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EU bank defends controversial policies

Monday, 29 May 2017 11:24 PM [ Last Update: Tuesday, 30 May 2017 3:06 AM ]

©AFP

Jerome Hughes

Press TV, Brussels

European Central Bank President Mario Draghi has defended his policy of pumping sixty billion euros per month into the eurozone economy as he appeared before lawmakers in the European Parliament. Draghi said the policy known as Quantitative Easing was necessary taking into account the economic resurgence of the 19-member eurozone.

Press TV’s Jerome Hughes reports from Brussels.

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