Local
articles | 05 March 2015

ECB council meets in Nicosia

The European Central Bank governing council is meeting in Nicosia on Thursday 5 March and is set to reveal details of plans to buy €1.1 trillion worth of eurozone assets as part of its landmark quantitative easing programme.

Greece is also likely to be a priority issue on the agenda of the meeting.

The ECB’s governing council has travelled to Cyprus for one of its twice-yearly meetings away from its base in Frankfurt. A news conference will follow the meeting.

Yesterday, thousands of protesters took part an anti–austerity rally outside the Philoxenia conference centre in Nicosia, the venue of Thursday’s meeting.

Source: Cyprus Mail

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