ECB raises growth forecasts, to start printing money next week

ECB raises growth forecasts, to start printing money next week, The European Central Bank will launch into quantitative easing next week having increased its economic growth forecasts for this year and next.

President Mario Draghi said the first bond purchases with new money would take place on March 9.

The euro zone's central bank has said it will buy 60 billion euros (43 billion pounds) a month until Sept. 2016 or until inflation is pushed backed towards a target of close to but below 2 percent.Read More