News
ECB reveals European economic stimulus plan
Published: 22 January 2015
''The European Central Bank will buy 60 billion euros in government and private bonds each month starting in March to stimulate the European economy and help avert a recession for the currency alliance.
The stimulus program the ECB announced Thursday is intended to boost borrowing and help avert a recession for the alliance of 19 countries. The ECB's governing council will buy the bonds with new money through March 2016.''
ÎÛÎÛ²ÝÝ®ÊÓƵ expert
Ken Lester - Desautels Faculty of Management
He can comment on the impact of the European Central Bank's actions.Â
klester [at] lesterasset.com (Email)
Tel:Â 514-849-5566
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