| Reuters
A more "bite-sized" option would be for the ECB to stop operations to soak up money spent on Greek and other countries' bonds at the height of the euro crisis. This would release some 175 billion euros ($245 billion) into the financial system.
However, Draghi last week played down the benefits of this technical option for loosening lending conditions, suggesting the ECB will either do nothing or else take bold policy action should the outlook deteriorate.
Quantitative easing (QE) - printing money to buy assets - would be such bold action, and it is a measure some ECB policymakers have mentioned as an option.
However, hawkish members of the 24-member Governing Council believe the barriers to embarking on QE are particularly high.
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