Draghi warns about eurozone’s economic outlook

European Central Bank keeps main interest rate on hold at 0.75%.

Mario Draghi, the president of the European Central Bank, today said that the eurozone economy was likely to remain weak for some time, as he welcomed a vote in Greece’s parliament that approved the government’s latest austerity measures.

Draghi, speaking after a meeting of the ECB’s governing council at which it was decided to leave interest rates unchanged, said that national governments needed to carry on implementing deficit-reduction measures and structural reforms.

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