As regards non-standard monetary policy.........>

ECB: As regards non-standard monetary policy measures, purchases under the asset

purchase programme (APP) will continue at the current monthly pace of E60

billion until the end of December 2017. From January 2018 the net asset

purchases are intended to continue at a monthly pace of E30 billion until the

end of September 2018, or beyond, if necessary, and in any case until the

Governing Council sees a sustained adjustment in the path of inflation

consistent with its inflation aim. If the outlook becomes less favourable, or if

financial conditions become inconsistent with further progress towards a

sustained adjustment in the path of inflation, the Governing Council stands

ready to increase the APP in terms of size and/or duration.