Mario Draghi, President of the European Central Bank, announced it would keep its lending rate at zero per cent and extend its ongoing bond-buying scheme but reduce the scope from 60 billion euro to 30 billion euro as part of its monthly quantitative easing programme. The new policy is to take effect as of January. Photo: EPA
Mario Draghi, President of the European Central Bank, announced it would keep its lending rate at zero per cent and extend its ongoing bond-buying scheme but reduce the scope from 60 billion euro to 30 billion euro as part of its monthly quantitative easing programme. The new policy is to take effect as of January. Photo: EPA