European Central Bank

Eurozone inflation unchanged at 0.2% in December

Eurozone inflation remained unchanged at a lower than expected 0.2 percent in December, official data said on Tuesday, adding pressure on the European Central Bank to ramp up its efforts to boost the economy in Europe.

Jan 05, 2016, 16:29 PM IST

ECB loans 18.3 bn euros to banks at ultra-cheap rates

The European Central Bank said Friday it lent around 18.3 billion euros ($20 billion) to 55 banks in a sixth round of special liquidity measures aimed at reflating the eurozone economy. 

Dec 11, 2015, 23:00 PM IST

ECB 'still has ammunition' to boost eurozone: Member

Financial markets may have been disappointed by the European Central Bank`s latest round of policy moves, but it still has other measures up its sleeve to boost recovery in the euro area, executive board member Yves Mersch said. 

Dec 10, 2015, 23:11 PM IST

IMF urges ECB to use all tools to support eurozone

The International Monetary Fund welcomed moves announced by the European Central Bank on Thursday to support the eurozone, and urged it to use its entire toolbox to spur growth. 

Dec 03, 2015, 22:58 PM IST

The ECB`s QE and negative interest rates: how they work

The European Central Bank on Thursday fired off a new volley of monetary policy shots aimed at pushing up chronically low inflation in the euro area. 

Dec 03, 2015, 22:51 PM IST

ECB rolls out more anti-deflation artillery

The European Central Bank stepped up efforts Thursday to kickstart chronically low inflation in the euro area, cutting a key interest rate and extending its controversial asset purchase programme, but financial markets reacted with disappointment. 

Dec 03, 2015, 22:31 PM IST

ECB cuts deposit rate to (-)0.3%, primes anti-deflation guns

The European Central Bank cut one of its interest rates and promised to unveil more policy measures on Thursday to fight stubbornly low inflation, testing the limits of monetary policy and hoping to bolster its credibility.

Dec 03, 2015, 19:00 PM IST

Eurozone unemployment falls to 10.7% in October, lowest in four years

The European Union`s Eurostat agency said unemployment in the 19-country single currency bloc fell to 10.7 percent in October from 10.8 percent in September, reaching the lowest level since January 2012.

Dec 01, 2015, 22:51 PM IST

US Federal Reserve to weigh ECB's stimulus push as it readies rates message

ECB President Mario Draghi caused the dollar to jump against the euro on Thursday when he said the ECB was studying new ways to fight off deflation and spur growth that may be announced as soon as December. 

Oct 25, 2015, 23:53 PM IST

Hopes of Eurozone, Chinese stimulus strengthens Indian equities

A Eurozone stimulus package and lowered chances of a US rate hike, coupled with healthy quarterly results from India Inc., propelled the key bellwether indices of Indian equities to gain over 0.60 percent in the just-concluded weekly trade.

Oct 25, 2015, 10:25 AM IST

International creditors back in Athens to review reforms

Greece's international creditors held talks early Wednesday with Finance Minister Euclid Tsakalotos to review progress on reforms demanded from the debt-ridden government in exchange for bailout funds.

Oct 21, 2015, 21:57 PM IST

European banking supervision functioning well: Bundesbank

Europe's new single banking supervisory system, set up a year ago, is working well, the German central bank said Friday, while also pointing to areas where improvements could still be made.

Oct 02, 2015, 21:01 PM IST

EU unveils push for non-bank lending to end slump

The EU`s financial services chief unveiled a wide array of measures Wednesday to encourage non-bank lending across Europe in a bid to reboot slumping investment that is threatening economic growth.

Sep 30, 2015, 17:52 PM IST

Eurozone falls back into deflation

Eurozone inflation unexpectedly fell to negative 0.1 percent in September, data showed Wednesday, suggesting a dangerous spell of falling prices could be returning to Europe.

Sep 30, 2015, 17:18 PM IST

Eurozone loans to private sector increase slightly: ECB

Growth of loans to the private sector in the euro area, a gauge of economic health, is picking up speed, albeit very slowly, European Central Bank data showed on Friday. 

Sep 25, 2015, 14:16 PM IST

ECB's Draghi says too early to decide on further stimulus

Risks to Europe`s inflation and growth outlook have increased due to the emerging market slowdown but the European Central Bank needs more time before deciding on further stimulus, ECB President Mario Draghi said on Wednesday.

Sep 23, 2015, 22:38 PM IST

Eurozone growth slows in September

Growth in the eurozone economy slowed in September but despite the monthly dip, it still expanded at the fastest quarterly rate in four years, a key business survey showed Wednesday.

Sep 23, 2015, 15:10 PM IST

Eurozone inflation revised lower to in August

Inflation in the 19-country eurozone fell to 0.1 percent in August, revised data showed Wednesday, in a sign that a dangerous spell of falling prices could be returning to Europe.

Sep 16, 2015, 16:33 PM IST

Asian shares tread water as Fed meeting looms

MSCI`s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, after Wall Street logged losses, with U.S. trading volume at its lowest in a month as markets awaited the Fed outcome.

Sep 15, 2015, 08:32 AM IST

Asian shares edge up, brush off soft China data

US stock futures rose 0.4 percent from late US levels in early Asian trade while Japan`s Nikkei rose 0.4 percent. MSCI`s broadest index of Asia-Pacific shares outside Japan gained 0.3 percent.

Sep 14, 2015, 09:34 AM IST