Following two days of meetings, the U.S. Federal Reserve has unveiled an economic stimulus package.

The package, made public on Wednesday, is aimed at purchasing long-term securities by selling 267 billion dollars worth of short-term securities.

However, the U.S. central bank did not mention any measures regarding directly releasing currency into the market.

At the New York Stock Exchange, prices fell apparently due to gloomy economic prospects.

Meanwhile, in Europe, stock prices jumped amid news of a new coalition government formation in Greece. The yield on Spain's ten-year bonds fell after surging to a record high earlier this week.