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Germany's finance minister has signaled his opposition to any move by the European Central Bank to buy asset-backed securities to help indebted states, telling his party it would amount to "covert state financing", according to German magazine
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The Euro sculpture is pictured in front of the headquarters of the European Central Bank (ECB) in Frankfurt, January 17, 2012. ECB policymakers rebuffed suggestions that Europe should ease up on austerity and said that while the central bank has room
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Euro zone stock markets are having a great day today, and they're all being led higher by bank stocks. Below is a quick rundown: France: +2.9%, banks +5.7% Germany: +2.1%, banks +4.0% Spain: +2.7%, banks +4.5% Italy: +2.0%, UniCredit +4.0% Last week,
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Comments by European Central Bank policymakers on Monday stressing falling inflation and poor growth prospects in the euro zone suggest the ECB may be leaning towards a further cut in its main refinancing rate. ECB Vice-President Vitor Constancio
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It is too early for the European Central Bank to judge whether a further interest rate cut is needed but the impact of Japan's easing must be closely monitored, ECB Governing Council member Ewald Nowotny said on Saturday. "It's still too early. In
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The euro has dropped a full penny against the dollar in the last hour or so on new comments from Bundesbank President and ECB Governing Council member Jens Weidmann. According to Weidmann, the ECB may cut interest rates if new economic data warrants
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The Emminger letter forms one of the more obscure parts of the history of the German Bundesbank, the country's vaunted central bank...And, in the hard-line negotiations over the latest Cyprus bailout package, 35 years after it was written, it has
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On the world financial and economic scene, we have seen an outbreak of a dangerous phenomenon that could have a greatly negative effect on policy...European leaders who agreed in Brussels on Friday to the first-ever cut to the European Union budget
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The European Central Bank stands ready to act if price pressures rise, ECB policymaker Joerg Asmussen said on Wednesday, but added there were currently no signs of this happening in the euro zone. The ECB Governing Council decided unanimously last
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News Analysis & Opinion Related Topics European Central Bank (ECB) President Mario Draghi takes off his glasses during the monthly ECB news conference in Frankfurt December 6, 2012. Key Euribor bank-to-bank lending rates fell on Friday, a day after
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