Leading banks expect Mario Draghi, the European Central Bank (ECB) chief, to announce a tapering-off in the bond-buying programme that saved the EU's single currency.
The ECB decision, due on Thursday (26 October) morning in Frankfurt, would mark the end of the financial crisis that began in 2008 and that threatened to bankrupt several EU states, including Greece, Ireland, and Portugal, possibly sending them out of the euro.
The ECB began buying sovereign and corporate bonds in ...
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Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.