The ECB is set to announce a massive €50 billion debt-buying plan to boost Europe's economy.
The two-year strategy - which will see over a trillion euro injected into the eurozone - is aimed at allowing banks to lend more money and stopping deflation.
European Central Bank President Mario Draghi is expected to announce the scheme at the World Economic Forum in Davos today.
David Buik is Markets Commentator at Panmure Gordon Stockbrokers.
He says there are questions about whether it's too little, too late.