Summary In January, the ECB decided to expand its asset purchase programme to include government bonds after it became clear that there was a need for more monetary stimulus. ... Read More
Greek Finance Minister Yanis Varoufakis upped the stakes sharply ahead of Monday’s crucial Eurogroup meeting in Brussels by raising the prospect of Greece holding new elections or even a ... Read More
5 March 2015 – At today’s meeting, which was held in Nicosia, the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the ... Read More
Cyprus is on track to exit the adjustment programme before the original deadline of 2016, European Central Bank (ECB) president Mario Draghi said on Wednesday, something which he said ... Read More
The European Union’s second-highest court has ruled the European Central Bank (ECB) was wrong to insist that euro clearing houses should be based in the single currency area, a ... Read More
There was a time when a Cypriot on a moderate income could take a gamble on foreign real-estate worth more than his life savings. One banking crash, three and ... Read More
The dollar held firm near an 11-year high versus a basket of major currencies on Wednesday, as investors awaited U.S. economic data and a European Central Bank meeting later this week ... Read More
Creditors clear reforms with some caveats The Greek government on Tuesday shifted its focus to the pressing matter of tackling immediate funding needs after the country’s international creditors provisionally ... Read More
On 18 February 2015, the Governing Council approved the public account of its monetary policy meeting of 21 and 22 January 2015. The first edition of this new communication ... Read More
19 February 2015 – Financial statements of the ECB for 2014 ECB’s net profit for 2014: €989 million (2013: €1,440 million) Net interest income from the Securities Markets Programme: ... Read More
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