Showing posts with label Mario Draghi. Show all posts
Showing posts with label Mario Draghi. Show all posts

August 11, 2015

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.

July 20, 2015

A Tightrope for Europe’s Central Bank Chief

Central bankers sometimes distinguish between peacetime, when economies are running relatively normally, and war, when there is a financial crisis.

June 18, 2015

Top European court throws weight behind ECB in fighting crises

LUXEMBOURG/FRANKFURT (Reuters) - The European Central Bank won crucial backing from Europe's top court on Tuesday for its pledge to do whatever it takes to save the euro, defeating a German group's challenge as bloc member Greece edges dangerously close to default.

April 21, 2015

Draghi Warning Unheeded as Euro’s Best Streak in a Year Stalls

European Central Bank President Mario Draghi is warning investors not to bet against the euro. They don’t seem to have gotten the message.

April 13, 2015

Buoyed by QE's solid start, ECB policymakers set to meet

The European Central Bank's decision makers meet Wednesday buoyed by the successful debut of a mass bond-buying spree designed to kickstart growth and will likely quash talk of it wrapping up early.

January 15, 2015

ECB's Mario Draghi says risk of deflation higher than a year ago: Report

Jan 14 (Reuters) - There is a higher risk of deflation in the euro zone now than a year ago, European Central Bank President Mario Draghi told German weekly Die Zeit in an interview.

November 25, 2014

Euro zone yields hit lows: Is ECB trumping reality?

It's hard to believe it's just a few years since countries like Ireland and Spain had to go cap-in-hand to international lenders - at least if you look at their bond yields.

November 23, 2014

Euro falls against the dollar after ECB expands asset purchases

NEW YORK (MarketWatch) — The euro extended its losses against the dollar Friday after the European Central Bank began purchasing asset-backed securities, expanding its quantitative easing regimen as inflation expectations for the eurozone continued to dim.

November 18, 2014

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.

November 11, 2014

Euro zone sentiment recovers slightly in November to -11.9

(Reuters) - Sentiment in the euro zone recovered slightly in November after three months of decline as investors took heart that a more dynamic global economy propped up by the United States and Japan could lift the currency bloc, a survey showed on Monday.

November 07, 2014

German Factory Orders Rise Less Than Forecast as Growth Stalls

German factory orders (GRIORTMM) climbed less than forecast in a sign the euro area’s largest economy may struggle to grow in the second half of the year.

October 25, 2014

Euro zone risks 'relapse into recession' without structural reforms: Draghi

BRUSSELS (Reuters) - The ECB's president warned divided euro zone leaders on Friday they risked "a relapse into recession" if they failed to press ahead with structural economic reforms, a message welcomed by German Chancellor Angela Merkel.

October 18, 2014

Borrowing costs jump for fragile euro zone states

LONDON (Reuters) - Borrowing costs for some of the euro zone's most highly indebted southern states shot higher on Thursday, as fears of slowing economic growth wounded confidence that the European Central Bank could avert another debt crisis in the bloc.

October 08, 2014

ECB's readiness to act again doesn't mean it should do so now: Weidmann

(Reuters) - The European Central Bank has moved toward a "quantitative easing philosophy" but should not automatically use its remaining policy tools right away, Governing Council member Jens Weidmann said.

October 05, 2014

German Bonds Advance a Third Week as Euro-Area Inflation Slows

German 10-year bonds climbed for a third week as a report showed inflation slowed to a five-year low in the euro area, boosting bets the European Central Bank will take more steps to revive the region’s economy.

September 28, 2014

ECB Willing to Weigh More Stimulus If Needed, Coene Says

The European Central Bank would be prepared to enact more stimulus measures if necessary to increase liquidity in the euro area, ECB Governing Council member Luc Coene said.

September 23, 2014

Draghi Says ECB Actively Managing Balance Sheet

The European Central Bank will actively manage its balance sheet and is willing to implement more stimulus if required to stave off the threat of deflation in the euro area, ECB President Mario Draghi said.

September 21, 2014

Banks repay loans to ECB after fresh offer of cheaper credit

FRANKFURT, Sept 19 (Reuters) - European Central Bank plans to bolster lending to business were dealt another setback on Friday after banks decided to repay billions of euros of cheap ECB credit, sapping money available to lend to business.

September 19, 2014

ECB's Praet warns against reading too much into low take-up of TLTROs

(Reuters) - European Central Bank Executive Board member Peter Praet warned on Thursday against reading too much into the low take-up of the first round of four-year ECB loans, stressing that they are part of a broader policy package.

September 15, 2014

Euro zone ministers upset by broken French budget promises

MILAN, Sept 12 (Reuters) - France faced harsh criticism on Friday for failing to meet a deadline to put its finances in order, as frustrated euro zone ministers struggled to keep alive their post-crisis strategy for the bloc's stagnating economy.