The European Central Bank (ECB) is expected to announce an unprecedented bond-buying programme on Thursday (22 January), in a bid to breathe life into the eurozone economy and to prevent deflation.
Reports on Wednesday suggested that its 25-member governing council, led by Mario Draghi, will consider a proposal by its executive board to begin asset purchases worth €50 billion per month, running from March until the end of 2016 - double the amount previously forecast by analysts.
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