ECB purchases 60bn euros of bonds per month until end September 2016
European Central Bank (ECB)
Berlin - KUNA
The European Central Bank (ECB) announced Thursday that it will purchase 60 billion euros in bonds per month until the end of September 2016.
This came at a press conference in Frankfurt where the bank's President Mario Draghi spoke about the ECB's policy for the new fiscal year that would begin next March.
The decision was taken as a procedure to revive the euro zone economy, preventing it from further shrinking.
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Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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