European Central Bank News
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1 hr ago | Bangkok Post
Eurozone public finances improved in 2013 as the economy finally turned the corner on a record recession but total debt levels remained dangerously high, official data showed on Wednesday.
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5 hrs ago | BBC News
The government's successful auction of 750m euros in bonds will almost certainly allow it to exit its bailout within a month.
7 hrs ago | SETimes news
A wave of tourists visited Greece for the Easter holiday. Also in business news: The European Central Bank launched a Eurosystem co-operation programme with Albania, Kosovo and Macedonia Greek tour operators have seen a wave of tourists in the country for the Easter holiday.
9 hrs ago | National Public Radio
A closely watched survey has found business activity across the 18-country eurozone running at a three-year high, in perhaps the clearest sign yet that the economic recovery is gaining momentum.
12 hrs ago | The Hartford Courant
Quantitative easing, or printing money to buy assets, would be operationally complex for the European Central Bank , ECB policymaker Ardo Hansson said on Wednesday, adding that he saw a lot of questions around how to implement such a program.
ZURICH/LONDON - Swiss drugmaker Novartis announces a radical revamp of its business through deals with rivals GlaxoSmithKline and Eli Lilly worth a combined $27 billion, which will simplify its structure and strengthen its cancer business.
The development of price pressures in the euro zone over the next two months will be key to determining whether the European Central Bank will add more stimulus, an ECB policymaker said.
Investors trimmed their positions of U.S. dollars on Tuesday after a two-week run higher, unmoved by a U.S. March existing home sales report that beat expectations but showed a modest decline from the prior month.
Quantitative easing is probably coming to the euro zone in the foreseeable future as the European Central Bank scrambles to deal with low inflation, economists at Citigroup said in a note on Tuesday.
Jacques de Larosiere says he is an isolated and modest man. Yet the 84-year-old former head of the International Monetary Fund is one of the most influential voices in European and global finance.
The country's debt rallied in the first quarter on expectations the euro area is recovering from the financial crisis, bringing Italy along with it.
An extraordinary board meeting was called for Friday after the bank said earlier this week it was evaluating how much capital it needs in light of the asset review to be conducted by the European Central Bank and after discussions with the Bank of Italy.
The dollar fell against the euro Thursday as investors weighed the prospects of additional stimulus from the European Central Bank with guesses on when the Federal Reserve could begin raising rates.