. >> indian stocks hit a fresh record high amid on going hopes for prime minister modhi's reforms. >> and coming up we speak to the finance minister of india live from davos. well a warm welcome again to worldwide exchange from a very chilly davos this morning. let's get straight o our top story. they're set to announce a plan to buy 50 billion euros a month when it meets later today. the report sent shares in europe and the u.s. higher. according to the newspaper the central bank bond buying will last for at least a year. however other reports suggest the program won't end until late 2016. the ecb declined to comment on the speculation. now anetta is in frank ford. you confirmed we're looking at a program with 50 billion euros. we're looking at the top end of the market estimates. we could see significantly more. when is it going to start? what are we expecting? and who is going to be buying? >> well about the starting point it will most likely be march. that's what i'm hearing currently and also about the volume, we're looking into a package which could be more than 1 trillion euro.