
Glance: A look at the EU's key decisions in 2012
In a whirlwind of decision-making, ministers from the European Union's 27 countries agreed Thursday on the foundation of a fully-fledged banking union ...

Eurozone industrial output in surprise slump
Industrial production across the 17 European Union countries that use the euro unexpectedly slumped in October, official figures showed Wednesday, in ...

Italian election means new stress for eurozone
Until last weekend, Europe seemed headed for a quiet Christmas and New Year's. Then Italy's Prime Minister Mario Monti unexpectedly announced he was ...
Draghi supports Hungary's embattled central bank
European Central Bank President Mario Draghi on Friday defended his Hungarian counterpart against the government's efforts to limit his independence ...

ECB cuts growth outlook for eurozone, holds rates
The European Central Bank warned of another gloomy year for the 17 European Union countries that use the euro, cutting its forecast for economic ...
Key measures in Draghi's first year as ECB chief
European Central Bank chief Mario Draghi has been in the job for a little over a year. Here are some of the key steps the bank has taken to ease ...

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 ...
ECB President Mario Draghi's speech
Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today's ...
ECB holds rates, may be done with euro stimulus
The European Central Bank left its key interest rate unchanged at a record low Thursday, holding off on further stimulus even as the economy across ...
ECB could be done helping eurozone economy
The European Central Bank is unlikely to offer any further help for Europe's sagging economy Thursday after already lowering interest rates to record ...

Eurozone unemployment hits another record high
Another month, another record unemployment rate for the economy of the 17 European Union countries that use the euro. Figures released Friday by ...

Eurozone, IMF reach deal to reduce Greek debt
The 17 European Union nations that use the euro have struck an agreement with the International Monetary Fund on a program to reduce Greek debt and ...

UK picks Canadian to lead Bank of England
The British government has chosen Mark Carney, a Canadian, to become governor of the Bank of England, the first time a foreigner has been tapped for ...

EU leaders approve Mersch, another male, for ECB
The appointment of Luxembourg's top banker to a top post at the European Central Bank left it looking a lot like an Old Boys' Club on Friday.
ECB says it must supervise all of the bloc's banks
The European Central Bank must be given the power to supervise all banks in the 17 European Union countries that use the euro, President Mario Draghi ...

Eurozone slides back into recession
The 17-country eurozone has fallen back into recession for the first time in three years as the fallout from the region's financial crisis was felt ...

After 3 bumpy years, Europe turns corner on crisis
The worst of Europe's financial crisis appears to be over. European leaders have taken steps to ease the panic that has plagued the region for three ...

Global markets shaken by US fiscal cliff fears
World stocks mostly fell Friday as fears persisted over the so-called U.S. "fiscal cliff" that's seen as a big threat to the economic recovery.
Asian stocks sink on US fiscal cliff fears
Most Asian stock markets sank Friday, weighed down by fears over the so-called U.S. "fiscal cliff" that's seen as a big threat to the economic ...

Greek wait for cash goes on despite austerity vote
Greece's euro partners won't be able to release the country's next batch of bailout cash next week, even though the Greek Parliament narrowly backed ...

ECB president warns on economic growth
European Central Bank President Mario Draghi has warned that the economy of the 17 countries that use the euro remains weak and will struggle to grow ...
Analyst responses to ECB's monthly meeting
On Thursday, the European Central Bank kept its main interest rate unchanged at the record low 0.75 percent and did not announce any new measures to ...
Bio for Mario Draghi, the head of the ECB
BORN — Sept. 3, 1947, Rome, Italy. Age 65. PROFESSIONAL EXPERIENCE — Took office on Nov. 1, 2011 as third president of the European Central Bank, ...