European Central Bank

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.

The Bulgarian National Bank (BNB) has warned against proposals to amend the Law on Bank Deposits tabled by the socialist opposition.

In a statement to the media the BNB said Thursday the idea to secure additional money for the Bulgarian Deposit Insurance Fund to withstand a crisis is not in line with the principles of the currency board and also the rules of the European Union.

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.

European Central Bank funding to Greek banks rose 3 percent in October, Greek central bank data showed on Wednesday.

ECB funding rose to 43.85 billion euros last month from 42.56 billion euros in September.

Greek banks have reduced their exposure but still depend on ECB funding for liquidity.

Small and medium-sized companies in Greece have the highest need for bank funding in the eurozone, but find it hard to get, a survey by the European Central Bank and the European Commission showed on Wednesday.

The European Central Bank aims to increase the size of its balance sheet toward the levels of 2012, ECB President Mario Draghi said on Thursday, repeating language that has annoyed some policymakers at the bank by essentially setting a target for the expansion.

The euro edged higher and European stocks pulled back on Thursday as investors waited to see what message ECB chief Mario Draghi will send after the European Central Bank's monthly meeting, following another run of poor eurozone data.

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Greece can use the remaining 11.5 billion euros ($14.4 billion) in its bank rescue fund as a precautionary credit line when it exits its EU/IMF bailout, the country's central bank chief told Greek newspaper Ta Nea on Wednesday.

The Single Supervisory Mechanism (SSM) has not received a notice from Bulgaria saying it would like to be part of it, its head Danièle Nouy told MEPs on Tuesday.

Nouy however stressed the newly-established body was ready to cooperate if asked.

NICOSIA - The eurozone risks a loss of economic momentum and a delayed recovery unless governments match the European Central Bank's monetary stimulus with fiscal and structural policies to support growth, ECB policymaker Benoit Coeure said on Tuesday.