Програмата за количествени улеснения и новият подход на Eвропейската централна банка към паричните стимули
Quantitative Easing Program and the New Approach of the European Central Bank to Monetary Incentives

Author(s): Silvia Kirova
Subject(s): Economy, Supranational / Global Economy, Financial Markets
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Quantitative Easing; QE; European Central Bank; ECB
Summary/Abstract: On 22 January 2015, the European Central Bank (ECB) announced the beginning of the Extended Asset Purchase Program. According to the terms of the program, the total volume of final purchases of public and private securities should amount to EUR 60 billion per month and is expected to last until the end of September 2016 but in any case, until there is no sustainable adjustment of the inflation rate to levels compatible with the ECB's objective of price stability.

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