ECB "pumped" into the economies of Italy, Greece and Spain 17 billion euros in two months

All as part of a new plan to rescue the EU economy. The ECB will buy bonds of Italy, Greece and Spain at the expense of repayment of bonds of Germany, France and other major EU economies.

The ECB is trying to help the Italian economy, which is struggling with everything at once: rising unemployment, inflation and the political crisis. But the amount of money in the EU economy is not shrinking.