World Events and the Bible

A site dedicated to World Events and Study of the Bible.

ECB announces €1 trillion bond-buying plan

Print Friendly, PDF & Email

(Source: Black Listed News) – The European Central Bank will start buying bank securities worth up to €1 trillion between now and the end of theyear, president Mario Draghi has announced.

Speaking at a news conference following the monthly meeting of the ECB’s governing council in Naples on Thursday (2 October), Draghi said that the bank would buy covered bonds and asset-backed securities (ABS) in the final three months of 2014.

Although Draghi refused to give a precise figure on the total value of the purchases, he indicated that there were €1 trillion worth of bonds and ABS available on the market. – Read More – Black Listed News



Previous post
CDC director: Travel ban could make Ebola outbreak worse
Next post
Another Questionable ISIS Beheading Video Released. ISIS Within a Mile From Baghdad.

Subscribe!

Every day we send our readers the latest news with Christian commentary right to their inbox. Bi-weekly we include Bible Q&A and Bible studies as they become available. We invite you to join us.




Study With Us!

Visit the Bible Study, Bible Q&A and Video section of our site.

Leave A Comment

You are invited to participate in our Christian Community by leaving a comment. We would love to read your point of view and inspiring messages. Please read our Community Guidelines before commenting and note all comments are moderated (Ephesians 4:29).

1 Comment

  1. More economic insanity. When this blows it’s gonna be big. China’s bubble is ready to burst, too. Think if America, Europe, and China go off all together? The fallout is gonna be huge.
    Might even be deadly.

Leave a Reply

Members: Login
Guests: Your email address will not be published.

*

© 2018 World Events and the Bible.

Isaiah 21:6Up ↑