Quantitative easing in the eurozone - how does it work?

The ECB is has announced a huge programme of money-creation - but what does that actually mean?

Symbol of the Eurozone
(Image credit: Hannelore Foerster/Getty)

The European Central Bank (ECB) has announced a massive programme of quantitative easing (QE) for the eurozone today. The idea is to fight low inflation - and stave off the spectre of deflation.

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