ECB president Mario Draghi
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Euro interest rates held as 'uncertainty continues'

The European Central Bank (ECB) has held the benchmark eurozone interest rate at the record low of 0.75%, as had been expected.

The rate has been at this level for four months, after July's cut from 1%.

Explaining the decision, ECB president Mario Draghi said that economic activity in the euro area was "expected to remain weak".

  • 08 Nov 2012