The euro zone's central bank already has over 2.2 trillion euros worth of assets on its balance sheet... READ MORE›
The European Central Bank is keeping its main interest rates unchanged. The bank's president, Mario Draghi, said on Thursday October 26 the eurozone economy was recovering... READ MORE›
Benoit Coeure, board member of the European Central Bank ECB, is photographed during an interview with Reuters journalists at the ECB headquarters in Frankfurt, Germany, May 17, 2017... READ MORE›
Catalonia, a region of 7.5 million people in the region bordering France, generates about 20 percent of Spain's economic output... READ MORE›
Greek police say they have arrested a man in Athens in connection with a series of letter bomb attacks on EU officials earlier this year... READ MORE›
ECB sees inflation pick up despite weak wages: Constancio... READ MORE›
A week earlier, the ECB had lent just 3.2 billion euros in its Main Refinancing Operation MRO ... READ MORE›
If he wants to stay in office until the beginning of next year, I would think that is the best option for all the members of the Eurogroup," he said... READ MORE›
At the economic and financial level, Macron urged coordinated moves to make the single-currency bloc the heart of Europe's global economic power... READ MORE›
The high-value euro notes are due to be withdrawn in 2018 over fears they facilitate illegal activities... READ MORE›
French President Emmanuel Macron has said that the International Monetary Fund IMF should step back from its role in European bailouts... READ MORE›
Fears of further uncertainty in Europe's weakest member state mounted as the International Monetary Fund IMF predicted that Greece's debt load could become explosive by 2030... READ MORE›
But Greece isn't far behind in third place, with Eurostat data showing 22.2 percent of the population were severely materially deprived in 2015... READ MORE›
Wolfgang Schauble rules out debt relief for Greece before meeting of eurozone's finance ministers... READ MORE›
In the April world economic outlook, it had forecast U.S. growth of 2.3 percent and 2.5 percent, respectively, in 2017 and 2018... READ MORE›
Earlier there was anger among some eurozone members at the lack of new written proposals from Greece... READ MORE›
Related Stories The European Central Bank ECB has confirmed it will shortly announce further measures to stimulate the ailing eurozone economy... READ MORE›
The Greek government said it would not ask for a euro more from its impoverished citizens... READ MORE›
For Matteo Renzi, the Italian prime minister, the Schauble ultimatum was an untenable exercise in German humiliation of Greece... READ MORE›
The resounding victory for the no vote in Greece's referendum has left European leaders like Chancellor Angela Merkel of Germany with a stark and clear choice... READ MORE›
Earlier, citing unnamed government sources, Greece's Ekathimerini newspaper reported Athens was reconsidering a previous proposal by European Commission President Jean-Claude Juncker... READ MORE›
Greece does not mark the end of the euro debacle merely the beginning... READ MORE›
But the shadow climate minister, Barry Gardiner, told the Guardian The European Central Bank should be aligned with Europe's industrial strategy and energy policy... READ MORE›
The euro exit is pushed far into the future... READ MORE›
That means unemployment in the eurozone is forecast to drop from 10 percent to 9.1 percent and that improving picture is reflected in forecasts across Europe as well... READ MORE›
Reaching agreement would release another tranche of funds from it latest 86 billion euro bailout, and facilitate Greece making a major 7.2 billion euro debt repayment this summer... READ MORE›
One day, the house of cards will collapse, Issing said in an interview with the journal Central Banking... READ MORE›
Annual cost synergies of almost 500 million euros per year from 2020 will give Santander some of the best efficiency ratios in Spain and Portugal, the bank said... READ MORE›
ECB President Mario Draghi will hold a press conference at 2 30 p.m... READ MORE›
A recent presentation by Peter Praet, the ECB's chief economist, illustrated just how badly the eurozone has performed since the financial crisis... READ MORE›
The doubts are now playing out primarily in the countries that most recently joined the European Union, primarily in Central and Eastern Europe... READ MORE›
The gain was more muted than the reaction that followed Macron's first-round win, when the euro rose almost 2 percent within 15 minutes of the open... READ MORE›
Germany's government, gearing up for what is forecast to be a tight national election in September, opposes debt relief for Greece as sought by the IMF... READ MORE›
Comment the day brexit got stuck in a tar pit of legalese... READ MORE›
Consumption has been driven a jump in disposable income due to oil price falls and loose ECB policy... READ MORE›
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Certainly I wouldn't describe the situation as a 'dead-end' but more turbulent than a few weeks ago, Dombrovskis said in an interview with Greek newspaper Kathimerini... READ MORE›
We now face a situation where Greece, the IMF and the Eurozone are operating at cross purposes... READ MORE›
This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled... READ MORE›
The source also said the ECB had offered to explain its stance to both the Italian treasury and Monte dei Paschi... READ MORE›
Brexit Makes Carney's Task Tougher as Draghi Turns the Corner... READ MORE›
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