ECB unveils quantitative easing program, additional eligibility criteria for Greece

The European Central Bank on Thursday committed to a quantitative easing (QE) program that will see it print money to buy up 60 billion euros worth of sovereign bonds from March until the end of September next year.

The money will include some from existing programs.

ECB President Mario Draghi said additional eligibility criteria will be applied in the case of countries under an EU/IMF adjustment program, such as Greece.

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