http://www.mail.com/in-en/organizations/1378-european-central-bank.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.28/img/mailcom_logo_rss.png http://www.mail.com/in-en/organizations/1378-european-central-bank.html http://www.mail.com/in-en/business/economy/2099710-german-central-bank-economy-to-improve-markedly.html FRANKFURT, Germany (AP) — Germany's central bank expects the country's economy to improve "markedly" in the second quarter — a development that could boost the wider eurozone as it struggles to get out of recession. The Bundesbank said Tuesday that Europe's largest economy should expand more robustly after a weak first three months of the year. Germany gr... Tue, 21 May 2013 13:21:28 GMT http://www.mail.com/in-en/business/economy/2099710-german-central-bank-economy-to-improve-markedly.html 2013-05-21T13:21:28Z http://www.mail.com/in-en/business/markets/2093268-glance-europes-key-institutions.html Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who should be involved. Here is a look at the key institutions involved in Europe's economic policymaking: —EUROPEAN UNION An economic and political partnership among 27 European countries. It has a combined populat... Fri, 17 May 2013 18:20:26 GMT http://www.mail.com/in-en/business/markets/2093268-glance-europes-key-institutions.html 2013-05-17T18:20:26Z http://www.mail.com/in-en/news/world/2093224-top-officials-call-to-overhaul-euro-institutions.html BERLIN (AP) — Engineering a financial bailout for Cyprus in March was such a chaotic process that top European officials say it is time to rethink how the region manages its crisis — and who should be involved. Officials say the International Monetary Fund, which has contributed financial expertise and billions in emergency loans, may no longer be needed ... Fri, 17 May 2013 15:32:04 GMT http://www.mail.com/in-en/news/world/2093224-top-officials-call-to-overhaul-euro-institutions.html 2013-05-17T15:32:04Z http://www.mail.com/in-en/business/economy/2089898-merkel-hollande-odds-europes-way-forward.html BERLIN (AP) — Germany and France recognize that their cooperation is key to overcoming Europe's persistent economic crisis, but comments Thursday by the leaders of the continent's No. 1 and 2 economies suggested they still have diverging priorities. French President Francois Hollande argued that the 17-nation eurozone should integrate more, calling for gr... Thu, 16 May 2013 17:55:32 GMT http://www.mail.com/in-en/business/economy/2089898-merkel-hollande-odds-europes-way-forward.html 2013-05-16T17:55:32Z http://www.mail.com/in-en/business/economy/2086772-eurozone-recession-longest-currency-bloc.html PARIS (AP) — 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 of 2008-2009. The European Union statistics office said Wednesday that nine of the 17 EU countries that use the euro are in recession, with France a notable addition to the list. Overall, the eu... Wed, 15 May 2013 19:21:06 GMT http://www.mail.com/in-en/business/economy/2086772-eurozone-recession-longest-currency-bloc.html 2013-05-15T19:21:06Z http://www.mail.com/in-en/business/markets/2083696-eu-to-shift-bill-bank-failures-to-creditors.html BRUSSELS (AP) — European Union governments want to shift the cost of rescuing troubled banks from taxpayers to the banks' creditors — including the holders of large deposits— as part the region's plan to shore up its shaky financial system. Finance ministers from the 27-country bloc meeting in Brussels on Tuesday sought to hammer out the new rules on how ... Tue, 14 May 2013 17:15:02 GMT http://www.mail.com/in-en/business/markets/2083696-eu-to-shift-bill-bank-failures-to-creditors.html 2013-05-14T17:15:02Z http://www.mail.com/in-en/business/economy/2083694-german-inflation-drops-to-3-year-low.html BERLIN (AP) — 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 Statistical Office said Tuesday that consumer prices rose 1.2 percent in April 2013 compared to the same month a year ago. That's down on the 1.4 percent rate in March and takes inflation to i... Tue, 14 May 2013 07:29:48 GMT http://www.mail.com/in-en/business/economy/2083694-german-inflation-drops-to-3-year-low.html 2013-05-14T07:29:48Z