ECB has brought eurozone to the brink of confrontation

So the ECB has finally made its move. Mario Draghi has “done what it takes”, writes By Kyran FitzGerald. 

At least, that is what we all fervently hope. A larger programme than expected of quantitative easing gets under way shortly.

It will amount to around €1.14 trillion or €60bn a month between March 2015 and September 2016. The Germans have by and large reacted negatively to this long-delayed announcement.