Euro-area economic growth slowed to start the year, keeping pressure on the European Central Bank to act as soon as tomorrow to spur the fragile recovery and spark prices.
European Central Bank President Mario Draghi signaled he’d rather use interest rates than the printing press to bolster growth as the debt crisis drags the euro-area economy toward recession.
Mario Draghi sees reason to be ``optimistic” about the euro-area financial crisis now that he's committed the European Central Bank’s balance sheet to ending it.
The European Central Bank has to decide how big a threat Italy poses to Europe’s recovery.
The Swiss franc’s rebound from a three-month low against the euro shows that even bank charges for deposits and a lull in Europe’s debt crisis can’t deter demand for the currency.
Jens Weidmann might not be as defeated as it seems.
The European Central Bank left interest rates on hold as it gauges how big a threat Italy poses to the economic recovery.
German business confidence rose to the highest level in 16 months in August, beating forecasts and indicating that the recovery in Europe’s largest economy is gathering pace. A measure of construction activity fell.
Central banks are digging deeper into their tool kits in search of innovative ways to unclog bank lending and keep a weakening world economy afloat.
German investor confidence unexpectedly rose to a three-year high in March, suggesting Europe’s largest economy will return to growth.