Annual inflation fell slightly in the 16-nation eurozone to 0.9 percent in February, the first drop since last summer, official figures confirmed Tuesday. The small drop from the 1.0 percent inflation rate recorded by the EU's Eurostat data agency in January was ...
The European Central Bank will consider a proposed emergency fund for eurozone economies in distress, ECB chief Jean-Claude Trichet said on Wednesday. "We don't reject the idea at this stage. We have to look at it and look at the details," Trichet ...
Leading central bankers believe economic growth is advancing on a "very positive" path, allowing them to unwind stimulus measures, European Central Bank chief Jean-Claude Trichet said after they met on Monday. "At the global level, the sentiment is that growth continues to ...
European Central Bank head Jean-Claude Trichet praised new Greek austerity measures Thursday but gave short shrift to a possible bid for IMF help that Athens said it had to consider. "We appreciate enormously what has been decided because we judge it appropriate, ...
The European Central Bank held its key interest rate steady at 1.0 percent on Thursday while markets focused on pending changes to the bank's special loan policies and the Greek debt crisis. The ECB's benchmark lending rate is tipped to remain at ...
FRANKFURT (Reuters) - The European Central Bank took a small step toward unwinding its extraordinary support for the euro zone economy Thursday, but it forecast a fragile recovery and left much of its cash buffer for banks in place. The ECB said ...
European Central Bank leaves key rate at 1 pct; BoE also stays unchanged The European Central Bank left its benchmark interest rate unchanged at 1 percent Thursday and confirmed that it will continue to scale back special lending measures it introduced during ...
FILE - In this Sept. 2, 2009 file picture the Euro sculpture is see in front of the European Central Bank ECB in Frankfurt, central Germany. The European Central Bank has left its benchmark interest rate unchanged at 1 percent as markets ...
Greek Prime Minister George Papandreou confronted more anti-austerity protests Thursday and tested international support for his battle against debt with a new multi-billion-euro bond. Three hundred communist union members invaded the finance ministry ahead of another major rally in Athens against the ...
The Bank of England is set to keep its key lending rate at a record low 0.50 percent when it meets on Thursday despite Britain emerging from a record recession stronger than expected, analysts said. The BoE is also unlikely to revisit ...
