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Morning Focus with Alan Morrissey

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EBC To Unveil Trillion Euro Quantitative Easing Plan

The ECB is set to announce a massive €50 billion debt-buying plan to boost Europe's economy.

The two-year strategy – which will see over a trillion euro injected into the eurozone – is aimed at allowing banks to lend more money and stopping deflation.

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European Central Bank President Mario Draghi is expected to announce the scheme at the World Economic Forum in Davos today.

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