http://www.mail.com/in-en/news/world/2081232-europe-odds-steps-to-banking-union.html BERLIN (AP) — 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 and turn the tide in its stubborn debt crisis. A majority of the 17 countries in the European Union's common euro currency union want to swiftly create a central banking regulator as well as an a... Mon, 13 May 2013 19:41:31 GMT http://www.mail.com/in-en/news/world/2081232-europe-odds-steps-to-banking-union.html 2013-05-13T19:41:31Z http://www.mail.com/in-en/business/economy/2078770-g7-japan-playing-currency-rules.html AYLESBURY, England (AP) — Finance leaders from the Group of Seven leading industrial economies say Japan's stimulus policies are directed at boosting its economy out of a two-decade period of stagnation, not an attempt to drive down its currency to make Japan's exports more competitive. At the conclusion of a two-day meeting of leading financial represent... Sat, 11 May 2013 19:44:40 GMT http://www.mail.com/in-en/business/economy/2078770-g7-japan-playing-currency-rules.html 2013-05-11T19:44:40Z http://www.mail.com/in-en/business/economy/2070996-german-cabinet-approves-ecb-bank-supervision.html BERLIN (AP) — 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 part of the 17-nation eurozone's efforts to stabilize its financial system. Wednesday's formal approval by ministers moves a European banking union one step closer to reality, but doesn't resol... Wed, 08 May 2013 11:09:19 GMT http://www.mail.com/in-en/business/economy/2070996-german-cabinet-approves-ecb-bank-supervision.html 2013-05-08T11:09:19Z http://www.mail.com/in-en/business/economy/2065698-spain-italy-team-up-to-demand-crisis-relief.html MADRID (AP) — 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 they hope will reduce high youth unemployment and speed up a banking reform effort aimed at stabilizing Europe's financial system. After meeting with Spanish Prime Minister Mariano Rajoy, Ital... Mon, 06 May 2013 19:31:56 GMT http://www.mail.com/in-en/business/economy/2065698-spain-italy-team-up-to-demand-crisis-relief.html 2013-05-06T19:31:56Z http://www.mail.com/in-en/business/economy/2066314-ecb-germany-odds-banking-union-set-up.html BERLIN (AP) — 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 17-nation eurozone's financial system. ECB executive board member Yves Mersch said Monday in Luxembourg that in addition to establishing the agreed joint banking supervisor, the project also requi... Mon, 06 May 2013 16:19:07 GMT http://www.mail.com/in-en/business/economy/2066314-ecb-germany-odds-banking-union-set-up.html 2013-05-06T16:19:07Z http://www.mail.com/in-en/business/economy/2060530-strong-us-jobs-report-triggers-stock-market-rally.html LONDON (AP) — 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 largest economy is not slowing down, as some had feared. The Labor Department said a net 165,000 jobs were created in April, above the market expectations for 140,000. The previous two months' weak... Fri, 03 May 2013 16:25:03 GMT http://www.mail.com/in-en/business/economy/2060530-strong-us-jobs-report-triggers-stock-market-rally.html 2013-05-03T16:25:03Z http://www.mail.com/in-en/business/economy/2060488-eu-predicts-eurozone-recession-to-continue-2013.html BRUSSELS (AP) — 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 levels, the European Union warned Friday. In its spring economic forecast, the EU said that gross domestic product in the 17 member countries that use the euro will shrink by 0.4 percent this ... Fri, 03 May 2013 14:32:52 GMT http://www.mail.com/in-en/business/economy/2060488-eu-predicts-eurozone-recession-to-continue-2013.html 2013-05-03T14:32:52Z http://www.mail.com/in-en/business/economy/2060140-oil-up-to-95-ahead-us-jobs-data.html 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.S. employment report. By early afternoon in Europe, benchmark crude for June delivery was up 61 cents to $94.60 a barrel in electronic trading on the New York Mercantile Exchange. The price rose sharply on ... Fri, 03 May 2013 11:40:38 GMT http://www.mail.com/in-en/business/economy/2060140-oil-up-to-95-ahead-us-jobs-data.html 2013-05-03T11:40:38Z