VW reaches deal with US government - ECB policy seen as less than stimulating - German savers bemoan low interest rates - German beer purity law turns 500
The European Central Bank wants to end its €2.4 trillion bond-buying program at the end of 2018, calling time on a policy that is credited with reviving the eurozone but may come too soon for some debt-laden countries.
ECB chief Mario Draghi has said the lender's moves to lower its interest rates in recent years have helped to consolidate the eurozone economies. He defended his policy before lawmakers in Berlin.
ECB chief Mario Draghi is expected to highlight the euro area's strengthening economy while underlining the need for caution as the bank inches toward ending its stimulus. But interest rates will not rise anytime soon.
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