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ECB weighs rate cut as eurozone economy struggles
Economists say the European Central Bank could cut interest rates as soon as Thursday because of fears that the euro area's economy isn't recovering ...
Markets steady despite growing ECB rate cut talk
European markets steadied Tuesday following a strong performance the previous session despite growing expectations of an interest rate reduction from ...
Eurozone inflation falls to 3-year low in April
Expectations are mounting that European Central Bank will cut interest rates this week after figures Tuesday showed inflation in the euro area at a ...
German inflation down, door open for ECB rate cut
The European Central Bank has a freer hand to cut its key interest rate now that official figures show German inflation dropped to an annual 1.
Oil inches up above $93 despite US growth letdown
Oil prices pushed back above $93 per barrel Monday as sentiment in financial markets was shored up by the formation of an Italian government and ...
ECB: lending to companies remains weak
The European Central Bank says bank lending to companies remains weak — another sign that the economy in the 17 countries that use the euro is still ...
Top ECB official cautions: rate cuts have costs
A top European Central Bank official warned Thursday that another interest rate cut might not be much help for eurozone countries in recession — ...
Oil rises to near $92 on central bank hopes
The price oil rose again on Thursday, a day after its biggest increase in five months, as glum economic data from the U.S. and Germany boosted ...
ECB: worth reconsidering 500 euro ($650) note
A top European Central Bank official says it is "worth discussing" whether the 17-nation currency zone should abolish its 500 euro ($650) note, which ...
Predictions of ECB rate cut grow as growth fades
Evidence that Europe's economic downturn is weighing more heavily on its strongest member, Germany, has convinced more and more experts that the ...
German business optimism falls more than expected
A key measure of German business optimism fell in April, suggesting Europe's biggest economy might not be rebounding as expected and likely putting ...
Official: Cyprus lawmakers to vote on bailout deal
Cyprus' parliament must vote on the 23 billion euro ($30 billion) bailout deal the country has agreed upon with international creditors, the Cypriot ...
ECB's Draghi urges speedy banking union
European Central Bank President Mario Draghi urged the 17 countries that use the euro to move swiftly toward completing a full banking union to ...
Financial hub Luxembourg under increased scrutiny
As the European Union's wealthiest country, Luxembourg could have been forgiven for thinking that it would never find itself on the bloc's financial ...
Draghi: ECB looking at new tools for growth
With the economy shrinking and unemployment rising, the head of the European Central Bank said it was looking at new measures to stimulate growth if ...
Credit-easing steps by central banks, at a glance
The Bank of Japan said Thursday that it will pump money into the Japanese financial system to try to combat deflation, encourage borrowing and lift ...
Key quotes from ECB head Draghi's press briefing
At his monthly news conference following the European Central Bank's policy-setting meeting, President Mario Draghi on Thursday answered questions ...
Key ECB measures have calmed crisis _ for now
The European Central Bank and its president, Mario Draghi, have played a key role in fighting the government debt crisis afflicting the 17 European ...
Text of statement by ECB President Mario Draghi
Below is the full text of the statement that European Central Bank President Mario Draghi delivered at his press conference on Thursday. "Ladies and ...
ECB leaves key rate at 0.75 percent
The European Central Bank has left its key interest rate unchanged at a record low of 0.75 percent, holding off on further stimulus for the euro ...
ECB to face Cyprus questions at rate meeting
European Central Bank President Mario Draghi will try Thursday to reassure markets that Cyprus's chaotic bail-out won't worsen the euro currency ...
Eurozone inflation down for third month running
Inflation across the 17 European Union countries that use the euro fell for the third month running in March to its lowest level in nearly three ...
German inflation rate down to 1.4 percent in March
The annual inflation rate in Germany, Europe's biggest economy, slipped to 1.4 percent in March as a rise in energy prices slowed. The official figure ...
OECD: World economy picking up but Europe lagging
The global economy is beginning to rebound, but Europe is lagging behind and unemployment rates, even in countries starting to see growth, are still ...