€1.1 TR

Finweek English Edition - - IN BRIEF -

The size (R14.4tr) of the Euro­pean Cen­tral Bank’s (ECB) quan­ti­ta­tive eas­ing pro­gramme, which kicked off on 9 March. The aim is to stim­u­late growth in the eu­ro­zone and pre­vent de­fla­tion, and will see the ECB buy around €60bn (R787bn) of public and pri­vate bonds each month un­til at least Septem­ber 2016.

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