European Central Bank

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• Cyprus to Compensate Russian Depositors With Bank of Cyprus Equity

  than €100,000 in the country’s two biggest banks, in return for the much-needed bailout from the European Union, the European Central Bank and the International Monetary Fund. Before the trimmings, Russians had about $19 billion in deposits in Cyprus mainly 27 m ago from RIA Novosti Read more »

• IMF-Europe troika say to pause policy discussions on Greece

  June 19 (Reuters) - The International Monetary Fund, European Central Bank and European Commission said on Wednesday that they would pause policy discussions on Greece's bailout after making "important progress". "To allow completion of technical work, policy 50 m ago from Reuters Mobile Read more »

• Cameron is right over EU restructuring, says German economist

  private agents for buying real estate in other countries. “That bubble burst when the American crisis swept over. Then the European Central Bank (ECB) stepped in with the printing press to help fund them while the private capital which they had borrowed abroad 7:53 AM from Wales Online Read more »

• IMF gives Spain a thumbs up, warns of risks

  job creation. The European Union should also do its part by moving faster on building a banking union and the European Central Bank should take more measures to help reducing the high borrowing costs faced by Spain's private sector while keeping open the option 5:33 AM from Reuters Mobile Read more »

• Back to banking union

  forming a banking union – the last major initiative needed to draw a line under the euro zone debt crisis. With the European Central Bank effectively underwriting the bloc’s governments with its bond-buying pledge, a cross-border mechanism to recapitalise 3:01 AM from Reuters Blogs Read more »

• 4 Global FX Events Lost in the Shuffle

  improved, as evidenced by the expectations component of the German ZEW, which rose to 38.5 from 36.4. With the European Central Bank (ECB) taking additional steps to stimulate the economy, this data indicates that investors are looking for a stronger recovery. 12:24 AM from DailyFX Read more »

• The Urgent Need to Recapitalize Europe

  have substantial hidden losses on their books. In a recent speech Klaas Knot (2013), Dutch central bank president and European Central Bank governing council member, noted that restoration of banks’ balance sheets is a crucial requirement for economic recovery. 12:05 AM from Pragmatic Capitalism Read more »

• Cyprus Asks Creditors to Help Biggest Bank

  Eurogroup is made up of euro-zone finance ministers, while the so-called troika refers to European Commission, the European Central Bank and the International Monetary Fund.A European Commission official in Brussels confirmed receipt of the letter but declined 6/18/13 from Wall Street Journal Read more »

• Troika team pauses Greek inspection, talks to finish end-June

  continued funding under the bailout. The talks between Athens and the European Union, International Monetary Fund, European Central Bank are expected to be wrapped up by the end of June or early July, Finance Ministry officials said. "We have made a lot of 6/18/13 from Reuters Mobile Read more »

• The question before the court

  July Mario Draghi, president of the European Central Bank, spoke of the ECB's intent to do "whatever it takes" to hold the euro area together. In the months after his comment, the ECB unveiled its Outright Monetary Transactions programme, in which it pledged 6/18/13 from Economist Read more »

• Hedge funds brace for renewed debt crisis

  in peripheral countries such as Italy and Spain that had been facing rising borrowing costs, rallied sharply after European Central Bank head Mario Draghi's pledge last July to do "whatever it takes" to protect the euro zone from collapse. However, Velimukhametova 6/18/13 from Reuters Mobile Read more »

• Why Greece’s public TV fight matters

  new low in Athens's EU-mandated war on public services. The shock decision came as "troika" officials from the EU, European Central Bank and International Monetary Fund were visiting Greek PM Antonis Samaras. Communist Party of Greece (KKE) MEP George Toussas 6/18/13 from Morning Star Online Read more »

• ECB balance sheet expands as banks tap it for funding

  The balance sheet of the European Central Bank and the euro zone's 17 national central banks expanded by 4.084 billion euros ($5.45 billion) to 2.551 trillion in the week ending June 14 as banks took more funds in the ECB's main refinancing operation. Last   from Economic Times Read more »

• Obama, G-8 leaders cite ‘weak’ economic prospects

  the new government of Japanese Prime Minister Shinzo Abe have promoted stimulus policies to spur economy growth, while the European Central Bank has also taken steps to increase the money supply as a jolt to the sluggish euro-zone economy. The tacit endorsement   from The Washington Post Read more »

• European Car Sales Fall to 20-Year Low Amid Unemployment

  currency was introduced in 1999, deepened in the first three months of the year as investment and exports plunged. The European Central Bank sees the currency bloc's economy shrinking 0.6 percent this year. Four of Europe's five biggest automotive markets   from Mortgage Lender Implode-o-meter Read more »

• Euro zone single supervision launch may face delay

  by three months from July to September 2014 due to scheduling problems. Euro zone leaders agreed a year ago that the European Central Bank would take over the supervision of banks in the 17 countries sharing the euro to better deal with large, cross-border   from Economic Times Read more »

• TSX may open lower, commodities drag

  policy meeting which could give investors hints on the future of its monetary easing program. TOP STORIES * The European Central Bank is "ready to act" if need be to aid the euro zone economy and recent signs of market stabilization mean that its interest   from Yahoo News: Business Read more »

• NO WAY OUT

  between Democrats and Republicans to produce a grand bargain on long-term spending, entitlements and taxes continues. The European Central Bank has so far convinced jittery investors that it will do whatever it takes to buttress the single currency and the   from The Burning Platform  Read more »

• What’s Next After Blockupy Frankfurt? Mobilizing Against Austerity in the European Union

  of the 99 per cent against the 1 per cent of Europe. Next year, Frankfurt will witness the grand opening of the European Central Bank’s new building. The German and European left is already planning major protests for the same day, involving a large European   from Global Research Read more »

• EURO GOVT-Fed stimulus concerns weigh on German Bunds

  for a 10-20 basis points widening in the yield spread between 10-year German and U.S. debt in the next three months. European Central Bank President Mario Draghi reiterated on Tuesday the bank was "ready to act" if needed to aid the euro zone economy. The   from CNBC Read more »

• G8 urges Europe to move on bank reform

  are seeking to design a scheme to close troubled banks to complement a new system of cross-border supervision led by the European Central Bank from next year. Germany, the euro zone's largest economy, has long worried that it could face potentially unlimited   from Independent Online (South Africa) Read more »

• ECB Prepared To Use Interest Rates, Non-standard Measures

  European Central Bank will not hesitate to use interest rates and non-standard measures to help repair the euro-zone economy, ECB President Mario Draghi said on Tuesday. "There are numerous other measures--standard interest rate policy and non-standard measures--that   from Wall Street Journal Read more »

• European Cars: 20 Year Low for May

  review your submission to make sure you are comfortable with your entry. Your comments have not been posted yet. The European Central Bank is "ready to act" if need be to aid the euro zone economy. British consumer price inflation rebounded by more than expected   from CNBC Read more »

• Draghi: Monetary expansion is far from over

  European economy is in the throes of a slowdown," President of the European Central Bank (ECB) Mario Draghi said today at the farewell conference in Jerusalem for Bank of Israel Governor Prof. Stanley Fischer. " Draghi stressed that the ECB is "far" from halting   from Globes Online Read more »

• Key Euribor rates unchanged as ECB mulls policy options

  June 18 (Reuters) - Euribor bank-to-bank lending rates were unchanged on Tuesday as the European Central Bank mulls its options on lending further support to the euro zone economy if needed. The ECB left its main refinancing rate unchanged at 0.5 percent on   from Reuters Read more »