European Central Bank

By Simon Kennedy & Alessandro Speciale

Mario Draghi just pushed the European Central Bank closer to quantitative easing.

With euro-area data this week likely to show the weakest inflation since 2009, the ECB president used the high-powered central-banking conference in Jackson Hole, Wyoming, to warn that investor bets on prices have “exhibited significant declines.”

By Lukanyo Mnyanda

European government bonds surged, pushing yields from Germany to Spain down to records, after European Central Bank President Mario Draghi gave his strongest signal yet officials are moving closer to quantitative easing.

 Greek ministers will be looking at timetables, actions and taxes with troika officials at start of September

The Greek government has begun finalizing its negotiating strategy for the imminent talks with troika officials in Paris, setting four clear priorities for the September meeting.

Spanish government bonds rose, with 10-year yields approaching a record low, amid speculation European Central Bank President Mario Draghi will reiterate the need for accommodative monetary policy.

By Jonathan Cable

Eurozone private business growth slowed more than expected this month, despite widespread price cutting, as manufacturing and service industry activity both dwindled, a survey showed on Thursday.

 Sector's denial of any capital injection needs receives backing from positive report delivered by JPMorgan

Greek banking sources are denying reports that the sector will need a new round of increased capital support, announcing that no such news has been delivered to them by the European Central Bank.

The European Banking Authority will for the first time publish details of banks’ losses from fines and litigation when it releases the results of European Union-wide stress tests later this year.

By Paul Carrell & Eva Taylor

The European Central Bank is in a policy no man's land, bombarded by news of a stagnating euro zone economy but hesitant to move forward with new stimulus until measures it loaded in June have ignited.

By Alessandro Speciale, Jana Randow & Joshua Robinson

Mario Draghi’s promise of cheap cash for banks betting on the euro-area revival is losing its allure.

Banks will return 2.861 billion euros (2 billion pounds) in long-term loans to the European Central Bank next week after the ECB started to charge for holding banks' excess cash overnight and promised more long-term loans.