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European Central Bank

Watch: ECB President Mario Draghi speaks following policy decision

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European Central Bank President Mario Draghi speaks at a press conference following the bank's monetary policy decision on Thursday.

The bank announced a massive new bond-buying program in a bid to stimulate the ailing euro zone economy. The central bank's quantitative easing program will entail 20 billion euros ($21.9 billion) per month of net asset purchases for as long as it deems necessary.

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