31 min ago
Eurozone inflation in surprise fall to 0.7 percent
Pressure on the European Central Bank to do more to prevent prices from falling in the 18-country eurozone ratcheted up Monday after figures showed inflation across the region unexpectedly fell in February to its lowest level since October.
Trending on the Topix Network
4 hrs ago
At 0.7 per cent, eurozone inflation falls further below the European Central Bank's target
Inflation across the 18-country eurozone has been revised down to its lowest level since October, a development that may ratchet up the pressure on the European Central Bank to cut interest rates further.
Sat Mar 15, 2014
Members of Parliament who may be considering voting against the proposed bill outlining the likely deal between the coalition government and the countryA's partners and creditors A- the European Union, the European Central Bank and the International Monetary Fund A- ought to properly consider the effects that their decision could have.
Fri Mar 14, 2014
The Daily Star
The official history of the financial crisis hides another story
Honore de Balzac's great novel "Lost Illusions" ends with an exposition of the difference between "official history," which is "all lies," and "secret history" - that is, the real story.
Draghi Praises European Banks That Are Cleaning Up Their Books
The president of the European Central Bank said on Thursday that euro zone banks faced a period of "creative destruction" that would be healthy for the economy, and he praised the banks that were moving more aggressively to deal with their problems.
Wall Street Journal
Talk Looks Cheap for Pricey Euro
In July 2012, verbal intervention by the European Central Bank president-his now-famous pledge to do "whatever it takes"-proved enough to halt the euro-zone debt crisis in its tracks.
Spain banks' ECB borrowing falls for 18th month in February
Spanish banks borrowed 190.6 billion euros from the European Central Bank in February, down from 193.4 billion euros in January, according to Bank of Spain data on Friday, marking the eighteenth month of consecutive falls.
Thu Mar 13, 2014
FOREX-Euro hits fresh 2-1/2-year high, Antipodeans surge
The euro hit a fresh 2-1/2-year peak on Thursday amid underlying bullishness towards the single currency stemming from diminished expectations for easing by the European Central Bank.
Wed Mar 12, 2014
Draghi Hones ECB Rate Guidance With Economic Gauge to Watch
The European Central Bank has honed its forward guidance on interest rates by giving investors a new economic gauge to watch.
German finmin says interest rates too low for medium term
German Finance Minister Wolfgang Schaeuble said on Wednesday the level of interest rates was too low for the medium term and his financial plan assumed it would inch up progressively.
Irish yields hit record low as regular debt sales set to resume
Ireland's yields hit record lows on Wednesday a day before it returns to market with its first regular bond auction since exiting an international bailout in December.
Civil servants rally in central Athens
A rally organized by Greek civil servants umbrella union ADEDY on Wednesday saw doctors, school guards and teachers, local government staffers and other civil servants protesting against layoffs in the public sector in central Athens.
EU finance chiefs hold line on bank-crisis bill as ECB sees risk
European finance ministers made few concessions to break a deadlock on a bank-failure bill, as the European Central Bank warned that failure to enact it would hinder efforts to combat fragmentation of the financial sector.
Tue Mar 11, 2014
Cyprus Central Bank gets woman chief
Athens - Cyprus on Tuesday appointed its first ever woman to head the central bank, the presidential office said in a statement.
ECB to keep interest rates low as European economy revives, says central bank official
The European Central Bank will keep interest rates low as the economy picks up because the regionA's economic output is still below potential, according to Executive Board member Sabine Lautenschlaeger.
Mon Mar 10, 2014
EUR/USD flat on U.S. jobs report, soft Chinese trade data
Investing.com - The euro traded steady to lower against the dollar on Monday, as the greenback continued to see demand from Friday''s better-than-expected jobs report, while soft Chinese trade figures spurred safe-haven demand for the U.S. currency.
Europe inches closer to deal on bank resolution, more talks ahead
Euro zone governments edged closer on Monday towards a deal on how to wind down failing banks, but reached no conclusions and more negotiations will take place on Tuesday to address demands of the European Parliament.
Wall Street Journal
ECB Official Rejects Inflation Criticism
A top European Central Bank official dismissed criticism that the ECB is doing too little about the risks of low inflation, saying the central bank has tools including negative interest rates and asset purchases that it can deploy.
Wall Street Journal
ECB's Noyer Not Happy With Euro Strength
European Central Bank officials aren't happy with the recent strength of the euro, ECB Governing Council member Christian Noyer said Monday.
Eurozone banks' sovereign exposure hits new high
Banks in the eurozone are now more exposed to government debt than at any time since the financial crisis began, with many increasingly using their balance sheets to prop up ailing governments, deepening the bank-sovereign link that has already pushed a number of countries and lenders into bailouts.