| 07.09.2012 ECB to launch 'outright’ bond buying programme, interest rates unchanged |
| Benedicte Gravrand, Opalesque Geneva:
Mario Draghi, the head of the European Central Bank (ECB), announced the launch of a bond buying programme in his press conference speech on Thursday (Sept. 6th). He stated that it had been decided at the Governing Council that the key ECB interest rates would remain unchanged. The Council expects inflation to stay above 2% this year – partly due to high |