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ECB reveals European economic stimulus plan

Published: 22 January 2015

''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

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