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Mario Draghi, the president of the European Central Bank, is expected to use a press conference today to drop the strongest hint yet that the ECB could use quantitative easing if eurozone inflation continues to stagnate.His hope is that the mere suggestion of a vast financial asset-buying programme would boost faith in the economy and push up inflation, which slumped to 0.3% in August, according to Eurostat estimates published on Friday (29 August). (EUROPEANVOICE.COM)

 

France has said conditions are “not right“ for delivery of the first of two Mistral navy assault ships to Russia.President Francois Hollande‘s office blamed Moscow‘s recent actions in Ukraine. France had until now resisted pressure to halt the delivery. (BBC.CO.UK)

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