Greek Prime Minister Alexis Tsipras began the hunt for allies against German demands for austerity as his week-old government appealed to the European Central Bank not to shut off ... Read More
“The risk of exaggerations increases” Mr Weidmann, the ECB was originally modelled on the Bundesbank. Was this tradition laid to rest on Thursday? I wouldn’t make this out to be ... Read More
European stocks traded near a seven-year high amid optimism about central-bank stimulus, while Greek shares dropped as opposition party Syriza won an election. The Stoxx Europe 600 Index slipped ... Read More
In a week where the focus would ordinarily have been on the latest FOMC meeting as well as US and UK GDP numbers, its events in Europe that are ... Read More
Oil slid in early Asian trade on Monday, with U.S.crude falling close to a six-year low, after Greece’s election results heightened uncertainty in the euro zone and depressed the bloc’s currency against the ... Read More
The euro slipped with U.S. equity-index futures, while Treasuries rallied as Greek voters handed victory to a party that’s pledged to renegotiate the terms of an international bailout. Asian ... Read More
“Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. Let me wish you all a Happy New Year. I would also ... Read More
European Central Bank President Mario Draghi has announced the central bank to an expanded 60 billion euro ($70 billion) private and public bond-buying program until September 2016. The ECB ... Read More
At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and ... Read More
Asia’s benchmark stock gauge was little changed as investors awaited a European Central Bank decision today on quantitative-easing strategy. Chinese shares rallied as the People’s Bank of China pumped funds into ... Read More
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