European Central Bank

ECB launches new 10-euro banknotes

The ECB is gradually phasing in new banknotes to replace those in circulation since the euro became a physical currency in January 2002.

Sep 23, 2014, 15:24 PM IST

Draghi says new ECB loans programme on track

European Central Bank chief Mario Draghi Monday dismissed market disappointment about demand from banks for a new lending programme launched last week, saying it had been within the expected range.

Sep 22, 2014, 23:03 PM IST

ECB says banks borrowed 82.6 bn euros in lending programme

The European Central Bank said on Thursday that it had leant 82.6 billion euros to 255 banks under its new lending programme aimed at boosting the economy via private-sector loans.

Sep 18, 2014, 16:05 PM IST

ECB lifeline depends of reform by governments: Analysts

The European Central Bank has charged to the rescue of the eurozone once again, but governments` foot-dragging on reform could undermine its efforts, analysts said on Friday.

Sep 05, 2014, 21:22 PM IST

Eurozone economy stagnates as ECB leaps in to action

The eurozone economy stagnated in the second quarter.

Sep 05, 2014, 17:37 PM IST

Eurozone economy stagnates in second quarter

The eurozone economy stagnated in the second quarter, official figures showed on Friday, in line with the poor outlook which pushed the European Central Bank into radical action on Thursday.

Sep 05, 2014, 15:21 PM IST

IMF welcomes ECB actions to fight deflation threat

The International Monetary Fund expressed strong support Thursday for the European Central Bank`s surprise actions to counter stalling growth and a threat of deflation in the eurozone.

Sep 04, 2014, 23:06 PM IST

ECB, Eurogroup presidents warn economic reform needs hard work

The leaders of the European Central Bank and the eurozone finance ministers` group told governments on Thursday the only way to get their economies growing was to make them more competitive.

Sep 04, 2014, 23:05 PM IST

ECB cuts 2014, 2015 economic growth forecasts

The European Central Bank cut its forecasts for growth in the 18-country euro area this year and next, and also lowered its outlook for area-wide inflation, at a policy meeting on Thursday.

Sep 04, 2014, 22:53 PM IST

ECB cuts rates to ward off eurozone deflation threat

The European Central Bank cut interest rates to new record lows on Thursday, unexpectedly lowering borrowing costs to try to lift inflation from rock-bottom levels and support the stagnating eurozone economy.

Sep 04, 2014, 17:56 PM IST

Asian shares hit 7-year high on Ukraine, ECB hopes

Asian shares edged up to a seven-year high on Thursday on growing hopes of a ceasefire in Ukraine, while investors also warmed to the idea of more monetary easing from the European Central Bank in the near future.

Sep 04, 2014, 07:38 AM IST

ECB holds the stage, markets hold breath, with deflation in wings

The European Central Bank will be in the full spotlight of financial markets on Thursday when it meets to decide if and how to strike against deflation stalking the 18-member eurozone.

Sep 04, 2014, 07:15 AM IST

Wall Street ends mixed as Apple weighs on Nasdaq

US stocks ended mostly down on Wednesday, as a decline in Apple shares dragged the Nasdaq lower and investors held off on big bets before the European Central Bank`s upcoming policy meeting.

Sep 04, 2014, 06:33 AM IST

Eurozone manufacturing slows further in August

The data comes just ahead of the European Central Bank`s monthly policy meeting on Thursday

Sep 01, 2014, 23:25 PM IST

Investors' eyes pinned on ECB as Europe's health deteriorates

The European Central Bank meeting on Thursday is the prime event for markets seeking clarity on the bank's response to a stalled recovery, disappearing inflation and the sluggish pace of reform in the euro zone.

Aug 31, 2014, 17:25 PM IST

Eurozone inflation falls to 0.3%, as deflation knocks

Eurozone inflation fell to 0.3 percent in August, raising the dangers of deflation and also pressure on the European Central Bank to open up the cash floodgates, data showed on Friday.

Aug 29, 2014, 18:14 PM IST

Europe fears deflation as Ukraine stays centre-stage

The euro zone`s growing fears of deflation will be stirred again on Friday when preliminary consumer price data for August is issued, with signs the European Central Bank could be looking at bolder steps to help the region`s stagnant economy.

Aug 24, 2014, 15:54 PM IST

France's economy minister slams German austerity measures

French Economy Minister Arnaud Montebourg on Saturday criticised German austerity measures and warned France would no longer "be pushed around" by the EU`s economic powerhouse.

Aug 23, 2014, 17:57 PM IST

Eurozone economy holds onto timid recovery: Survey

A timid economic recovery in the eurozone is still holding, a closely-watched survey showed on Thursday, but at a pace that promises only negligible growth for the year.

Aug 21, 2014, 21:49 PM IST

Eurozone economy still in timid recovery

The jobless rate in the 18-nation eurozone stands at 11.5 percent.

Aug 21, 2014, 15:44 PM IST