EU Quantitative Easing initiated on 2015-01-22: Euro Area Banks will have €60 billion per month to provide loans

 

Press release http://www.ecb.europa.eu/press/pr/date/2015/html/pr150122_1.en.html   (available in all 23 EU languages)

"22 January 2015 - ECB announces expanded asset purchase programme

  • ECB expands purchases to include bonds issued by euro area central governments, agencies and European institutions

  • Combined monthly asset purchases to amount to €60 billion

  • Purchases intended to be carried out until at least September 2016"


 

Press conference http://www.ecb.europa.eu/press/pressconf/2015/html/is150122.en.html  (available in all 23 EU languages)

 

Comment:

It is now the role of the national governments to create the suitable environment for investment by structural reforms (e.g. labor market reform through trainings and fiscal adjustments) and the role of the investors to act with professionalism and creativity.