Last month, the ECB reduced its key interest rate from 1.5% to 1.25% at the first meeting chaired by the new head of Central Bank, Italy's Mario Draghi. In July, the bank increased its key interest rate by 0.25 percentage points.

"I do not take into account a further reduction in key interest. Have undertaken structural reforms to bring increased courageous. Pressures on wages and pensions should remain modest. Inflation is high because of high prices and energy products will reach this year will be in the range 2.6% - 2.8%, "said ECB President Mario Draghi.

Today begins a summit in Brussels considered crucial for the future of the euro. EU leaders will discuss for two days, the measures necessary to overcome the debt crisis.

Everybody put their hope in the summit of the 27, and the growth markets expect. Enthusiasm will be, but if European leaders will temporarily take concrete decisions.

Croitoru 6:10 p.m. Update: Decision of the ECB does not stimulate the entry of new capital in Romania

BNR Governor adviser, Lucian Croitoru, said Thursday that the ECB's decision to cut interest rates at 1% is seen in that the differential between interest rates in Romania and the euro area interest rates increase, and this does not stimulate the entry of new capital in Romania. "For loans Romanians translate that differential rates of increase between Romania and interest rates there. That does not stimulate new capital of Romania. The decision is made in terms of the euro area. It is a decision that I think that the public was expecting, is a sign that the euro area is thinking of existing liquidity problems in the euro area and has a perspective that draws even with his eye for growth and to what is happening in the real sector, not only in the financial sector, "said Croitoru, in semninarului EU-co-organized the National Bank and Alpha Bank Sinaia. In his opinion, the growth differential is not likely to attract capital, given the situation in the European Union, otherwise, if funds were available "and more would come." Asked if banks in Romania could reduce pressure on euro interest, given that they relate to the Euribor, he said that the cost of credit and interest to us are very much related to availability of funds. "The banking system has a ratio between loans and deposits has been declining. Still remains relatively high, but the cost of credit and interest are very much related to availability of funds. So far, this quantity is small compared to a few months ago. It is rather anticipated short-term to increase credit costs and capital costs. If you will reflect whether or not interest in Romania, it is hard to say. I still believe that banks in Romania have to look at the trend that is monetary policy rate and the signal is that rather go down, "said Croitoru .. Governing Council of the European Central Bank (ECB) decided Thursday to reduce the monetary policy rate by 0.25 percentage points at historic low of 1%.