This is a discussion on EUR News within the Analytics and News forums, part of the Trading Forum category; The European Central Bank is widely expected to unveil a quantitative easing plan on Thursday, but doubts remain as to ...
The European Central Bank is widely expected to unveil a quantitative easing plan on Thursday, but doubts remain as to whether the size of the much anticipated stimulus would be sufficient and effective to avert the threat of deflation and revive the euro area economy.
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European Central Bank President Mario Draghi unleashed a massive quantitative easing programme on Thursday, the size of which exceeded market expectations, determined to combat the threat of deflation and revive the euro area economy. The widely expected quantitative easing measure was described by Draghi as "an expanded asset purchase programme".
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European Central Bank Executive Board member Benoit Coeure said Monday that Greece must comply with its existing debt obligations.
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German business confidence improved for a third straight month in January to a six-month high as expectations of firms and current assessment brightened in January, results of the IfO business climate survey showed Monday. The business confidence index rose to 106.7 in January from 105.5 in December, exceeding the 106.4 reading expected by economists. It was the highest score since July 2014.
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Eurozone's manufacturing activity grew at a faster rate in January, confirming the flash estimate, final figures from Markit Economics showed Monday.
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German business insolvencies continued to decrease in November, data from Destatis showed Wednesday.
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Germany's consumer prices fell for the first time since September 2009 in January and at a faster than initially estimated pace, final data from Destatis showed Thursday.
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European new passenger car registrations rose for the seventeenth consecutive month in January and at a faster rate, totaling nearly 1 million units, the European Automobile Manufacturers Association (ACEA) said Tuesday.
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Spain's merchandise exports climbed to a record high in 2014 and the trade deficit for the year was the second lowest since the series began, government data showed Wednesday.
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A measure of German business confidence rose less-than-expected in February, reports said Monday, citing the results of a key survey.
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