ECB leaves key eurozone rate unchanged at 1%

The European Central Bank (ECB) has left its benchmark interest rate unchanged at 1%.

Draghi's Risky ECB Bet: Reject QE, Hope Merkozy Makes Bailout Fund Work

European Central Bank President Mario Draghi warned of the high price of leaving the Eurozone, telling the Financial Times member states would face the same structural problems outside the common currency, along with rampant inflation, from a weaker position.