Relaxing bank regulation is the last thing we need: ECB's Draghi
Financial regulation since the global financial crisis underpins stability and the idea of relaxing bank rules is `very worrisome`, European Central Bank President Mario Draghi said on Monday.
Feb 06, 2017, 20:38 PM IST
ECB holds key interest rates at record lows as calls grow for stimulus exit
The European Central Bank left key interest rates and its mass bond-buying programme unchanged Thursday, at its first meeting of a year when the Frankfurt institution could become a political punching bag.
Jan 19, 2017, 21:45 PM IST
Eurozone inflation jumps to 1.1%, highest since 2013
Inflation in the eurozone jumped in December to the highest level in more than three years on the back of surging oil prices, official EU figures showed on Wednesday.
Jan 04, 2017, 19:23 PM IST
GLOBAL ECONOMY WEEKAHEAD - Investors may look to ECB for comfort after high-risk votes
With Italy`s constitutional referendum and Austria`s presidential vote on Sunday both potentially underlining growing anti-establishmentism, the European Central Bank is preparing to set to try to bring some calm to the mix.
Dec 02, 2016, 18:34 PM IST
Eurozone inflation at highest level since April 2014
Eurozone inflation rose to a two-and-a-half-year high in November as Europe inched away from very low consumer prices that have threatened an already fragile economic recovery.
Nov 30, 2016, 18:13 PM IST
Business growth in Eurozone rises to highest rate this year
Eurozone business activity expanded the most in nearly a year in November on strong manufacturing and buoyant services growth in Germany, stirring some optimism that economic momentum is picking up again.
Nov 23, 2016, 17:26 PM IST
ECB seeks to lend out more bonds to avert market freeze: Sources
The European Central Bank is looking for ways to lend out more of its huge pile of government debt to avert a freeze in the 5.5 trillion euro short-term funding market that underpins the financial system, central bank sources told Reuters.
Nov 23, 2016, 17:00 PM IST
Donald Trump win 'not a good day for world economy': ECB
Donald Trump`s shock election win in the United States "is not a good day for the world economy" and could force the European Central Bank "to intervene", governing council member Ewald Nowotny said Wednesday.
Nov 09, 2016, 21:02 PM IST
ECB should tail off bond purchases: German experts
The European Central Bank`s easy-money policy has let eurozone governments delay key reforms, a German expert panel said Wednesday, urging the Frankfurt institution to ease off the massive stimulus spending.
Nov 02, 2016, 17:26 PM IST
Portugal keeps much-needed access to EU financial help
Portugal kept its much-needed access to EU financial help Friday after a European Central Bank-approved credit agency maintained its rating of Portuguese debt at investment grade level.
Oct 22, 2016, 00:02 AM IST
Mario Draghi says ECB 'didn`t discuss' winding down massive bond purchases
European Central Bank chief Mario Draghi said Thursday the governing council "didn`t discuss" winding down its massive bond purchases, after a report that an end may be in sight spooked investors earlier this month.
Oct 20, 2016, 22:24 PM IST
Global stocks, gold, bonds slide on ECB taper talk
Asian shares and gold retreated on Wednesday and bond yields were near two-week highs as markets were rattled by a media report flagging the possible withdrawal of the European Central Bank`s bond buying program.
Oct 05, 2016, 09:06 AM IST
Sensex plummets 248 points ahead of macro data; up for week
Markets came off 17-month highs after benchmark BSE Sensex plunged 248 points to 28,797.25, tracking weakness in global peers after North Korea tested a nuclear warhead, while domestic investors remained on the sidelines ahead of key macroeconomic data.
Sep 09, 2016, 17:36 PM IST
ECB holds rates steady but warns of Brexit 'uncertainties'
The European Central Bank kept its interest rates at record lows Thursday and held fire on more economic stimulus, but warned of "uncertainties" ahead for the eurozone over the Brexit vote.
Sep 08, 2016, 17:54 PM IST
Eurozone August business growth slowest since start of 2015
Eurozone business growth in August was at its weakest since the start of last year, suggesting the bloc`s struggling economy is losing what little momentum it had, a private sector survey showed on Monday.
Sep 05, 2016, 16:37 PM IST
ECB stresses 'readiness to act' in face of Brexit headwinds
European Central Bank policymakers warned of "new headwinds" for the eurozone following Britain`s vote to quit the EU, according to minutes of their July meeting released on Thursday.
Aug 18, 2016, 21:50 PM IST
World's oldest bank could become Europe's newest problem
With gross bad loans amounting to 46.9 billion euros ($52 billion), BMPS, is at the forefront of concerns about the fragile balance sheets of Italian banks, which are weighed down by 360 billion euros in bad debt.
Jul 06, 2016, 17:24 PM IST
Eurozone unemployment falls to near five-year low
Eurozone unemployment fell to a near five-year low in May, official data said on Friday, in a rare positive sign for a sluggish European economy struggling to return to solid growth.
Jul 01, 2016, 17:09 PM IST
ECB launches new round of ultra-cheap loans for banks
The European Central Bank on Wednesday launched a new round of ultra-cheap loans for banks in a fresh move to kick-start sluggish credit in the single currency area.
Jun 22, 2016, 20:50 PM IST
ECB pours cash into company bonds to boost eurozone
Having already slashed interest rates to below zero and pumped massive amounts of cash into financial markets, it started to directly finance businesses by buying their debt in the bond market.
Jun 08, 2016, 16:54 PM IST
