The European Central Bank is expected to maintain interest rates at 0.15% at its monetary policy meeting today.
If rates do not change, the ECB will be acting in defiance of those groups who have asked for more action to boost the eurozoneÂ’'s recovery and tackle the threat of a crippling bout of deflation.
Conall MacCoille from Davy Stockbrokers says the ECB is happy with the recent depreciation of the euro against the dollar and is unlikely to make any big announcements today.
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Mr MacCoille told Newstalk's Business Breakfast he is interested to see what ECB President Mario Draghi has to say about the effect of the Ukraine crisis on EU markets:
