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European Central Bank

ECB to leave monetary stimulus unchanged despite inflation pressures

The European Central Bank (ECB) is expected to hold interest rates at record lows and to leave its emergency monetary stimulus plan unchanged on...
European Union

ECB on hold as it ponders next move on pandemic fallout

The European Central Bank is expected on Thursday to leave its emergency monetary plan on hold as it lays the groundwork for reassessing the...
Growth was uneven across eurozone countries, with Germany "robust" and France losing ground ?

Eurozone current account surplus declines in January

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dpa-AFX/GNA - The euro area current account surplus declined in January, the European Central Bank said Monday. The current account logged a surplus of...
Sergio Mattarella

Italian president’s meeting with Draghi sparks mixed reactions

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dpa/GNA - Ahead of talks between Italian President Sergio Mattarella and former European Central Bank (ECB) chief Mario Draghi on Wednesday, the strongest...
European Union

ECB in wait-and-see mode as it weighs fallout from coronavirus crisis

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dpa/GNA - The European Central Bank is expected to leave its emergency stimulus plan on hold Thursday as it takes stock of the eurozone's...
European Central Bank

Dividends can return in 2021, but carefully and slowly, says ECB

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Eurozone banks should hold off on or minimize dividends through at least September 30 to make sure their finances stay strong, in case the...
Covid

Lagarde tipped to flag fresh stimulus as coronavirus crisis escalates

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European Central Bank (ECB) President Christine Lagarde is expected to signal Thursday the ECB stands ready to launch another round of stimulus this year...
banks

ECB publishes capital review results of individual banks for first time

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The European Central Bank (ECB) on Tuesday said it is publishing individual results of an annual review on European banks' capital levels for the...

European central bank retains low interest rates amid low inflation

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European Central Bank said Thursday it will maintain its historically low interest rate structure, including its main deposit rate of -0.5 percent, until it...
Growth was uneven across eurozone countries, with Germany "robust" and France losing ground ?

Eurozone lack of public investment limits economic growth

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A lack of public investment following the 2008 financial crisis has limited the economic growth of countries within the eurozone, according to a study...

Christine Lagarde’s ECB appointment would benefit markets: deVere CEO

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Christine Lagarde will be a good choice for financial markets as the President of the European Central Bank, affirms the CEO of one of...
Greek banks remain shut

ECB keeps base interest rate unchanged at 0 percent

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The governing council of European Central Bank (ECB) announced on Thursday its base interset rate will remain unchanged at 0.00 percent, despite that eurozone...
European Central Bank chief Mario Draghi

ECB keeps silent on monetary policy

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ECB President Mario Draghi said at a press conference here that the question of the extension of the Asset Purchase Programme -- also known...

Sept. 8 world news summary at 1530 GMT

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VIENTIANE -- The Association of Southeast Asian Nations (ASEAN) concluded its 28th and 29th Summits and related leaders' meeting here on Thursday, with pledges...
500 euro

500 euro notes to be taken out of circulation by European Central Bank

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The decision comes in the wake of a European Commission inquiry in February into the way the notes are used. Senior ECB officials said at...

622,200 Portuguese were unemployed in February

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Around 622,200 people were unemployed in February, according to the statement, 5,500 more people than that in January this year. Thousands of people have been...
European Central Bank chief Mario Draghi

ECB Currency Bloc Expected To Expand By 1.4 percent

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Inflation is projected to average 0.1 per cent this year - down from the 1 per cent the bank projected in December. Consumer prices should...
Greece

Greece reaches a final debt agreement with creditors

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Greece has clinched a final debt deal with international creditors at the end of marathon talks here early Tuesday, the government said. ...
Greece

No votes in Greece?s referendum draws Greece and Eurozone into strange waters

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The Greek people on Sunday gave an overwhelming "No" in the referendum on a rescue package from creditors, dramatically increasing the chance for the...

Many people object to austerity in central Lisbon

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Thousands of Communist Party supporters protested in central Lisbon on Saturday against the government's austerity policies. Protestors, mostly elderly people, held up flags as...
banking

CEO of Cyprus Bank quits on personal account

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Bank of Cyprus CEO John Hourican, an Irish banker who was called in to help the lender rise up from its ruins in 2013...

Germany’s DAX index made small gains

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The benchmark DAX index at the Frankfurt Stock Exchange on Thursday was little changed and lost only 23.37 points. ...

ECB to re-accept Greek government bonds as collateral as collateral

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The European Central Bank is ready to once again accept Greek government bonds as collateral for loans if the country proceeds with bailout-related reforms,...
European Union

Greece Begins Negotiations On Debt Restructuring

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Greece seeks to start immediately negotiations with international lenders on the Greek debt restructuring, Greek Finance Minister Yanis Varoufakis told local media in Athens...

Eurozone economy picked up in the last quarter of 2014

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The eurozone economy surprised to the upside in the last three months of 2014, posting quarter-on-quarter growth of 0.3 per cent, the European Union's...

German positive business outlook adds to Europe’s biggest economy

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German business confidence hit a six-month high in January, rising for the third consecutive month and adding to signs that Europe's biggest economy had...

European Central Bank announces stimulus package

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The euro came under renewed pressure Friday after the European Central Bank announced a massive 1-trillion-euro (1.12-trillion-dollar) stimulus package, hitting its lowest value against...

ECB To Revive Failing Economy

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The European Central Bank on Thursday launched its most aggressive effort to date to revive the region's ailing economy ? a program to buy...
European Union

EU to launch a massive bond-buying programme

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EU economies cannot improve unless they implement structural reforms, Northern and Central European leaders said Thursday ahead of an ECB decision on whether to...

No To ECB, No To Austerity-Protesters Chant

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Thousands of anti-austerity protesters took to the streets of Naples Thursday as the European Central Bank (ECB) convened in the city to discuss how...