QE programme to begin Mar. 9, says ECB chief Draghi
(AGI) Rome, Mar 5 - The European Central Bank's quantitativeeasing programme is due to start on Mar. 9. The programmeprovides for the purchase on the secondary market of debtsecurities of eurozone public institutions at a level of 60billion euros per month, President of the European Central Bank(ECB), Mario Draghi told a press conference on Thursday. TheECB, meanwhile, has raised its estimates on eurozone GDP growthto 1.5 percent in 2015, 1.9 percent in 2016 and 2.1 percent in2017. The ECB's expansionary monetary policy has alreadyhad a "favourable impact" on the economy of