ECB reveals European economic stimulus plan

News

''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.''

McGill expert

Ken Lester - Desautels Faculty of Management

He can comment on the impact of the European Central Bank's actions. 

klester [at] lesterasset.com (Email)

Tel:  514-849-5566

Source: ECB reveals European economic stimulus plan

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