ECB Bond-Buying to Make Europe Leaders Smile, Stubb Says
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European governments seeking to boost growth will be happy to let the European Central Bank lay the groundwork, according to Finnish Prime Minister Alexander Stubb.
“Whatever the ECB does on QE today, we welcome it with a smile,” Stubb said on a panel in the World Economic Forum in Davos, referring to asset purchases, or quantitative easing, that ECB President Mario Draghi will probably announce today.