Euro Area’s Four Biggest Economies Are All Growing

Mario Draghi could be forgiven for lingering a little longer on the sun lounger this August. For the first summer since he took office as president of the European Central Bank, the region’s four biggest economies are posting growth, spurred by a weaker euro and lower oil prices that are boosting consumer spending.

Greece's vote edges it towards euro exit, but the odyssey is far from over

Greece’s membership of the euro hangs by a gossamer thread after the victory for the no side in the country’s referendum. The cash machines are running out of money and the economy is in freefall.

Greek banks see deposit outflow of $449 million on Monday: bankers

ATHENS (Reuters) - Greek banks saw deposit outflows of about 400 million euros ($449 million) on Monday as the pace of withdrawals picked up from last week after talks with the country's creditors over an aid-for reforms deal broke down on Sunday, bankers said.

German Bonds’ Turbulent Week Ends With Rally as Rout Seen Over

Germany’s government bonds rose for the first time in three days, ending a turbulent week in which European Central Bank officials reiterated their commitment to a debt-purchase program amid signs of an uneven economic recovery.

Greece may ask Europe to buy bonds to pay for redemptions - paper

ATHENS (Reuters) - Greece is considering asking the European Stability Mechanism (ESM) to buy Greek government bonds held by the European Central Bank (ECB) to pay for debt redemptions this summer, newspaper Kathimerini reported on Thursday.

ECB quantitative easing would not solve Greek liquidity problems: Greek finmin

ATHENS (Reuters) - Any European Central Bank quantitative easing program would help Greece's economy but would not be enough to solve its liquidity problems, Greek Finance Minister Gikas Hardouvelis said on Tuesday.

Draghi Says ECB Measures May Entail Buying Government Bonds

European Central Bank President Mario Draghi explicitly cited government-bond buying as a policy tool officials could use to stimulate the economy if the outlook worsens.

Stagnating euro zone seeks German shift

BRUSSELS (Reuters) - France and Italy sought on Friday to bridge stark differences with Germany over how to avert economic stagnation and deflation, but Chancellor Angela Merkel warned her peers against repeating the euro zone's debt crisis.

Draghi says ECB ready to adjust policy if inflation drops further

(Reuters) - The European Central Bank is prepared to respond with all its "available" tools should inflation in the euro zone drop further, ECB President Mario Draghi said on Friday in remarks that opened the door to possible policy action in September.

German Bonds in Longest Winning Run Since 2012 on Haven Demand

German 10-year government bonds rose for a fifth week, the longest run since the height of the euro-region’s debt crisis, as geopolitical tensions prompted a surge in demand for the safest fixed-income securities.

Falling prices on radar as euro inflation drops again

(Reuters) - Annual inflation in the euro zone fell in July to its lowest since the height of the financial crisis in 2009, keeping the risk of deflation on policymakers' radar but unlikely to spur the European Central Bank into further policy action.

Signs of turnaround in international use of euro: ECB

Frankfurt (AFP) - The eurozone attracted more foreign investment in 2013 than in 2012, but the euro's share of foreign exchange reserves and its role in international financing declined slightly, the European Central Bank said on Wednesday.

ECB’s Draghi calls for rules on economic reforms

European Central Bank President Mario Draghi on Wednesday called for a new set of rules for euro-zone members that would apply to economic reforms and be analogous to the standards that govern borrowing by governments.

Euro-Area Inflation Steady at 0.5% Shows Draghi Challenge

The euro-area inflation rate held steady in June at less than half the European Central Bank’s target, underscoring the challenge faced by Mario Draghi as he tries to stoke prices and ignite growth.

Funds keep faith with euro money markets as rates dwindle

LONDON (Reuters) - The European Central Bank's decision to cut its deposit rate below zero is unlikely to cause a stampede out of euro zone money market funds, with some investors expecting yields to stay positive in the near term.

ECB policymakers say can do more if needed

(Reuters) - European Central Bank policymakers stressed on Tuesday that they could still do more to support the euro zone economy after last week announcing a package of measures to ward off the threat of deflation.

Euro-Zone Retail Sales Rose in April

Retail sales across the 18 countries that share the euro rose for the fourth straight month in April, and at the fastest year-to-year pace since early 2007.

Euro-Zone Business Activity Slows

Business activity in the euro zone slowed more sharply in May than first estimated, a sign that weak prices are undermining the area's recovery from its debt crisis.

Draghi Gets Ready to Go Negative as Inflation Sinks

Mario Draghi is preparing to lead the European Central Bank into the unknown. From negative interest rates to conditional liquidity for banks, the ECB president and his fellow policy makers have signaled all options are up for discussion when they meet on June 5.

Asian shares at one-year high, bonds fly high on ECB hopes

(Reuters) - Global shares flirted with an all-time peak on Thursday while the euro touched its weakest in more than two months on bets the European Central Bank would unveil new stimulus measures next week.