The actions undertaken by the EBC from half of 2014, are gradually bringing the first effects. Since then, the financial institution from Frankfurt has used the negative interest rates, supplied the banks with cheap loans, and activated the assets' purchase. Especially the purchase of government bonds will be advantageous for the eurozone's economy. The first evidence for the effectiveness of the EBC efforts, is the most recent credit data. It has increased for the first time in three years.
Piotr Lonczak, analityk Cinkciarz.pl