Tag: European Central Bank
Europe takes another step toward introducing digital euro
The European Central Bank said Wednesday it is launching a two-year investigation on whether to introduce a digital version of the euro that would...
Europe’s central bank intensifies focus on climate change
FRANKFORT, Germany — The European Central Bank has adopted a new approach to managing the economy that would allow the bank to tolerate transitory...
Can pandemic recovery plan end Italy’s years of stagnation?
MILAN — The COVID-19 pandemic hit Italy especially hard, killing more than 127,000 people and sending the European Union's third-largest economy into a devastating...
Europe’s stimulus likely to keep running as economies reopen
FRANKFURT, Germany — The European Central Bank is expected to leave its stimulus efforts running at full steam Thursday — even as the economy...
EU launches proceedings over top German court’s ECB ruling
BERLIN — The European Union on Wednesday launched proceedings against Germany over a ruling by the top German court last year on a European...
Eurozone inflation rebounds to 2.0% on higher energy prices
FRANKFURT, Germany — Eurozone inflation rose to 2.0% in May, driven higher by rising oil prices as other inflationary pressures appeared to remain subdued....
ECB sees elevated risks to financial stability in Europe
FRANKFURT, Germany — The European Central Bank says risks to the stability of companies, banks and financial markets remain “elevated” due to the uneven...
Italy’s Draghi presenting ‘epochal’ virus recovery plan
ROME — Italian Premier Mario Draghi is presenting a 222.1 billion euro ($268.6 billion) coronavirus recovery plan to Parliament on Monday, aiming to not...
With Europe’s economy lagging, ECB to keep stimulus running
FRANKFURT, Germany — The European Central Bank is expected to signal Thursday that even if inflation rises later this year it won't consider cutting...
With Europe’s economy lagging, ECB to keep stimulus running
FRANKFURT, Germany — The European Central Bank is expected to signal Thursday that even if inflation rises later this year it won't consider cutting...