ECB announces sovereign bond purchase programme, to commence in March 2015
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The ECB has announced a Euro area sovereign bond purchase programme (‘quantitative easing’) of €60bn per month, to run from March 2015 to September 2016. The text of ECB President Draghi’s presentation is on this ECB page. A webcast of Thursday’s press conference is at this link. The programme includes sovereign debt, asset-backed securities and covered bonds. The European Central Bank publishes Monthly Bulletins, Financial Stability Reviews and regular alerts for new publications and policy positions. The EUI Library maintains a Eurozone resource page, with bibliography and a Eurozone/European Union statistical data directory.