Bert Colijn, Senior Economist, Eurozone at ING Bank expects a bunch of bazookas likely to be unveiled at the European Central Bank (ECB) September monetary policy meeting.

“Interest rate cuts and more QE, that's what we can expect from Mario Draghi's last European Central Bank meeting in September. Expect a package of easing measures from the European Central Bank. The ECB anticipate that the rates are now remaining on hold or becoming lower. ECB is likely to cut interests soon.”