Mario Draghi needs to show Europe that the ECB will do what’s necessary to prevent the crisis from spinning out of control. And time is running out.
Should Draghi be more like Bernanke?
Tags: ecb, europe, Mario DraghiMario Draghi needs to show Europe that the ECB will do what’s necessary to prevent the crisis from spinning out of control. And time is running out.
Should Draghi be more like Bernanke?
Tags: ecb, europe, Mario DraghiEuropean Central Bank officials voted Wednesday to hold interest rates steady, even as the debt crisis in the euro area intensifies.
ECB stands ready to act, but not yet
Tags: ecb, European Central, European Central BankAs the euro crisis moves toward a decisive moment, the European Central Bank is under renewed pressure to stabilize the troubled currency union.
A Spanish plan to recapitalise Bankia, the troubled lender, by indirectly tapping the European Central Bank for cash, was bluntly rejected as unacceptable by the ECB, European officials said.
ECB rejects Madrid plan to boost Bankia
Tags: Central Bank, ecb, European CentralEuropean Central Bank officials voted Thursday to hold interest rates steady, even as the euro area economy slides towards recession.
The European Central Bank pulled out all the stops to prevent a credit crunch by providing banks with €1 trillion in ultra-low cost financing.
Investors to ECB: 1 trillion euros is not enough
Tags: Central Bank, ecb, European Central