# Prof. Nicholas Economides on the European Central Bank's stimulus programs

1 Faculty News November 6, 2014 ![CCTV logo](/sites/default/files/styles/246w/public/assets/images/con_042799.jpg?itok=_MQ3VVcM)>

Excerpt from [CCTV](http://www.cctv-america.com/2014/11/06/european-central-bank-not-to-expand-its-current-stimulus-programs) -- "I think \[Mario Draghi\] will act. He said he's expected to buy assets. He hasn't said he's going to buy something specific, but he says he is expected to, and he also said that it's a unanimous decision. So he's pushing in that direction, but I think that there is resistance from Germany, and we'll see how it turns out. We're not sure."

[Watch the video](http://www.cctv-america.com/2014/11/06/european-central-bank-not-to-expand-its-current-stimulus-programs)