ECB to stimulate economy despite growth

Source: Bloomberg
© Scanpix/FP
The European economy is recovering from the prolonged recession and is ready to show a pick up this week, as analysts are waiting for GDP data. However, the ECB is probably going to increase the pace of stimulus in June, pointing on very low inflation of 0.7%, less than a half of the ECB target. Among possible actions, economists see a decrease rates and straight liquidity injections.

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