Mario Draghi
Euro falls to 9-year low, Greece and ECB in focus
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.
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Euro starts new year at new low
By Wayne Cole
The euro started the new year at 29-month lows in Asia on Friday after the head of the European Central Bank fanned expectations it would take bolder steps on stimulus this month, underlining the U.S. dollar's expanding yield advantage.
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ECB: Proposed Changes to Bulgaria Deposit Insurance Law Harm C-Bank
The European Central bank has warned against proposed amendments to the Deposit Insurance Act, saying they could constitute an infringement on the national bank's independence.
In a statement the Bulgarian National Bank (BNB), Bulgaria's central regulator, cites the letter from ECB signed by the European institution's head Mario Draghi.
ILO warns over flatlining wages, below 2007-level in Greece
Wages in developed countries are flatlining and even falling in some places, holding down economic growth after the financial crisis and increasing the risk of deflation, the International Labour Organization said Friday.
Eurozone bond yields hold at new lows on ECB easing prospects
Eurozone bond yields held at record lows on Tuesday with financial markets lulled by European Central Bank President Mario Draghi's vow to lift inflation from near-zero level by whatever means necessary.
No call for more games
Psychological warfare has been a part of the negotiations between the troika and Athens from the very start of the crisis. But the situation is much different now and troika decision-makers should not forget their own share of responsibility.
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Bourse posts weekly gains of 11.7 percent
Expectations of a deal between Greece and its creditors and European Central Bank President Mario Draghis statements for further support to the economy if necessary, which were well received across the eurozone, sent the Greek bourse benchmark mighty close to the 1,000-point mark on Friday, a rather unlikely outcome to the week considering the miserable series of sessions leading up to the ral
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Europe stocks climb for third day as Greek, Italian shares gain
European stocks extended a seven- week high, led by equities from the regions periphery. US index futures were little changed before the release of minutes from the Federal Reserves last policy meeting.
Greek bond yields buck the trend
Yields on most lower-rated eurozone bonds fell on Monday after European Central Bank President Mario Draghi said unconventional monetary policy measures could include buying sovereign bonds.
Draghi also said the ECB will continue to do whatever it takes within its mandate to save the euro and reiterated the single currency was irreversible.
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ECB warned eurozone inflation, growth to be lower than expected
A large group of professional forecasters cut their outlook for eurozone inflation and growth, underlining a trend that could prompt the European Central Bank to take more policy action to kick-start the region's flagging economy.