European Central Bank

Coronavirus: EU Finance Ministers Agree on 500 Billion Euro Rescue Package

Finance ministers from European Union have agreed a €500 billion ($540 billion) rescue package for the block’s countries hit hard…

5 years ago

Euro Hits $1.20 for First Time Since January 2015

The euro has reached an 18-month high against US dollar as the prospect of a US interest rate rise recedes.…

7 years ago

Asian Stock Markets Recover on Oil Prices Rebound

Asian stock markets have continued recovery, picking up on a rebound in oil prices and a strong lead from the…

9 years ago

Asian Markets Trade Lower on ECB Policy-Easing Moves

Asian markets traded lower on December 4, following a global trend, as investors reacted negatively to the European Central Bank's…

9 years ago

Frankfurt riot: Blockupy protesters target new ECB headquarter

Some 350 people arrested and dozens injured as anti-austerity demonstrators clashed with police in Frankfurt, Germany. Police cars were set…

10 years ago

Greek banks receive extra €3.3 billion emergency cash from ECB

The European Central Bank (ECB) has agreed to raise the emergency funding available to Greek banks to €68.3 billion. The…

10 years ago

ECB announces €1.1 trillion QE to boost eurozone economy

The European Central Bank (ECB) has unveiled an €1.1 trillion ($1.3 trillion) plan to boost eurozone economy. The ECB will…

10 years ago

Swiss franc surges after Switzerland scraps euro cap

The Swiss franc has risen by 30% in chaotic trade after the central bank abandoned the cap on the currency's…

10 years ago

ECB cuts benchmark interest rate to 0.05%

The European Central Bank (ECB) has cut its benchmark interest rate by 10 basis points to 0.05%, and introduced new…

10 years ago

Bundesbank raises Germany’s economic growth forecasts

The Bundesbank has raised its forecasts for Germany’s economic growth from 0.3% to 0.5% for 2013 and from 1.5% to…

11 years ago