An analyst linked Draghi’s not delivering on the market’s expectations to disappointing Christmas gifts.
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Europe's stock markets nosedived and the euro rose Thursday after the European Central Bank cut a key rate and expanded stimulus with analysts saying it should have done more to rekindle eurozone growth.At the ECB's last monetary policy meeting of the year, the governing council decided to lower the key deposit rate, already in negative territory, to minus 0.30 percent.Markets plunged in reaction with both Frankfurt's DAX 30 and the CAC 40 in Paris ending the day down 3.58 percent, while London's FTSE 100 index lost 2.27 percent.One analyst likened ECB president Mario Draghi's not delivering on the market's expectations to disappointing Christmas gifts.
FOLLOW THIS ARTICLE