ECB

ECB leaves benchmark interest rate on hold at 0 per cent

The European Central Bank left both its key interest rates and its daily bond-buying programme on hold Thursday saying that borrowing costs in the eurozone will remain at their current level for a...

ECB on hold as it sizes up fallout from Brexit

The European Central Bank is expected to announce Thursday that it has decided against any changes to monetary policy as it faces up a fragile global political and economic outlook triggered in...

Slovenia refutes Draghi's accusations

Slovenia's law enforcement authorities on Thursday contested claims made by European Central Bank (ECB) governor Mario Draghi on the Slovenian police having encroached on the internal system of...

Italy's bank crisis plans under scrutiny as ECB ups pressure on MPS

Shares in Monte dei Paschi di Siena (MPS) fell sharply on Monday on reports that the European Central Bank (ECB) wants the troubled Italian lender to reduce its exposure to bad loans, piling the...

Eurozone inflation edges back into positive territory in June

Eurozone inflation moved back into positive territory in June, increasing for the first time since January, according to data released on Thursday.

Draghi: ECB is ready for "all contingencies" after British referendum

The European Central Bank (ECB) is "ready for all contingencies" following this week's referendum on Britain's future in the European Union, its chief Mario Draghi said Tuesday.

ECB urges Croatia to apply resolute consolidation strategy

The Convergence Report reads that Croatia's general government deficit and public debt in 2015 were not in compliance with the Maastricht Criteria which insist on a deficit below 3 percent of...

ECB holds rates at record low but tipped to raise inflation forecast

The European Central Bank says that it has left its benchmark interest rate on hold at zero, as it sizes up the impact of the raft of bold monetary measures it has recently introduced in a bid to...

ECB set to hold rates but raise inflation forecast

The European Central Bank is set to announce on Thursday that it is leaving its benchmark interest rates on hold at historic lows but raising its inflation forecast in the wake of the recent spike...

ECB tipped to raise inflation forecasts after spike in oil prices

The recent spike in oil prices could open the way for the European Central Bank to revise up its inflation forecast when it meets this week.

Amendments on central bank law to be discussed after ECB position

A bill of amendments to the Croatian National Bank Act (HNB) which, among other things, would enable the State Audit Office to audit the work of the central bank, will be discussed only when the...

ECB announces withdrawal of 500-euro banknotes

The European Central Bank (ECB) agreed on Wednesday to withdraw from circulation the 500-euro banknote because of its reputation as the preferred tool for illicit cash transactions.

ECB expected to announce withdrawal of 500-euro banknotes

The European Central Bank (ECB) is expected Wednesday to announce plans to withdraw from circulation the 500-euro banknote because of its reputation as the preferred tool for illicit cash...

Eurozone inflation slips back below zero despite ECB efforts

The prices of goods and services in the eurozone declined by 0.2 per cent year-on-year in April, a new estimate issued Friday showed, leaving the bloc with a deflation rate for the second time...

ECB chief expected to keep door open to further monetary action

The European Central Bank is expected to keep the door open to further monetary stimulus measures to help fire up the eurozone economy and boost inflation in a meeting Thursday.