European Central Bank

By Lananh Nguyen

Central banks and reserve managers are breaking from past practice by showing little appetite to add euros as the currency tumbles.

By Stefan Riecher

The inflation rate in the euro area fell below zero for the first time in more than five years, bolstering the case for more European Central Bank stimulus.

By Sotiris Nikas

The inflexible payments Greece has to make to its creditors this year are set to peak in the summer. January is the easiest month, as the repayments due then amount to just 515 million euros, but the dues will increase almost every month that follows, reaching their highest in July and August, when 8.8 billion euros will have to be paid out in total.

 Outflow of deposits still manageable, but any unilateral moves could see local lenders starved of cash

By Yiannis Papadoyiannis

The issue of cash flow in Greece will be among those to be discussed during Wednesday?s scheduled board meeting of the European Central Bank, with Greek central banker Yannis Stournaras informing his peers of liquidity conditions in this country.

By Ian Chua and Shinichi Saoshiro

The euro wallowed near a nine-year trough early on Tuesday, keeping up a wobbly start to 2015 as the prospect of more policy easing from the European Central Bank grew ever stronger.

By Catherine Bosley

Swiss National Bank President Thomas Jordan said he doesn?t expect Greece to leave the euro area and warned of risks associated with such a move.

The euro slumped to a nine-year low Jan. 5 as investors bet that the prospect of inflation across the region turning negative and mounting political uncertainty in Greece will force the European Central Bank to unleash quantitative easing.

Worries over Greece's future in the euro zone kept shares under pressure on Monday, even as fresh multi-year lows for the euro and crude oil gave a boost to travel and consumer-goods stocks.

The pan-European FTSEurofirst 300 index was down 0.1 percent at 0909 GMT, with benchmark indexes in London and Frankfurt also in negative territory. The Paris CAC 40 stayed flat.

Sentiment in the euro zone improved in January for a third month running as investors and analysts shrugged off uncertainty over new Greek elections and their view of longer-term economic developments reached its most optimistic level in six months.

A friend told me on Friday that most of the 2015 Turkish economy predictions he had seen on TV were rosy, prompting me to go through all the analyst reports I could get my hands on over the weekend. Here is the story they all seem to be telling: