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European Central Bank

A collection of news and information related to European Central Bank published by this site and its partners.

Top European Central Bank Articles

Displaying items 12-22
  • Navigating the shift to a stingier Fed

    Navigating the shift to a stingier Fed
    After four years of providing trillions of dollars in cheap money to prop up the U.S. financial system and economy, the Federal Reserve has signaled that its generosity won't last forever. On the face of it, that ought to be good news: It means the...
  • European Central Bank chief sees 'very gradual' Eurozone recovery

    European Central Bank chief sees 'very gradual' Eurozone recovery
    WASHINGTON -- The Eurozone, stuck in its longest-ever recession, is headed for a "very gradual recovery" later this year driven by stimulative monetary policy and increased demand for exports, the head of the European Central Bank said Monday. Central...
  • Eurozone unemployment rate hits record 12.2%

    Eurozone unemployment rate hits record 12.2%
    WASHINGTON — The unemployment rate in the Eurozone hit a record 12.2% last month as the region continues to battle a lengthy recession triggered by austerity measures and debt problems in some key nations. Joblessness has soared over the past...
  • Europe could drop interest rate below zero on excess bank deposits

    Europe could drop interest rate below zero on excess bank deposits
    WASHINGTON -- The European Central Bank could reduce the interest rate it pays on excess bank deposits to below zero to boost growth in the recession-plagued region, a top official said. The comments over the weekend by Italian Central Bank chief...
  • Eurozone economy shrinks in first quarter, marking longest recession

    Eurozone economy shrinks in first quarter, marking longest recession
    WASHINGTON -- The Eurozone economy contracted 0.2% in the first three months of the year compared with the previous quarter, marking the region's longest recession since its single currency was created in 1999. The 17-nation Eurozone now has been in...
  • Eurozone's unemployment climbs to 12.1%, a fresh record high

    Eurozone's unemployment climbs to 12.1%, a fresh record high
    WASHINGTON -- The Eurozone's unemployment rate hit a record high of 12.1% in March as the region continued to struggle with recession, government officials said Tuesday. The seasonally adjusted jobless rate for the 17-nation group topped the previous...
  • European Central Bank cuts key interest rate to fight recession

    European Central Bank cuts key interest rate to fight recession
    WASHINGTON -- The European Central Bank on Thursday lowered its key interest rate to a record low level in an effort to spur economic growth in the recession-plagued Eurozone. The central bank's policymakers lowered its main refinancing rate by 0.25...
  • European Central Bank to buy bonds of several troubled nations

     
    The European Central Bank announced Thursday that it would buy the bonds of financially flailing countries such as Spain and Italy in unlimited quantities if necessary to keep their borrowing costs down, in an unprecedented move to keep a lid on the...
  • Sweden tops, Yemen last in getting most out of Internet, study says

     
    Worldwide, Sweden gets the most out of using the Internet, according to a new study from a foundation that seeks to expand access to the Web....
  • Greek leader asks Germany for 'more room to breathe'

     
    Greek Prime Minister Antonis Samaras asked for more time from Berlin on Friday to implement the deep austerity measures required of it under the terms of its financial bailout. German Chancellor Angela Merkel insisted that Athens stick to its commitments....
  • Boat filled with Syrians, Iraqis sinks off Turkey; scores dead

     
    A fishing boat packed with Syrian and Iraqi refugees struck rocks and sank off the coast of western Turkey, drowning scores of people, Turkish media reported....