The European Central Bank is expected to unveil new measures aimed at tackling the Eurozone debt crisis following its monthly meeting today.
Financial markets are hoping president Mario Draghi will reveal details of a revamped programme to buy up the sovereign debt of Eurozone countries.
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However there are some fears any new programme of bond buying will fuel inflation, and ultimately erode the ECB’s independence, so there are likely to be conditions attached.
Economists are divided as to whether further rate cuts will be announced as part of the measures.
