Abstract
The subject of this paper is the latest program of the European Central Bank, called the Expanded Asset Purchase Programme, valued around 1,100 billion euros, which may be extended as long as inflation in the eurozone has reached the planned two percent. The aim was to examine the effects of new program, the ECB launched, especially its effects on inflation in six months from the announcement of its implementation. Methods used in the paper are comparative method for predicting the movement of economic indicators across different time periods; inductive-deductive method in order to reach generalized conclusions and responses and statistical methods of scientific observation and analysis.
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