Sluggishness rising unemployment and the risk of deflation in the euro zone. Mario draghi considered confidence in europe something not heard in a while and massive Bond Buying Program will begin in just a few days. Today, reaction was in the currency market as the euro fell below the level for the first time in 2003. Details on draghis plan from the European Central banks meeting in cypress. Finally, going to start the Quantitative Easing Program. It will be next monday. And we also know now that the ecb is also going to buy sovereign debt with negative yield. Apart from that mario draghi left the doors open to perhaps even extending the qe Program Beyond the current planned date of 200616. It will depend on Inflation Development in the euro zone. But can say that mario draghi is very upbeat about the economic developments here in europe. Now predicting that gdp growth on average will reach almost 2 by next year and deflation will be back close to its target by 2017. Ecb is declaring
Mario draghi considered confidence in europe something not heard in a while and massive Bond Buying Program will begin in just a few days. Today, reaction was in the currency market as the euro fell below the level for the first time in 2003. Details on draghis plan from the European Central banks meeting in cypress. Finally, going to start the Quantitative Easing Program. It will be next monday. And we also know now that the ecb is also going to buy sovereign debt with negative yield. Apart from that mario draghi left the doors open to perhaps even extending the qe Program Beyond the current planned date of 200616. It will depend on Inflation Development in the euro zone. But can say that mario draghi is very upbeat about the economic developments here in europe. Now predicting that gdp growth on average will reach almost 2 by next year and deflation will be back close to its target by 2017. Ecb is declaring victory without having started the qe program in the euro zone. Annette. Did
Mario draghi considered confidence in europe something not heard in a while and massive Bond Buying Program will begin in just a few days. Today, reaction was in the currency market as the euro fell below the level for the first time in 2003. Details on draghis plan from the European Central banks meeting in cypress. Finally, going to start the Quantitative Easing Program. It will be next monday. And we also know now that the ecb is also going to buy sovereign debt with negative yield. Apart from that mario draghi left the doors open to perhaps even extending the qe Program Beyond the current planned date of 200616. It will depend on Inflation Development in the euro zone. But can say that mario draghi is very upbeat about the economic developments here in europe. Now predicting that gdp growth on average will reach almost 2 by next year and deflation will be back close to its target by 2017. Ecb is declaring victory without having started the qe program in the euro zone. Annette. Did