The euro zone's struggle to avoid another recession will take center stage in the coming week in the absence of major U.S. data, as investors mull whether the ECB's new asset-buying plan is a prelude to even more radical steps.
Breaking News
Visco of ECB stressed the importance of communication in an exit strategy.
Greece was expected to receive Eur8.1 billion from Euro-area finance ministers.
European Central Bank executive Benoit Coeure said that there is a risk that the euro zone might experience delay recovery in a few quarters on Friday.
Because of the strong commitments to European Central Bank and Bank of England's easy money policies, Japan's Nikkei share average soared to a five-week high.
Global shares increased as the ECB lowered interest rates.
The ECB announced that Cyprus government bonds are ineligible as collateral due to lowered credit rating.
Loans to the euro zone private sector declined further.
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