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ECB keeps key interest rate at record low of 0.75%

European Central Bank (ECB) maintained on Thursday monetary policy interest rate at record low of 0.75%, in line with analysts' estimates.
Businessmen waiting for the press conference of ECB President, Mario Draghi, and the announcement of new economic forecasts for the euro area.

Draghi could offer some clues on bank policy next year, in the context of expectations that the new estimates to mark a worsening economic outlook.

ECB lowered the key rate in early July by 0.25 percentage points, from 1% to 0.75% and the deposit rate reduced to zero, both indicators reaching historic lows, writes AFP .

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