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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 ...
Oil above $91 on hope for Europe rate cut
Oil had its biggest daily gain since December, as oil supplies rose less than expected in the U.S. and speculation grew that the European Central Bank ...
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 ...
Japan central bank revamps policy to boost economy
Japan is taking aggressive action to lift consumer prices, encourage borrowing and help pull the world's third-largest economy out of a long slump.
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 ...
ECB, Eurogroup at odds over Cyprus rescue as model
Europe's leading institutions clashed in a rare sign of public discord Tuesday over what shape future financial rescues will take following the ...
Trouble from Cyprus deal could linger for eurozone
European leaders may have saved Cyprus from imminent financial collapse when they clinched a last-minute deal in the early hours of Monday morning.
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 ...