Search Results for: European Council
Is the ECB allowed to buy sovereign bonds?
January 13th, 2015
The European Court of Justice is looking into whether the ECB’s plan to buy sovereign bonds is really within its mandate. Experts expect the central bank to start its program soon, in a bid to head off deflation. “The ...
ECB President Draghi says that the Eurozone Is Facing ‘A Long Period Of Weakness’
January 2nd, 2015
The eurozone faces a growing risk of unstable prices, the head of the European Central Bank said in an interview published Friday, at a time when concerns are mounting the bloc could slip into deflation. “The risk that we ...
Ultimate owners of companies would have to be listed in central registers in EU countries
December 18th, 2014
The ultimate owners of companies would have to be listed in central registers in EU countries, accessible to people with a “legitimate interest”, such as investigative journalists and other concerned citizens, under a deal struck by Parliament and Council ...
Legal leaders join hands against client snooping
December 9th, 2014
Legal chiefs and academics today demanded new laws to stop police and security services from spying on meetings between lawyers and their clients. In a declaration to mark European Lawyers Day, the Law Society, the Bar Council and the ...
ERPB to address instant payments in euro and remaining SEPA issues
December 9th, 2014
Instant payments with immediate availability of funds are the industry’s next frontier Aim is to take advantage of integration already achieved with SEPA and avoid the development of a fragmented market in Europe In its second meeting, on 1 ...
Dollar Rises to 7-Year High Versus Yen as Aussie Slides on GDP
December 3rd, 2014
The dollar strengthened to a seven-year high against the yen before U.S. data this week that economists say will back the case for higher interest rates as Japan and Europe ease policy. The greenback was 0.2 percent from its ...
Dollar Advances as OPEC Output Freeze Seen Hurting Euro, Aussie
November 28th, 2014
The dollar strengthened on speculation lower crude prices after OPEC’s decision to keep oil output unchanged will stimulate the U.S. economy while weighing on the euro and currencies of commodity-producing nations. The greenback rose against all but one of ...
IIRC Begins Tech Initiative to Spur Integrated Reporting
November 27th, 2014
Two of the Big Four accounting firms are teaming up with technology companies to see how technology can be used to encourage more companies to do integrated reporting. The International Integrated Reporting Council (IIRC) said Wednesday it is launching ...
Draghi Urgency for ECB Action Gets Final Reality Check
November 24th, 2014
Mario Draghi is about to find out just how urgent his call for action has become. One week after the European Central Bank president vowed to revive inflation “as fast as possible,” policy makers will receive a glimpse on ...
Draghi throws door to QE wide open as recovery wanes
November 21st, 2014
European Central Bank President Mario Draghi threw the door wide open on Friday for more dramatic action to rescue the euro zone economy, saying “excessively low” inflation had to be raised quickly by whatever means necessary. Draghi said there was now ...
