Draghi delivers “whatever it takes” pledge as era ends

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After pledging to do whatever it takes to preserve the Euro back in 2012, Mario Draghi in his final meeting as ECB president has unleashed a wave of new stimulus measures to revive the Eurozone economy.

The central bank cut interest rates for the time since 2016 while restarting its Quantitative Easing programme by 20 billion euros, below market expectations. There was also an announcement of a two-tier system and adjustments to its targeted long-term refinancing operations (LTRO) to further promote lending.

Although Draghi has done “whatever it takes” before he hands the mantle to… Read More:

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