European Central Bank

Euro central banks lent 110 bn euros to Greek banks: Report

European central banks have lent 110 billion euros to Greek banks, the head of France`s monetary authority said in comments published Monday, warning that any move by Athens to leave the eurozone would be "traumatic."

Apr 20, 2015, 18:35 PM IST

Asian markets mostly down as Greece fears return

Hong Kong fell 0.25 percent, Shanghai lost 0.32 percent, Sydney shed 0.85 percent and Seoul was 0.21 percent lower. Tokyo was flat.

Apr 20, 2015, 08:56 AM IST

'More work needed now' by Greece for debt deal: Draghi

European Central Bank chief Mario Draghi said Saturday that Greece needs to do much more, and urgently so, on an acceptable plan to gain further EU financing.

Apr 19, 2015, 00:19 AM IST

Asian shares at fresh seven-year high, look past weak US data

MSCI`s broadest index of Asia-Pacific shares outside Japan slipped slightly after earlier touching its highest level since January 2008, but was still on track for a weekly gain over 1 percent. 

Apr 17, 2015, 09:28 AM IST

Eurozone yields sink to new lows, Greece in focus

Eurozone government borrowing costs slid to new lows on Thursday, a day after the European Central Bank pledged to fulfil its 1 trillion-euro bond-buying programme and as Greece`s financial predicament deteriorated sharply.

Apr 16, 2015, 18:21 PM IST

Europe shares rally on ECB; Wall St up on earnings

European shares hit a 14-year high and the euro fell on Wednesday after the European Central Bank affirmed its loose policy stance, while U.S. stocks rallied after several strong earnings reports.

Apr 15, 2015, 22:20 PM IST

ECB committed to full QE programme, sees stronger recovery

The European Central Bank has no plans to curb or curtail its money-printing programme although it expects euro zone economic recovery to broaden and strengthen.

Apr 15, 2015, 21:18 PM IST

European stocks rise as stimulus set to flow

European equities rebounded Wednesday as weak Chinese economic growth data stoked Beijing stimulus hopes while the ECB pledged to fully implement its stimulus measures.

Apr 15, 2015, 20:58 PM IST

ECB news conference interrupted after woman charges at Draghi

A news conference by European Central Bank president Mario Draghi in the bank`s headquarters was briefly interrupted Wednesday when a young woman charged at Draghi calling for an "end to the ECB dictatorship".

Apr 15, 2015, 20:57 PM IST

Central banks help European shares to a 14-year high

European shares hit a 14-year high and the euro fell on Wednesday after the European Central Bank affirmed its loose policy stance and as weak data from China raised prospects of monetary easing there too.

Apr 15, 2015, 18:19 PM IST

ECB holds rates steady as recovery set to gain pace

The European Central Bank held its key interest rates steady as expected at its policy meeting on Wednesday, as signs multiply that its monetary medicine is slowly beginning to work.

Apr 15, 2015, 18:10 PM IST

ECB to keep liquidity floodgates open as recovery gains pace

The European Central Bank (ECB) will be keen to stress Wednesday that it has no plans to roll back controversial policy measures, as signs multiply that its medicine is beginning to work, analysts said.

Apr 15, 2015, 08:39 AM IST

ECB meets bond buying target

The ECB launched its bond buying programme on March 9, joining the central banks of Britain, Japan and the United States in using so-called quantitative easing (QE) to boost their economies.

Apr 07, 2015, 23:53 PM IST

Greece says ready to make IMF payment on April 9

Greece is fast running out of cash and its euro zone and International Monetary Fund lenders have frozen bailout aid until the new leftist-led government reaches agreement on a package of reforms.

Apr 03, 2015, 22:02 PM IST

Asian shares mixed in quiet trade before US jobs

Wall Street provided a positive lead following another round of upbeat US indicators, although the dollar dipped against the yen.

Apr 03, 2015, 08:22 AM IST

Asian markets mostly slip, Shanghai up on China data

Tokyo tumbled 1.23 percent, Sydney eased 0.58 percent, Seoul lost 0.59 percent and Singapore fell 0.21 percent while Hong Kong rose 0.22 percent and Shanghai added 0.38 percent.

Apr 01, 2015, 08:10 AM IST

Greek reform list yet to take shape as talks with lenders continue

Greece will run out of money by April 20 if it does not secure funding from its European partners.

Mar 30, 2015, 09:36 AM IST

ECB's Draghi says money printing already helping recovery

"Monetary policy is reinforcing the cyclical recovery. I insist in saying `cyclical` because this recovery is not structural," he told a parliamentary committee hearing, in a reference to long-term problems such as unemployment.

Mar 26, 2015, 22:27 PM IST

ECB's Draghi calls for "quantum leap" in European integration

Describing the euro zone economy as "steadily recovering", European Central Bank President Mario Draghi called on Monday for a "quantum leap" in European integration so countries share more sovereignty.

Mar 17, 2015, 08:30 AM IST

ECB says buys 9.8 bn euros in bonds in 3 days

The ECB has bought 9.8 billion euros ($10.4 billion) in eurozone bonds in the first three days of its programme to ward off deflation and stimulate growth, a senior official said on Thursday.

Mar 12, 2015, 15:42 PM IST