Merkel says still `a lot to do` for Greek debt deal
The delay in reaching an agreement has led to concerns Athens is running critically short of cash and may soon end up defaulting, which could set off a messy exit from the euro.
May 22, 2015, 13:33 PM IST
ECB sees no need to start tapering QE, minutes show
The European Central Bank revealed Thursday that its governing council believes its contested bond purchase programme is working and there is no talk of scaling it back just yet.
May 21, 2015, 19:07 PM IST
Eurozone growth falters despite improved employment
The eurozone economy showed unexpected signs of fragility in May, a key survey said Thursday, in a blow to hopes of a swift recovery and despite a welcome increase in employment levels.
May 21, 2015, 15:00 PM IST
Doubts over Greece add to euro's ECB-driven frailty
The euro slid to a two-week low and a rally in European shares stalled on Wednesday after a Greek official said the country may not make an upcoming repayment to the International Monetary Fund.
May 20, 2015, 17:14 PM IST
ECB to ramp up bond purchases in May, June: Board member
The European Central Bank plans to temporarily ramp up its programme of bond purchases in May and June to take into account the usual summer lull on the financial markets, executive board member Benoit Coeure said Tuesday.
May 19, 2015, 17:52 PM IST
European stocks rally on ECB stimulus comments
Europe`s stock markets rallied Tuesday after ECB executive board member Benoit Coeure signalled that the central bank would temporarily ramp up its stimulus programme, dealers said.
May 19, 2015, 17:50 PM IST
Greece in final stretch of troubled loan talks
Greece on Monday entered the final stretch of tortuous talks with its international creditors on a bankruptcy-saving loan deal, with the government calling for a breakthrough by the end of the month.
May 19, 2015, 10:11 AM IST
Low interest rates make saving nearly mission impossible
While borrowers rejoice at the ultra low and even negative interest rates in Europe, savers fret and life insurance companies and pension funds face what is virtually a mission impossible.
May 17, 2015, 12:23 PM IST
ECB stimulus to stay `as long as needed`: Draghi
European Central Bank President Mario Draghi said Thursday that the bank`s massive stimulus for the eurozone will remain in force "as long as needed" to stabilize prices.
May 14, 2015, 23:31 PM IST
Euro ticks up despite Greek debt worries
There was relief at the start of the week when it emerged Athens had managed to pay 750 million euros due to the IMF.
May 13, 2015, 10:53 AM IST
Asian slides, euro at two-month peak as global bond rout rattles markets
MSCI`s broadest index of Asia-Pacific shares outside Japan fell 1.1 percent as China, Hong Kong, Australian, South Korean and Malaysian shares retreated.
May 07, 2015, 08:25 AM IST
Greece signals concessions in crunch talks with lenders
Greece wants an interim deal by next week, hoping this will allow the ECB to ease liquidity restrictions before a 750 million euro payment to the IMF falls due on May 12. Athens has suggested it will struggle to pay the instalment.
May 01, 2015, 15:37 PM IST
Asian stocks down after weak US data, Tokyo hit by strong yen
Tokyo tumbled 1.91 percent as the yen rose against the greenback, while Hong Kong lost 0.39 percent, Sydney fell 0.71 percent and Seoul was 0.52 percent lower. Shanghai was flat.
Apr 30, 2015, 08:26 AM IST
ECB raises Greek bank emergency funding by 1.4 billion euros
The European Central Bank on Wednesday raised the maximum emergency funding that Greek banks can obtain by 1.4 billion euros ($1.5 billion), a banking source said.
Apr 29, 2015, 18:28 PM IST
ECB policies working as loans to private sector grow again
Loans to the private sector in the euro area, a gauge of economic health, have started growing again, suggesting the European Central Bank`s monetary policy is beginning to work, ECB data showed Wednesday.
Apr 29, 2015, 18:23 PM IST
ECB charges eurozone banks 326 mn euros for supervision
The European Central Bank said Wednesday it will charge eurozone banks a total 326 million euros ($359 million) for the cost of supervising them over two years.
Apr 29, 2015, 17:54 PM IST
More central banks meet, but ability to pilot economies in doubt
Most central banks have been easing policy since the start of the year and are set to do more, but it still isn`t clear whether that new activism, which has pushed stock markets to record highs, will help the global economy much.
Apr 26, 2015, 19:13 PM IST
Eurozone business activity slows in April: Markit
Eurozone business activity slowed in April after hitting an 11-month high in March, hitting hopes that a massive European Central Bank stimulus programme would give the economy a quick boost, a key survey showed Thursday.
Apr 23, 2015, 14:09 PM IST
Eurozone recovery `is there` says ECB chief
Economic recovery has arrived in the 19 countries that share the euro, but it is up to governments to ensure it endures, European Central Bank executive board member Benoit Coeure said Thursday.
Apr 23, 2015, 12:06 PM IST
Recovery 'is there', politicians must make it work: ECB board member
Economic recovery has arrived in the 19 countries that share the euro, but it is up to governments to ensure it endures, European Central Bank executive board member Benoit Coeure said Thursday.
Apr 23, 2015, 12:02 PM IST
