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 22, 2014

G20 worried about the 'stumbling block' of Europe's slow growth

The G20 group of leading nations have said they are tantalisingly close to adding an extra $2tn (£1.2tn) to the global economy and creating millions of new jobs, but Europe's extended stagnation remains a major stumbling block.

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 20, 2014

France dodges rating downgrade - for now

(Reuters) - Moody's spared France a fresh downgrade of its debt rating on Friday even though Paris has overrun its deficit targets, warning the outlook was negative in light of difficulties pushing through reforms.

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.