The purchases of securities by the ECB are not anything new, and the latest indicators, “positive”, show that the slowdown in growth of ‘Eurozone started to reverse course. The measures launched by the European Central Bank, which two days ago kicked off purchases of government bonds, eurozone countries can protect themselves from infection, he said. The ECB “is able to stabilize inflation and will do it,” added Draghi speaking at an event in Frankfurt and noting how the expansive policy launched by the central institution “within the mandate.”
Euro lows In the wake of ‘quantitative easing’ of the ECB the euro falls below $ 1.06, marking the lowest level since March 2012. In sharp decline in the rate the ten-year BTP, below the 1.20% to new lows, with a spread of 96 basis points. Tension on Greece, whose spread is back above 1,000 basis points to 1,018.
March 11, 2015 10:05 – Last Updated: 14:32
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