Draghi's radical stimulus: Analysis and reaction

The European Central Bank (ECB) unveiled a host of stimulus measures on Thursday, in an effort to boost the euro zone's sluggish recovery and halt a growth-sapping fall in prices.

As expected, the ECB cut interest rates - one into negative territory - but also outlined a number of other liquidity-boosting measures and said it was preparing for asset-backed security purchases.

We followed all the developments in our live blog: