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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 34-44
  • EU leaders agree to token spending increase to promote growth

     
    European leaders meeting in Brussels agreed Thursday to spend about $149 billion on public projects and job creation, but so far have failed to act against the Eurozone's crushing debt problems. European Council President Herman Van Rompuy told...
  • Creditors arrive in Greece for crucial inspection

     
    With doubts flaring anew over whether Europe can solve its deepening debt and currency crisis, Greece’s international creditors arrived in Athens on Tuesday for a inspection that could determine if the near-bankrupt nation remains within the...
  • Kofi Annan to step down as special envoy to Syria

     
    Kofi Annan, the former United Nations secretary-general who has been the point man for a failing international peace plan for strife-torn Syria, is quitting as special envoy to Syria as of Aug. 31, news agencies said Thursday....
  • Spain's leader warns nation may not be able to borrow much longer

     
    Paying ever-higher rates to borrow money, Spain may not be able to finance itself much longer through debt, the country's prime minister warned Wednesday. It was the clearest indication yet that his country may need an even bigger rescue than a European...
  • Eurozone unemployment climbs to record high in May

     
    Unemployment in the 17-nation Eurozone climbed to another record high in May, reflecting deep public sector job cuts and a lack of employer confidence in the most indebted, recession-wracked countries that use the euro common currency....
  • International inspectors arrive in Athens for economic review

     
    ATHENS — After months of political paralysis, international debt inspectors returned to Athens on Thursday to assess how much progress — if any — cash-strapped Greece had made in grueling attempts to fix its faltering economy. Their...
  • EU summit produces surprise moves to bolster struggling euro

     
    European Union leaders surprised and impressed markets worldwide Friday by taking unexpectedly decisive action to boost confidence in the struggling euro common currency at a summit where little had been expected except impasse and discord....
  • Stock market heads higher for first time this week

    Stock market heads higher for first time this week
    Renewed speculation that the Federal Reserve will take action to stimulate the economy erased an early-morning loss and drove the stock market higher in midday trading Friday. Stocks turned around after the release of a letter in which Fed chairman Ben...
  • Think 8.2% unemployment is bad? It's a record 11.1% in Europe

    Think 8.2% unemployment is bad? It's a record 11.1% in Europe
    More than one inĀ 10 people in the euro zone is out of work, including nearly a quarter of Spaniards, pushing the currency bloc’s unemployment rate to a record high 11.1% in May. Austerity measures and weak demand caused by the region’s long-...
  • Employers' planned layoffs drop 39%, to 13-month low

    Employers' planned layoffs drop 39%, to 13-month low
    Employers in June planned to cut the fewest number of workers in more than a year as they try to wait out the upcoming election, according to a report Thursday from Challenger, Gray & Christmas Inc. The outplacement consultancy found that planned layoffs...
  • European Central Bank chief swears to 'preserve the euro,' Dow soars

    European Central Bank chief swears to 'preserve the euro,' Dow soars
    Mario Draghi, president of the European Central Bank, pledged Thursday that the institution “is ready to do whatever it takes to preserve the euro,” sending financial markets soaring around the world. The Dow jumped more than 250 points in...