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European Central Bank

  • Christine Lagarde, Jeroen Dijsselbloem, Olli Rehn

    A look at the eurozone's 5 bailouts

    Cyprus' bailout deal is the fifth agreed on so far in the 17-strong group of European Union countries that use the euro since the debt crisis began ... 

  • Cyprus secures bailout, avoids bankruptcy

    Cyprus secured a 10 billion euro ($13 billion) package of rescue loans in tense, last-ditch negotiations early Monday, saving the country from a ... 

  • Cyprus talks to continue; no deal yet

    Cyprus officials and international representatives ended torturous negotiation in the early hours of Sunday with no agreement on a plan to raise money ... 

  • What happens if Cyprus collapses?

    What happens if Cyprus' banks collapse? If its government goes broke? If it leaves the euro? The European Union, the International Monetary Fund, the ... 

  • Cyprus lawmakers approve key bills for bailout

    Lawmakers in Cyprus approved three key bills Friday that aim to raise enough money to qualify the country for a broader bailout package and help it ... 

  • World markets mixed, Cyprus talks continue

    World stocks were mixed Friday as strong earnings reports in the U.S. helped offset concerns in Europe over Cyprus' unresolved bailout talks. 

  • Nicos Anastasiades

    Key players in Cyprus' financial drama

    The government of Cyprus is trying frantically to come up with a Plan B to avoid the country's financial collapse and possible exit from the euro ... 

  • Cypriot officials: Plan B drawn up to get bailout

    Searching for a way out of a crippling financial crisis, officials in Cyprus on Wednesday pursued a new bailout strategy that could include a loan ... 

  • Asia stocks mixed after Cyprus vote on bailout

    Asian stock markets were mixed Wednesday after Cypriot lawmakers rejected a tax on bank deposits that would have partly funded an emergency bailout ... 

  • Cyprus in limbo after rejecting bank seizures plan

    Lawmakers in Cyprus decisively rejected a plan on Tuesday to seize up to 10 percent of people's bank deposits in order to secure an international ... 

  • EU makes important step toward banking union

    The European Union on Tuesday cleared a major legal hurdle toward establishing a full banking union to stabilize its financial system, just as ... 

  • Savings account seizure plan draws fury in Cyprus

    A plan to seize up to 10 percent of savings accounts in Cyprus to help pay for a €15.8 billion financial bailout was met with fury Monday, and the ... 

  • Cyprus president tries to amend bailout plan

    Cyprus' president said Sunday that he is trying to amend a key provision of an unpopular eurozone bailout plan that would tax deposits in the ... 

  • Cyprus secures $13 bn bailout from eurozone, IMF

    Cash-strapped Cyprus secured a €10 billion ($13 billion) bailout package from its European partners and the International Monetary Fund in a bid to ... 

  • Europe eases the austerity whip _ a little

    Three and a half years into its government-debt crisis, there are signs that Europe is adopting a gentler approach toward austerity. Political leaders ... 

  • German central bank: Crisis not over yet

    The head of Germany's central bank is warning that the government debt crisis in the euro countries "isn't over" despite the easing of financial ... 

  • Mario Draghi

    Draghi: Do more to promote jobs, growth

    European Central Bank President Mario Draghi is urging indebted governments to move beyond spending cuts and tax hikes and introduce reforms that ... 

  • Mario Draghi

    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 measures by ECB chief Draghi

    European Central Bank chief Mario Draghi has been in the job since November 2011. Here are some of the key steps the bank has taken to ease Europe's ... 

  • ECB to urge Italy to stay course on reform

    The European Central Bank likely won't offer more help Thursday for Europe's struggling economy, instead pressing indebted Italy to stick with its ... 

  • French minister: ECB must do more for jobless

    A French official says the European Central Bank is shirking its responsibilities toward Europe's unemployed and should do more to weaken the euro to ... 

  • Italy behind rise in eurozone jobless to record

    Italy's voters gave their verdict on the austerity medicine they've been forced to take when they went to the polls earlier this week. By Friday, one ... 

  • Pierluigi Bersani

    Italy turmoil raises questions about ECB backstop

    Why has Italy's muddled election result spooked global investors so much? Because it raises unsettling questions about the availability of the ... 

  • Draghi: Reforms must continue despite social cost

    European Central Bank President Mario Draghi has acknowledged that austerity measures and economic reforms can have heavy social costs — but argues ... 

  • Italy pays more to borrow after election turmoil

    Italy saw its borrowing costs jump in a pair of bond auctions Wednesday after an inconclusive election that has raised fears Europe's government debt ... 

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