Good News for the ECB and Europe

Almost two years ago, the president of the European Central Bank (ECB), Mario Draghi, pledged to do “whatever it takes” to save the euro. This pledge was backed and made credible by the ECB’s Outright Monetary Transactions (OMT) program, under which the Bank would purchase in secondary sovereign bond markets the bonds issued by Eurozone […] View the full post at: Good News for the ECB and Europe Related posts: Europe, UK Rate Decisions; What to Expect Europe’s Macro Mess The Risk of Deflation in the Eurozone