Frankfurt--The European Central Bank will unveil the details of the bond purchase programme it is embarking on later this month at its next meeting, but is unlikely to announce any new policy measures, analysts said.
Greece is also likely to be at the top of the agenda, following the recent eurozone deal to extend aid to the debt-wracked country, the ECB watchers said.
The ECB's decision-making governing council will hold its meeting on Thursday in Nicosia, Cyprus, instead of the usual venue of Frankfurt.
But after revealing its plans for so-called quantitative easing (QE) in January, the meeting will focus on fleshing out the details of that programme, rather than announcing any new measures, analysts said.
"The ECB is unlikely to announce any new policies as it prepares to implement the quantitative easing programme," said Jennifer McKeown of Capital Economics.
At its first meeting of the year last month, ECB chief Mario Draghi announced a programme to buy 60 billion euros ($68 billion) of private and public bonds each month starting in March until at least September 2016 in a bid to ward off deflation in the euro area.
AFP
