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I think the results of the EU elections have not gone unnoticed by the upper echelons of the ECB. They can see that there is deep, and deepening, resentment against the EU machine. The EZ is interwoven with that machine, and I would imagine what they fear is this resentment spreading and continuing to fester over the coming years.
Hence, there may be a serious political justification for a step-change in policy towards easier policy. Objections on the basis of economic principle are probably being overridden on the basic of political exigency.The ECB can knock itself out trying to sell monetary policy as a panacea all it wants. The reality is that monetary policy is and has been almost totally ineffective across the globe in stimulating growth in aggregate demand.  Only the mindless monetarists such as the ECB and the German elites are still worshipping false gods.  The EMU member states are woefully below economic capacity as all have suffered a dramatic decline in aggregate demand. Still, now going on 7 years of demonstrably failed economic policies, such as austerity, which directly caused massive unemployment, attacks on the welfare state, massive increases in poverty and social unrest, the elite still think the ECB has a cure?  The press should at the very least recognize what a large swath of European voters have, and that is that the Troika and other elites have been peddling baseless dogma.   The baseless dogma of austerity and eschewing of fiscal policy choices continues to destroy democracy and Europe.  The ECB has nothing to offer other than more ineffective monetary policy when what is desperately needed is expansionary fiscal policy.  The whole shebang was started as the EEC and now the bank owner's puppets (ex-Goldman Sachs employees) like Draghi have turned it into the EU through strong-arm tactics and "debt-rape"! They are heading us to a new order controlled by a world bank and "1984" style security forces in all Western Countries using terrorism as an excuse!  And it's very funny how, when any party in any country goes against EU and EZ policies, they are labeled "extremist" or "Nazis" - but when the buggers at the central banks or puppets in Brussels run over people's rights and freedoms everything is just "wonderful" !  By the way, Club Med's economy is in "the toilet" thanks to the central bank owners - and now the vulture bastards are making money off of the "bones" of dying countries like Greece! Presumably the BoE, the FED and the ECB - disguised as governmental agencies - are there to regulate the banking industry? That's like asking a coke addict to regulate the amount of cocaine coming out of Columbia! Austerity in the form of reparations payments - which are very similar to un-payable bailout loan payments - was a wonderful solution imposed on the Germans after WWI - they had Hitler to show for it! Austerity has also been very beneficial to Mexico since the 80's and 90's - they have 50% of the population working for the drug cartels supplying heroin and cocaine to the North Americans!