Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
But given the limited (at best) direct economic effects of QE, the (foreseeable, and anticipated by the market) depressed exchange rate seems to be the main benefit to the EU. Hard to get away with "unintended consequence".

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Wed Jan 28th, 2015 at 01:18:29 PM EST
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