Banking And Credit

A willingness to fix the euro's flaws is fading fast

Apr 19, 2018

When Angela Merkel was finally re-elected as Germany's leader in March, the way looked open for Europe's leaders to patch the cracks in the shared euro currency _ flaws that threatened to break the euro apart in 2010-12

Trade disputes, strong euro worrying European Central Bank

Apr 12, 2018

Top officials at the European Central Bank were concerned about a strengthening euro and the possibility of a global trade war as they decided at their last meeting to go slow in removing economic stimulus.

ECB seeks EU court ruling on Latvian central bank governor

Apr 6, 2018

The European Central Bank has asked the EU's top court to decide whether Latvian authorities breached the law by preventing the head of Latvia's central bank from doing his job while he is investigated for suspected corruption

Europe's jobless rate lowest since 2008 amid recovery

Apr 4, 2018

Unemployment in the 19 countries that use the euro has fallen to its lowest level in a decade as the region's economy benefits from waning worries over the currency union's debt problems.

Germany cuts debt load as bad bank burden shrinks

Mar 29, 2018

Germany has cut its debt load thanks to a strong economy and the diminishing burden of bailing out banks during the financial crisis

World shares waver as investors await Fed decision on rates

Mar 21, 2018

World shares waver as investors await Federal Reserve decision on interest rates

Asian stocks advance ahead of Fed meeting, Tokyo closed

Mar 21, 2018

Asian stock markets advance ahead of Federal Reserve meeting

ECB head: Higher inflation needed to end stimulus

Mar 14, 2018

European Central Bank head Mario Draghi says that the eurozone economy still faces "risks and uncertainties" and cautioned that the bank needs to see an accompanying upward trend in inflation before it can end its bond-purchase stimulus

Central banks warned to weigh risks of virtual currencies

Mar 12, 2018

A new report warns central banks should carefully weigh the risks before introducing virtual currencies using the technology that enables bitcoin

European Central Bank: Trump tariff move 'dangerous'

Mar 8, 2018

Europe's top monetary official denounced U.S. President Donald Trump's proposal to put tariffs on steel and aluminum imports as a "dangerous" unilateral move

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