Showing posts with label European Central Bank. Show all posts
Showing posts with label European Central Bank. Show all posts

August 16, 2015

Euro Borrowing Costs Fall to Five-Month Low Versus Dollar Bonds

The cost of borrowing in euros has dropped to the lowest since March versus the dollar as issuance in Europe trails the U.S. and the Federal Reserve moves toward raising interest rates.

August 15, 2015

Europe Reaches Agreement on New Rescue Package for Greece

European governments agreed on a third aid deal for Greece, signaling a determination to keep the country in the euro and setting aside doubts about its ability to repay its debts.

August 03, 2015

Hungary End-to-Easing Pledge Helps Forint Dodge Currency Rout

Hungary’s forint gained, extending the biggest monthly advance in emerging markets, after the central bank pledged to end a cycle of interest-rate cuts.

July 22, 2015

ECB Welcomes Greek Bank Resolution Bill With Legal Qualms

The European Central Bank welcomed Greece’s draft legislation to bring its bank-resolution rules into line with European Union law, while warning some provisions could harm the independence of the local monetary authority.

July 14, 2015

European Central Bank, Potential Rescuer, Remains Wary

Among its many proposed measures, the eurozone’s agreement on Greece calls for an overhaul of the country’s rickety banking system.

July 03, 2015

Euro zone inflationary pressures at four-year high - ECRI

LONDON (Reuters) - Euro zone inflationary pressures are at a four-year high, suggesting the European Central Bank's trillion-euro bond-buying programme is working, an indicator designed to predict cyclical trends showed on Thursday.

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.

June 12, 2015

European Stocks Little Changed After Rebound From Six-Day Drop

European stocks were little changed, after posting their biggest jump in a month, amid ongoing negotiations over Greece’s financial aid.

May 28, 2015

ECB Keeps Europe’s Bond Traders Guessing on Frontloading Policy

The European Central Bank’s fine-tuning of its bond-buying program is starting to unsettle traders in the region’s debt markets.

May 15, 2015

Euro, Clawing Its Way Back, Hits 3-Month High

PARIS — As recently as March, the dollar was looking so strong against the euro that the only question seemed to be how soon the eurozone currency would sink to parity.

May 12, 2015

Greece says deal will be 'difficult' at Eurogroup meeting

Finance Minister Yanis Varoufakis acknowledged that a deal to ease Greece's cash crunch was not likely at a meeting of euro zone finance ministers later on Monday despite progress in talks with lenders on some issues.

May 08, 2015

Economic Growth in Eurozone Appears to Be Gaining Momentum

PARIS — It may not be at escape velocity yet, but the European economy is definitely picking up steam, an official forecast showed on Tuesday, as low oil prices, favorable foreign-exchange rates and central bank stimulus added momentum to a modest recovery.

April 30, 2015

German inflation creeps higher in April: data

Frankfurt (AFP) - Inflation in Germany, Europe's biggest economy, crept higher in April with consumer prices rising by 0.4 percent year-on-year, preliminary data showed on Wednesday.

April 25, 2015

Eurozone Economy Grows for 22nd Straight Month, Report Shows

PARIS — The eurozone economy expanded for a 22nd consecutive month in April, a private sector report showed on Thursday, but the modest pace of growth disappointed some analysts looking for more vigor resulting from the European Central Bank’s bond-buying program.

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.

April 11, 2015

Germany is imperiling the world economy by refusing to accept free money

The German government should go spend a bunch of money on something. Ideally a critically useful infrastructure project, given the country's large apparent needs on that front — but failing that, even a pretty blah project would be good.

April 05, 2015

Irish Central Banker Absolves the Euro of Blame

Currency regimes matter less to the success or failure of economies than the quality of the policies pursued by governments and central banks, the governor of Ireland’s central bank said Tuesday.

February 20, 2015

Greece requests euro zone loan extension, offers big concessions

Greece formally requested a six-month extension to its euro zone loan agreement on Thursday as it races to avoid running out of cash within weeks and overcome resistance from skeptical partners led by Germany.

December 01, 2014

EU insurance watchdog to unveil stress test results

FRANKFURT (Reuters) - Europe's top insurance regulator EIOPA will announce details on Monday of its latest check on how prepared the insurance sector is to withstand shocks like the recent financial market crisis.

November 24, 2014

Euro zone business output fails to meet forecasts

Private-sector output in the euro zone failed to live up to expectations for November, fueling concerns that the region's economic recovery is faltering.