Eurozone recovery 'is there' says ECB board member

Economic recovery has arrived in the 19 countries that share the euro, but it is up to governments to ensure it endures, European Central Bank executive board member Benoit Coeure said Thursday. To help get the economy back on its feet, the ECB launched a massive one-trillion-euro bond purchase programme, known as quantitative easing or QE, at the beginning of March, under which it aims to buy 60 billion euros ($64 billion) of bonds per month until September 2016, or more than 1.0 trillion euros