Businesses let out a sigh of relief after Mario Draghi’s £1.1tn quantitative easing programme but questions remain over future sustainabilityThere’s a return to healthy growth in the eurozone. Surprised? It’s called the QE bounce.First the head of the central bank says he will inject £1.1tn into the 19-member economic bloc under a programme of quantitative easing (QE). Next, bank lending gets easier. More importantly, businesses breathe a sigh of relief, realising that after four years of austerity someone has put serious money behind the eurozone’s recovery. Related: Greece back in recession; Bank of England cuts growth forecast - live updates Related: Schäuble's subplot – a Grexit, it seems, no longer worries Germany Continue reading...
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