Relevant:
- Draghi cash offer seen losing luster as euro area risks increase
- ECB Accelerates Covered-Bond Purchases in Second Week
- Draghi Has Two Weeks to Map ECB Plan That Won't Disappoint
- ECB hurls cash at sluggish euro zone economy, seeks to force bank lending
- Mario Draghi: ECB prepared to cut interest rates and expand QE (AKA "DO WHATEVER IT TAKES 2.0"...)
2016-03-09 — bloomberg.com
...
Even after the central bank pumped about 720 billion euros ($794 billion) into the region, manufacturing dropped to its lowest level since 2013, the inflation rate turned negative, and consumer confidence worsened. That's led analysts to slash profit-growth estimates amid the worst earnings letdown since at least 2007. Investors are pulling money out of European equities at the fastest pace since 2014.
See also Why a Recession Could Mean the End of the Euro Zone.
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