ECB Launched Euro Bonds Buying Programme for Euro Zone economy revival
Q. Name the bank that launched the 1 trillion Euros Bond Buying Programme on 22nd Jan’15 to revive Euro Zone Economy?- Published on 23 Jan 15a. Central bank
b. Federal bank
c. European Central Bank
d. None of these
ANSWER: European Central Bank
ECB would purchase sovereign debt starting from March 2015 until the end of September 2016 in an effort to release €60 billion euros ($68 billion) a month into the European economy.