ECB's Lagarde says Eurozone economy faces fewer risks

The European Central Bank concluded its monetary meeting today, with Christine Lagarde as bank's president, to discuss monetary policy and the Eurozone economic state.

The ECB decided to hold interest rates at -0.5%, unchanged from previous meeting, and announced it will continue the €20 billion asset purchase program in a bid to stimulate the Eurozone economy.

Legard said in her first press conference that the ECB sees preliminary signals that the slowdown in the Eurozone economy has stopped, which led to leaving the interest unchanged.

Lagarde also called the markets and investors not to misinterpret her statements, stressing she has a different method from the former ECB President, Mario Draghi.

The French economist - the former Managing Director of the IMF - talked about the ECB conducting a comprehensive strategic review that will begin in January.

She added that this strategic review of the economy and monetary policy will include climate change, income inequality and the distribution of wealth, and expected the fo the review to go on until next December.