Search Results for “ECB”

ECB set to supervise PNB Banka amid Latvian banking scandals

The European Central Bank will take on a direct supervisory role at Latvia’s seventh-largest bank, PNB Banka, following a series of financial scandals in the Baltic state

ECB opts for longer but leaner quantitative easing

ECB President, Mario Draghi, stressed that the eurozone’s quantitative easing programme “remains flexible”, announcing asset purchases will decrease as they are extended over a longer time frame

ECB advises banks to get used to negative interest rates and adapt

With negative interest rates set to remain, the ECB has advised banks to be flexible and adapt to them, rather than fighting against them

Encouraging inflation continues to be an uphill struggle for the ECB

The ECB’s target inflation level of two percent looks to be a distant dream for the moment, at least until global oil production rebalances and the price of crude rises at least a little

The ECB headquarters. The institution is trying to speed up the implementation of new union-wide regulations

ECB pushes ahead with regulation standardisation

In an attempt to harmonise the eurozone member’s many different banking regulations, the ECB is speeding up the implantation of new union-wide regulations

ECB is cautiously optimistic about the eurozone economy

Recently released ECB meeting minutes note a number of positive indicators in the euro economic area

ECB: austerity works

A paper published by Europe’s central bank lays out the merits of fiscal consolidation for Europe’s struggling economies

ECB kickstarts its quantitative easing programme

The European Central Bank has launched its quantitative easing programme despite qualms over the plan’s viability

President of the European Central Bank, Mario Draghi, has for a long time been keen that the institution should implement a quantitative easing scheme

ECB quantitative easing plan approved

Mario Draghi’s bond buying scheme gets tentative ECJ approval after challenge from German courts

As the Eurozone faces intense pressure as oil prices dip, the ECB is rapidly gaining support for a proposed quantitative easing programme - advocated by its President Mario Draghi

Is it time for the ECB to introduce a quantitative easing programme?

Growing deflationary pressure in the eurozone means that the time has finally come to trial the uncertain fix of an ECB-backed QE programme

Yesterday, President of the ECB, Mario Draghi, gave more information about the bank's asset purchase programme, due to start later this year. The institution hopes the purchases will add essential liquidity to its flagging financial system

ECB announces details of asset purchase programme

ECB president Mario Draghi has announced further details of the bank’s asset purchase programme; set to begin in the fourth quarter of this year

Soaring costs and high expectations put pressure on new ECB headquarters

The ECB finally moves into its new headquarters this year, but the building may not be sufficient for the organisation’s growing responsibilities

ECB’s Trichet: budget cuts won’t lead to new slump

ECB President Jean-Claude Trichet dismissed warnings that drastic and simultaneous spending cuts planned by eurozone governments could send the 16-country bloc back into recession. US policymakers have called for continued stimulus to keep momentum in the global recovery, while many economists and academics have raised fears that austerity measures on the cards in Athens and […]

ECB to buy eurozone bonds to fight crisis

The European Central Bank will buy eurozone government bonds to help support fractured markets, abandoning firm resistance to full-scale asset purchases in light of Greece’s debt crisis. The ECB said in a statement that the step, dubbed the ‘nuclear option’ by many economists, was justified because of government promises to meet strict budget targets and […]

ECB’s Liikanen says Greek package improves situation

The record 110 billion euro ($147bn) Greek rescue package has improved market conditions and there is no risk of a eurozone collapse, ECB Governing Council member Erkki Liikanen said. “The tough decisions made over the past weekend have eased (the problems). We are going in a better direction,” Liikanen told Finnish broadcaster MTV3 recently, noting […]

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