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The ECB governing council comprises of the chiefs of central banks from the 18 eurozone member states (Photo: European Central Bank)

ECB considers printing more money

The European Central Bank over the next months will consider various options of 'quantitative easing' - also known as money printing - to counter a very low inflation rate, ECB chief Mario Draghi said Thursday (3 April) in a press conference.

"The ECB Governing Council is unanimous in its commitment to using all unconventional instruments within its mandate, in order to cope effectively with risks of a too prolonged period of low inflation," he said.

Draghi said quantitative easi...

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The ECB governing council comprises of the chiefs of central banks from the 18 eurozone member states (Photo: European Central Bank)

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