European Central Bank news and stories by mail.com

European Central Bank

Merkel, Hollande at odds over Europe's way forward
Germany and France recognize that their cooperation is key to overcoming Europe's persistent economic crisis, but comments Thursday by the leaders of ...
Eurozone recession is now longest in currency bloc
The eurozone is now in its longest ever recession — a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis ...
EU to shift bill for bank failures to creditors
European Union governments want to shift the cost of rescuing troubled banks from taxpayers to the banks' creditors — including the holders of large ...
German inflation drops to near 3 year low
Inflation in Germany, Europe's largest economy, has hit its lowest rate in nearly three years largely on the back of a fall in fuel costs. The Federal ...
Europe at odds over next steps to banking union
European leaders are increasingly at odds over how to create a full-fledged banking union, the bloc's key project to stabilize its financial system ...
G7 says Japan playing by currency rules
Finance leaders from the Group of Seven leading industrial economies say Japan's stimulus policies are directed at boosting its economy out of a ...
German Cabinet approves ECB bank supervision
German Chancellor Angela Merkel's Cabinet has approved plans to hand the European Central Bank the power to oversee the continent's lenders, the main ...
Spain, Italy team up to demand crisis relief
The premiers of Spain and Italy teamed up Monday to push the eurozone to focus more on spurring economic growth instead of just reducing debt — a move ...
ECB, Germany at odds over banking union set-up
The European Central Bank and Germany, the bloc's biggest economy, are at odds over how to set up the banking union that is meant to stabilize the ...
Strong US jobs report triggers stock market rally
Stock markets rallied on Friday, with both the Dow and S&P hitting new highs, after an unexpectedly strong U.S. jobs report indicated the world's ...
EU predicts eurozone recession to continue in 2013
Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected recession in the eurozone and unemployment at record ...
Oil up again to near $95 ahead of US jobs data
The price of crude oil continued to rise Friday, a day after posting its biggest jump this year, as traders awaited the release of a closely watched U
Asia stocks rise on US jobs data
Asian stock markets rose Friday, finding renewed strength from a fall in U.S. jobless benefit claims and an interest rate cut by the European Central ...
US economic reports hold out hope for hiring gains
Fewer Americans are losing their jobs. Employers are struggling to squeeze more work from their staffs. The U.S. is producing so much oil that imports ...
Oil jumps more than 3 percent, natural gas drops
The price of oil rose more than 3 percent Thursday as the European Central Bank cut its key interest rate to a new low and U.S. unemployment claims ...
ECB cuts benchmark interest rate to 0.5 percent
The European Central Bank cut its key interest rate to a record low 0.50 percent Thursday and announced other measures to spur lending and help lift ...
Reactions to European Central Bank rate cut
The European Central Bank, which sets monetary policy for the 17 European Union countries that use the euro, cut its main interest rate by a quarter ...
Oil trades above $91, recovering from big drop
The price of oil made gains above $91 per barrel Thursday, rebounding from a steep drop, as the European Central Bank cut its key interest rate to a ...
Fed keeps stimulus, says taxes and cuts have hurt
The Federal Reserve cautioned America's political leaders Wednesday that their policies are hurting the economy. The Fed stood by its aggressive ...
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 ...