After a pause of a few months, the world's leading central banks are "printing" money again to try to bolster their economies. Commonly known as quantitative easing or QE, the European Central Bank (ECB) resumed its programme just before the turn of the year.

www.ukipmeps.org | Join UKIP: ukip.datawareonline.co.uk/JoinOnline.aspx?type=1 * European Parliament, Strasbourg, 21 May 2013 * Speaker: Godfrey Bloom MEP, UKIP (Yorkshire & Lincolnshire), Europe of Freedom and Democracy (EFD) group - www.godfreybloommep.co.uk * Joint Debate: Banking union - single supervisory mechanism 1.

Christine Lagarde, the head of the IMF, will become the head of the ECB. Already, she has made a fool out of herself. Following a two-day marathon in which "Spitzenkandidat" Failed and Merkel's Plan A and Plan B Dumped Lagarde will now head the ECB and give up her job at the IMF.