know move in frankfurt the european central bank has left its benchmark financing rate at a historic low of zero percent that s despite policymakers demanding the bank s president mario draghi increase rates to match an ongoing recovery in the euro zone economy. europe s biggest economy germany is set to grow around two and a half percent next year according to leading economists the euro area as a whole is also up but that s just not enough for now you know druggy he is once again defying critics once again he s holding rates low and continuing the asset purchasing program that s because while druggy credits the e.c.b. with keeping the eurozone on the right economic course there s still plenty of work to be done. our monetary policy decisions have preserved the very favorable for announcing conditions that are still needed for seeing the return of inflation