Tag: 17-nation Euro economy

• Thursday, February 7th 2013 - 19:22 UTC

  ECB leaves rates unchanged, but appreciation of the Euro turns into controversy

  

  European Central Bank President Mario Draghi admitted on Thursday policy makers are concerned that the Euro strength will hamper their efforts to pull the economy out of recession and although the exchange rate is not a policy target, he confirmed “it is important for growth and price stability”.