ECB : € 1,000 billions to save Growth in Europe

Mario Draghi, CEO of ECB announce a massive plan to inject € 1,000 billions on european bank balance sheet.

If cash injection and repurchase of bank asset would not be enough to fill the target, Mario Draghi even said, ECB was prepared to announce new non conventional measures.

Currency immediatelly react to this announcement and Euro dropped to 1.24 USD.