Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

To return to the issue, the average inflation rate in the eurozone stood at 0.3% in 2009, whereas the ECB's inflation target is 2% per annum or thereabouts. Notwithstanding the quantitative easing that was taking place at that point, albeit in an alternative form, why did the ECB not do as the Bank of England, the Bank of Japan and the Federal Reserve did if average inflation was so low? I am aware the figure is the quantitative measure rather than country average.