ECB leaves benchmark interest rate unchanged.
The decision Wednesday by the bank's 23-member governing council left the refinancing rate at a record low 1 percent.
The bank is under pressure to stimulate a weakening eurozone economy with a rate cut. But bank President Mario Draghi has said the central bank cannot make up for inaction by governments.
President of the European Central Bank Mario Draghi faces a challenge to stimulate a weakening eurozone economy
Analysts say the bank is now likely to see what European leaders can come up with at a June 28-29 summit. This could include moves toward stronger oversight of banks, help for Spain and its troubled banks, or proposals for more growth or shared government borrowing.
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