ECB cancels soft treatment of Greek debt in warning to Athens
The European Central Bank abruptly cancels its acceptance of Greek bonds in a bid to isolate the country until it strikes a new reform deal.
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Thousand of anti-capitalist protesters clash with police in Frankfurt, Germany ahead of the official inauguration of the European Central Bank’s new headquarters.
The European Central Bank abruptly cancels its acceptance of Greek bonds in a bid to isolate the country until it strikes a new reform deal.
The European Central Bank enters the last chance saloon as it prepares to pump over one trillion euros into the Eurozone’s fragile economy – can it possibly work?
The European Central Bank will pump 1.1tn euros (£840bn) into financial markets until September 2016 in a last-ditch attempt to prevent the fragile eurozone economy from grinding to a halt.
Thousands of people march in capitals across Europe calling for an end to austerity measures imposed by the European Union, the International Monetary Fund and the European Central Bank.
The European Central Bank admits the eurozone economy is in worse shape than previously acknowledged and cuts its growth forecast.
Stock markets plunged and the cost of borrowing in Spain and Italy went up as the European Central Bank President Mario Draghi disappointed markets with a non-committal press conference.
It was a far bolder speech than I expected from the PM to the capital of capitalism. He described himself as a “monetary radical”, which is a reference to the £275 billion of QE, and presumably the soon-to-be launched credit easing policy. It was a contrast with the European Central Bank and its lack of bazooka.
Fears of another credit crunch are eased slightly as banks take up almost 490bn euros in loans from the European Central Bank.
Angela Merkel says EU leaders have a “duty” to come to an agreement ahead of the EU summit in Brussels, as the European Central Bank drops interest rates to try and rescue EU banks.
German politicians, reared on the cult of low debt and low inflation, fear that the European Central Bank is losing its Bundesbank DNA, blogs Faisal Islam.
As Germany says the European Central Bank does not have “unlimited firepower” to come to the aid of indebted countries, an economist tells Channel 4 News it must do.
The European Central Bank is in crisis after Juergen Stark resigns, apparently in protest at the bank’s controversial policy of buying bonds issued by ailing eurozone members.
As the European Central Bank prepares for emergency talks, David Cameron joins world leaders in a battle to calm economic fears ahead of stock markets opening on Monday.
On top of the decision to make around half a trillion euros available in loans and loan guarantees for Europe’s Mediterranean fiscal defences, probably the biggest factor was the Frankfurt based European Central Bank’s decision to buy eurozone government debt, writes Faisal Islam.