Ken Wattret News
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European Central Bank Executive Board member Joerg Asmussen said the ECB has discussed buying asset- backed securities to support lending to small and medium-sized companies.
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European Central Bank President Mario Draghi is under pressure to reveal Plan B.
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The European Central Bank left interest rates on hold as policy makers weigh their options to increase stimulus.
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Mario Draghi’s brinkmanship has worked -- for now.
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Ireland has been functioning thanks to rescue loans since 2010. The government has nationalized five banks and the country’s budget deficit will exceed 8 percent of output this year, European Union forecasts show.
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Divorced and unemployed, Fran Lopez is back at home with his parents again.
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The European Central Bank will restart its controversial government bond purchases rather than offer banks another round of unlimited three-year loans as the sovereign debt crisis worsens, a survey of economists shows.
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Spanish Prime Minister Mariano Rajoy may be enjoying the European Central Bank’s emergency funds too much for Mario Draghi’s comfort.
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European Central Bank Executive Board member Benoit Coeure said he doesn’t expect much of an effect on overnight interbank rates from early repayments of three-year loans to banks that can begin as soon as this month.
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Central bankers are finding it easier to support their economies than to spur expansion as the prospect of Japanese-like lost decades looms across the developed world.
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