Euro steady after ECB and Greek debt meetings
The euro held its gains on Thursday, bolstered by the European Central Bank`s upbeat inflation forecasts and hopes for a last-minute Greek bailout deal.
Jun 04, 2015, 13:11 PM IST
US stocks rise on data, dovish ECB meeting
Wall Street stocks rose Wednesday following a wave of mostly solid US data and a fresh confirmation of ultra-easy money policies by the European Central Bank.
Jun 04, 2015, 02:06 AM IST
ECB sees growth faltering as it presses on with QE
Europe has lost some growth momentum and bond market volatility is here to stay, the European Central Bank said on Wednesday, pledging to see through its money printing scheme until its job of lifting the economy is done.
Jun 03, 2015, 23:16 PM IST
ECB says no talk of exiting bond purchase programme yet
European Central Bank president Mario Draghi said Wednesday that the ECB is a "long way" from considering phasing out its controversial bond purchase programme any time soon.
Jun 03, 2015, 22:49 PM IST
ECB holds rates steady as Greece debt deadline looms
The European Central Bank held its key interest rates steady, as expected, on Wednesday, but investors were listening for what ECB chief Mario Draghi had to say about Greece.
Jun 03, 2015, 20:50 PM IST
Creditors agree to proposal for Greece to unblock aid
Eurogroup President Jeroen Dijsselbloem said on Tuesday in an interview with RTL television channel that even if an agreement was reached this week, an immediate disbursement was technically impossible.
Jun 03, 2015, 15:02 PM IST
ECB to take cautious tone on economy at policy meeting: Analysts
The European Central Bank, convinced that its controversial bond purchase programme is working, will nevertheless remain cautious about the outlook for growth in the euro area at its meeting on Wednesday, analysts said.
Jun 03, 2015, 09:57 AM IST
Greece's creditors draft deal to unlock aid, Athens resists
Greece`s creditors drafted the broad lines of an agreement on Tuesday to put to the leftist government in Athens in a bid to conclude four months of acrimonious negotiations and release aid before the cash-strapped country runs out of money.
Jun 03, 2015, 01:56 AM IST
Asian markets mostly down, Tokyo rally ends after 12 days
Asian markets mostly fell Tuesday, with Tokyo declining after a 12-day rally, while in Europe Greece`s creditors held impromptu talks aimed at resolving the country`s months-long debt crisis.
Jun 02, 2015, 14:43 PM IST
IMF, ECB chiefs unexpectedly join Greece debt talks
The heads of the IMF and European Central Bank unexpectedly joined talks on Greece`s debt crisis Monday as the cash-strapped country battles with its creditors to unlock desperately-needed bailout funds.
Jun 02, 2015, 09:11 AM IST
Greece mixes messages on expectations for deal
With fears that a payment default could trigger a chain of events that could result in a messy exit from the euro, Greek officials have in recent days signalled they are hopeful a deal could be reached by Sunday, although its creditors are more sceptical.
May 29, 2015, 17:41 PM IST
Weak growth, Greece pose risk to financial stability: ECB
The European Central Bank said Thursday that financial stability has increased recently in the euro area, but warned that weak growth in the region and the Greek crisis could pose risks in the future.
May 28, 2015, 17:39 PM IST
ECB might ease Greek restrictions if aid deal likely: Source
The European Central Bank might ease restrictions on how much short-term Greek government debt the country`s banks can hold if becomes clear the euro zone will disburse long-awaited aid to Athens, a banking source said on Wednesday.
May 28, 2015, 09:15 AM IST
ECB holds Greek emergency funds steady as withdrawals slow
The European Central Bank on Wednesday left the amount of emergency funds available to Greek banks unchanged at 80.2 billion euros amid signs of slowing depositor withdrawals, a Greek banking source said.
May 27, 2015, 23:57 PM IST
ECB holds Greek emergency funds steady as withdrawals slow
The European Central Bank on Wednesday left the amount of emergency funds available to Greek banks unchanged at 80.2 billion euros amid signs of slowing depositor withdrawals, a Greek banking source said.
May 27, 2015, 19:33 PM IST
Europe woes and US rate hike prospects depress stocks, boost dollar
Taking a lead from Wall Street`s slide, MSCI`s broadest index of Asia-Pacific shares outside Japan fell 0.3 percent with Australian and South Korean shares suffering losses. Tokyo`s Nikkei shed 0.3 percent.
May 27, 2015, 08:27 AM IST
Greece talks need to `speed up`: EU commissioner
"There is no plan B. There is a plan for a solid Greece remaining in the eurozone."
May 26, 2015, 17:49 PM IST
Asian shares slip, dollar stands tall
European shares marked a weak finish in thin trade on Monday, with many markets in the region closed for holidays. U.S. markets were also closed for Memorial Day.
May 26, 2015, 08:19 AM IST
ECB chief says economic and monetary union delays 'dangerous'
European Central Bank President Mario Draghi called on eurozone members Saturday to summon the political courage and discipline to speed economic and monetary union, warning further "delay could be dangerous."
May 23, 2015, 23:46 PM IST
ECB's Draghi lobs ball back to governments on reforms
The economic skies above Europe are clearing after the long years of crisis and it is imperative that governments take advantage of this to get their economies in order, European Central Bank president Mario Draghi said on Friday.
May 22, 2015, 18:19 PM IST