http://www.mail.com/in-en/business/economy/2058012-asia-stocks-rise-us-jobs-data.html BANGKOK (AP) — 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 Bank intended to boost the region's ebbing economy. Investors jittery over the state of the U.S. economy took heart from a U.S. Labor Department report that said applications for unemployment ... Fri, 03 May 2013 05:09:42 GMT http://www.mail.com/in-en/business/economy/2058012-asia-stocks-rise-us-jobs-data.html 2013-05-03T05:09:42Z http://www.mail.com/in-en/business/markets/2058170-ecb-cuts-benchmark-interest-rate-to-05-percent.html FRANKFURT, Germany (AP) — 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 the euro area out of a stubborn recession. ECB President Mario Draghi said the bank was prepared to flex its muscles further in the face of high and rising unemployment and growing e... Thu, 02 May 2013 18:54:10 GMT http://www.mail.com/in-en/business/markets/2058170-ecb-cuts-benchmark-interest-rate-to-05-percent.html 2013-05-02T18:54:10Z http://www.mail.com/in-en/business/markets/2058788-impact-ecb-rate-cut.html FRANKFURT, Germany (AP) — The European Central Bank influences the cost of borrowing in the economy of the 17-country eurozone by moving its key interest rate up and down. Its main refinancing rate is the rate at which eurozone banks can borrow from the ECB. That affects the rate at which banks borrow from each other, the so called money-market rates. Bas... Thu, 02 May 2013 16:39:24 GMT http://www.mail.com/in-en/business/markets/2058788-impact-ecb-rate-cut.html 2013-05-02T16:39:24Z http://www.mail.com/in-en/business/economy/2058740-key-quotes-ecb-head-draghis-press-briefing.html FRANKFURT, Germany (AP) — At his monthly news conference following the European Central Bank's policy-setting meeting, President Mario Draghi on Thursday answered questions from reporters. Here are some highlights of the things he said: — INTEREST RATES The ECB cut its key refinancing rate to 0.5 percent from 0.75 percent as the economy in the 17-country ... Thu, 02 May 2013 16:26:00 GMT http://www.mail.com/in-en/business/economy/2058740-key-quotes-ecb-head-draghis-press-briefing.html 2013-05-02T16:26:00Z http://www.mail.com/in-en/business/markets/2058534-reactions-to-european-central-bank-rate-cut.html 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 of a percentage point to a new record low of 0.5 percent. The ECB's president, Mario Draghi, also hinted that the bank could do more in coming months to get the eurozone economy growing again. That could incl... Thu, 02 May 2013 15:13:15 GMT http://www.mail.com/in-en/business/markets/2058534-reactions-to-european-central-bank-rate-cut.html 2013-05-02T15:13:15Z http://www.mail.com/in-en/business/markets/2058472-denmark-cuts-key-interest-rate-to-02-percent.html COPENHAGEN, Denmark (AP) — Denmark's central bank has cut its key interest rate by 0.1 percentage points to 0.2 percent following a similar move by the European Central Bank. The Nationalbank said Thursday's rate reduction will take effect Friday. Earlier Thursday, the ECB's governing council lowered the benchmark refinancing rate by a quarter point to a ... Thu, 02 May 2013 14:42:37 GMT http://www.mail.com/in-en/business/markets/2058472-denmark-cuts-key-interest-rate-to-02-percent.html 2013-05-02T14:42:37Z http://www.mail.com/in-en/business/markets/2058448-glance-key-ecb-measures-to-calm-eurozone-crisis.html FRANKFURT, Germany (AP) — The European Central Bank and its president, Mario Draghi, have played a key role in fighting the government debt crisis afflicting the 17 European Union member countries that use the euro. The ECB is the issuer of the euro currency and serves as the top monetary authority for the eurozone and its 333 million people. Some of its ... Thu, 02 May 2013 14:34:35 GMT http://www.mail.com/in-en/business/markets/2058448-glance-key-ecb-measures-to-calm-eurozone-crisis.html 2013-05-02T14:34:35Z http://www.mail.com/in-en/business/markets/2058438-credit-easing-steps-central-banks-glance.html The European Central Bank cut its key interest rate Thursday by a quarter percentage point to a new all-time low of 0.5 percent, a move aimed at giving the eurozone economy a push as