Forecasts & opinions
The European Central Bank (ECB) has decided on Thursday that it will expand its asset purchase programme to 60 billion euro a month starting from March 2015 until September 2016. In aggregate, the asset purchasing programme will be over 1.1 trillion euro.
The volume of the bond-buying programme is larger than expected by analysts. Analysts had expected the ECB President Mario Draghi to announce an asset purchase programme of 50 billion euro a month.
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