Euro zone recovery uneven, rates to stay low: ECB's Draghi

(Reuters) - European Central Bank President Mario Draghi said on Thursday that an uneven economic recovery in the euro zone and the bloc's inflation outlook meant interest rates would stay low for an extended period.

ECB to begin bank stress tests under new role

FRANKFURT: The European Central Bank said Wednesday it will start next month to check the balance sheets of 124 eurozone banks and "stress-test" them before it becomes the sector's supervisor next year.