it struggles to get out of a recession. ECB officials, including its president, Mario Draghi, have said the bank is now looking at methods that go beyond the benchmark intere... Thu, 02 May 2013 14:24:05 GMT http://www.mail.com/in-en/business/markets/2058438-credit-easing-steps-central-banks-glance.html 2013-05-02T14:24:05Z http://www.mail.com/in-en/business/markets/2058328-text-statement-ecb-president-mario-draghi.html FRANKFURT, Germany (AP) — Below is the full text of the statement that European Central Bank President Mario Draghi delivered at his press conference on Thursday. "Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. I would like to thank Governor Makúch for his kind hospitality and express our special gr... Thu, 02 May 2013 13:02:23 GMT http://www.mail.com/in-en/business/markets/2058328-text-statement-ecb-president-mario-draghi.html 2013-05-02T13:02:23Z http://www.mail.com/in-en/business/economy/2057810-oil-trades-91-recovering-big-drop.html 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 new low. By early afternoon in Europe, the benchmark oil contract for June delivery was up 48 cents to $91.48 a barrel in electronic trading on the New York Mercantile Exchange. The European Central Bank cut ... Thu, 02 May 2013 12:29:59 GMT http://www.mail.com/in-en/business/economy/2057810-oil-trades-91-recovering-big-drop.html 2013-05-02T12:29:59Z http://www.mail.com/in-en/business/markets/2055548-ecb-weighs-rate-cut-eurozone-economy-struggles.html FRANKFURT, Germany (AP) — 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 — even though top bank officials themselves caution that a cut won't do much good. Market expectations have risen in recent days of a reduction in the ECB's benchmark rate from its c... Wed, 01 May 2013 17:21:56 GMT http://www.mail.com/in-en/business/markets/2055548-ecb-weighs-rate-cut-eurozone-economy-struggles.html 2013-05-01T17:21:56Z http://www.mail.com/in-en/business/economy/2053054-markets-steady-despite-growing-ecb-rate-cut-talk.html MOSCOW (AP) — European markets steadied Tuesday following a strong performance the previous session despite growing expectations of an interest rate reduction from the European Central Bank later this week. The expectation that the ECB will cut its main interest rate from the already all-time low of 0.75 percent has grown after figures Tuesday showed euro... Tue, 30 Apr 2013 16:40:03 GMT http://www.mail.com/in-en/business/economy/2053054-markets-steady-despite-growing-ecb-rate-cut-talk.html 2013-04-30T16:40:03Z http://www.mail.com/in-en/business/economy/2053046-eurozone-inflation-falls-to-3-year-low-april.html LONDON (AP) — Expectations are mounting that European Central Bank will cut interest rates this week after figures Tuesday showed inflation in the euro area at a three-year low and unemployment at another record high. Expectations were already high that the ECB would cut its main interest rate from its all-time low of 0.75 percent at its monthly policy me... Tue, 30 Apr 2013 13:52:59 GMT http://www.mail.com/in-en/business/economy/2053046-eurozone-inflation-falls-to-3-year-low-april.html 2013-04-30T13:52:59Z http://www.mail.com/in-en/business/economy/2050876-german-inflation-down-door-open-ecb-rate-cut.html FRANKFURT, Germany (AP) — 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 1.1 percent in April. The ECB tries to achieve an inflation rate of just under 2 percent for the 17 European Union countries that use the euro. Low inflation in the eurozone's biggest econom... Mon, 29 Apr 2013 18:14:35 GMT http://www.mail.com/in-en/business/economy/2050876-german-inflation-down-door-open-ecb-rate-cut.html 2013-04-29T18:14:35Z http://www.mail.com/in-en/business/economy/2050424-oil-inches-up-93-despite-us-growth-letdown.html 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 expectations of an interest rate reduction from the European Central Bank later this week. By early afternoon in Europe, benchmark crude for June delivery was up 35 cents to $93.35 a barrel in electronic trading ... Mon, 29 Apr 2013 12:39:13 GMT http://www.mail.com/in-en/business/economy/2050424-oil-inches-up-93-despite-us-growth-letdown.html 2013-04-29T12:39:13Z