EUROPE has betrayed Ireland over commitments to ease the cost of saving banks, opposition politicians have claimed. The allegation was levelled after European Commission chief Jose Manuel Barroso claimed that Ireland was the cause of the euro crisis, not the ...
The European Union have agreed blueprint to close failing banks but stopped short of a more ambitious plan for the euro zone to unite in tackling its troubled lenders. More than five years since a financial crisis struck, Europe is ...
Atlas Mara, a new investment company backed by the former boss of Barclays Bob Diamond, said it had raised $325 million by listing on the London Stock Exchange and planned to build a new financial services business in Africa. Diamond ...
The European Central Bank is ready to intervene if inflation remains low for too long, President Mario Draghi has said, adding that he was certain the eurozone will escape the fate of Japan. However Draghi, pictured, kept his cards close ...
FRANKFURT (Reuters) - Banks will return 20.7 billion euros of crisis loans early to the European Central Bank next week, the ECB said on Friday, much more than forecast by traders in a Reuters poll as lenders get into shape ... FULL ARTICLE AT Reuters.co.uk
European leaders have put the economic crisis behind them by agreeing a landmark bank deal, but stumbled on deeper economic reforms and defence policy, highlighting the tough road to greater EU integration. FULL ARTICLE AT EUbusiness
The European Union have agreed blueprint to close failing banks but stopped short of a more ambitious plan for the euro zone to unite in tackling its troubled lenders. More than five years since a financial crisis struck, Europe is ... FULL ARTICLE AT The Irish Independent
The European Union took a historic leap towards greater integration just hours ahead of a summit on Thursday, with a deal on a banking union to prevent a re-run of the eurozone's recent crisis. FULL ARTICLE AT EUbusiness
European Union finance ministers are under pressure to reach a deal on a centralized system to identify and close down failing banks this year. Governments remain divided on a number of issues, above all whose taxpayers might be on the ... FULL ARTICLE AT The Wall Street Journal
New bank regulations designed to prevent a global financial crisis such as hit international markets in 2008 have resulted in European banks losing more than $1 trillion of their assets in the last two years, according to the European Banking ... FULL ARTICLE AT International Business Times
[...] it said a "polarized atmosphere" among political parties could limit the benefits generated from years of austerity that have seen an improvement in Greece's public finances — the country is soon expected to be running a so-called budget surplus, before ... FULL ARTICLE AT Seattle Post Intelligencer
The European Central Bank is ready to intervene if inflation remains low for too long, President Mario Draghi has said, adding that he was certain the eurozone will escape the fate of Japan. However Draghi, pictured, kept his cards close ... FULL ARTICLE AT The Irish Independent
Sabine Lautenschlaeger, a German bank supervision expert with no monetary policy record, is an early favourite to replace Joerg Asmussen on the ECB's executive board after his decision to leave early to spend more time with his family. Ms ... FULL ARTICLE AT The Irish Independent
Austerity was essential in tackling the debt crisis in the eurozone, according to European Central Bank boss Mario Draghi. In an interview with French newspaper 'Le Journal du Dimanche', the top banker said that the world before 2010 was "unreal ... FULL ARTICLE AT The Irish Independent
Ireland will continue to fight European finance chiefs for a deal on its legacy bank debt, the country's finance minister has said. As the once financially crippled nation marked its exit from the EU/IMF 85 billion euro loan ... FULL ARTICLE AT The Irish Independent
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The European Central Bank (ECB) is one of the world's most important central banks, responsible for monetary policy covering the 16 member States of the Eurozone. It was established by the European Union (EU) in 1998 with its headquarters in Frankfurt, Germany.
The predecessor to the ECB was the European Monetary Institute (EMI). It was established at the start of the second stage of the EU's... Full Article At Wikipedia.org