European Stocks Finish Lower After ECB Statement

European stocks closed lower on Thursday after the European Central Bank (ECB) decided to maintain interest rates unchanged amid recession fears.

The Stoxx Europe 600 declined by 0.59% to close at the level of 367.48 points.

Meanwhile, the UK’s FTSE100 finished lower by 0.16%.

The French CAC40 and the German DAX both also settled lower by 0.38% and 0.21%, respectively.