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Draghi: Letter to the European Parliament
Honourable Member of the Europea n Parliament , dear Mr Papadimoulis , Thank you for your letter , which was passed on to me by M r Roberto Gualtieri , Chair man of the Committee on Economic and Monetary Affairs , accompanied by a cover letter dated 16 January 201 5 . The ECB decided on 22 January 2015 to launch an expanded asset purchase programme , which will encompass the existing purchase programmes for asset - backed securities and covered bonds , as well as secondary market purchases of euro - denominated investment - grade securities issued by euro area governments , agencies and European institutions . As ... (full story)