The European Central Bank (ECB) announced Thursday that it will purchase 60 billion euros in bonds per month until the end of September 2016.
This came at a press conference in Frankfurt where the bank's President Mario Draghi spoke about the ECB's policy for the new fiscal year that would begin next March.
The decision was taken as a procedure to revive the euro zone economy, preventing it from further shrinking.
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All rights reserved to Arab Today Media Group 2021 ©
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