Asset-buying programme: The ECB headquarters in Frankfurt am Main, western Germany. The ECB stuck by its plan to continue buying €30bil (US37bil) of assets a month until at least the end of September. — AFP
MARIO Draghi says the euro region is firing on all cylinders, and he’s not about to get in the way.
After the International Monetary Fund (IMF) raised growth forecasts and the global elite in Davos heaped praise on the economy’s brighter prospects, the European Central Bank (ECB) president gave his own vote of support by saying that an interest-rate increase this year is very unlikely. That’s a green light for an expansion that’s entered its fifth year.
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