2ecd39cdab113d1e3827b022a7e203ef3fb77070

Eurozone recovery 'is there' says ECB board member

Economic recovery has arrived in the 19 countries that share the euro, but it is up to governments to ensure it endures, European Central Bank executive board member Benoit Coeure, pictured, saidEconomic recovery has arrived in the 19 countries that share the euro, but it is up to governments to ensure it endures, European Central Bank executive board member Benoit Coeure said Thursday. To help get the economy back on its feet, the ECB launched a massive one-trillion-euro bond purchase programme, known as quantitative easing or QE, at the beginning of March, under which it aims to buy 60 billion euros ($64 billion) of bonds per month until September 2016, or more than 1.0 trillion euros in total. Coupled with the weaker euro and falling energy prices, the ECB scheme “is injecting a lot of fuel” into the economy, Coeure said.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article