ECB to raise growth forecasts, flesh out bond-buying plan


NICOSIA/FRANKFURT:  Keen to keep a low profile over the Greek crisis, the European Central Bank will focus on improved growth prospects on Thursday and unveil some but not all the details of its 1 trillion euros-plus bond buying plan.

The ECB, which left interest rates on hold at record lows at its meeting off-base in Cyprus, will probably lift growth forecasts to reflect a string of positive data surprises.

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