The President of the European Central Bank, Mario Draghi, is likely to pave the way for a second wave of quantitative easing before he leaves office in October.

At a crucial ECB board meeting on Thursday, he is expected to make the case for a new bond-buying program, in response to worries about an economic slowdown and subdued inflation in the eurozone. The ECB already owns €2,6 trillion of sovereign debt.

In addition, the ECB could opt for further interest rate cuts to bolster liquidity ...

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