Euro Zone as a Whole

Explainer: Euro zone eyes package to support economy against coronavirus

Explainer: Euro zone eyes package to support economy against coronavirus

Published 01/04/2020

BRUSSELS (Reuters) - With the euro zone economy in need of help from the coronavirus pandemic, officials have until April 9 to design a package [more…]

IMF says ECB, ESM support key to strong EU coronavirus response

IMF says ECB, ESM support key to strong EU coronavirus response

Published 30/03/2020

WASHINGTON (Reuters) - The International Monetary Fund said on Monday the relaxation of the euro zone’s fiscal rules and support from the European Central Bank [more…]

ECB tells euro zone banks to skip payouts as virus hits economy

ECB tells euro zone banks to skip payouts as virus hits economy

Published 27/03/2020

LONDON/FRANKFURT (Reuters) - The European Central Bank told euro zone banks on Friday to skip dividend payments and share buybacks until October at the earliest [more…]

For ECB, coronabonds could be shield against legal challenges

For ECB, coronabonds could be shield against legal challenges

Published 25/03/2020

FRANKFURT (Reuters) - European Central Bank President Christine Lagarde has a concrete reason for putting pressure on euro zone governments to finance the fight against [more…]

Exclusive: ECB’s Lagarde asked euro zone ministers to consider one-off ‘coronabonds’ issue – officials

Exclusive: ECB’s Lagarde asked euro zone ministers to consider one-off ‘coronabonds’ issue – officials

Published 25/03/2020

BRUSSELS/FRANKFURT (Reuters) - European Central Bank chief Christine Lagarde asked euro zone finance ministers during a videoconference on Tuesday evening to seriously consider a one-off [more…]

EU states agree to suspend airline slot requirements until October

EU states agree to suspend airline slot requirements until October

Published 20/03/2020

BRUSSELS (Reuters) - The EU agreed on Friday to suspend requirements that oblige airlines to use at least 80% of their take-off and landing slots [more…]

EU executive supports all tools to mitigate coronavirus impact on economy

EU executive supports all tools to mitigate coronavirus impact on economy

Published 20/03/2020

BRUSSELS (Reuters) - The European Commission supports all tools that would help mitigate the negative impact of the coronavirus epidemic on the EU economy, the [more…]

Get your act together against virus, ECB policymakers tell governments

Get your act together against virus, ECB policymakers tell governments

Published 20/03/2020

FRANKFURT (Reuters) - Euro zone governments should “get their acts together” and respond to the coronavirus pandemic and its economic fallout in a bold and [more…]

ECB to print 1 trillion euro this year to stem coronavirus rout

ECB to print 1 trillion euro this year to stem coronavirus rout

Published 19/03/2020

FRANKFURT (Reuters) - The European Central Bank launched 750 billion euro emergency bond purchase scheme in a bid to stop a pandemic-induced financial rout from [more…]

Deutsche Bank expects German economy to contract 4%-5% in 2020

Deutsche Bank expects German economy to contract 4%-5% in 2020

Published 19/03/2020

LONDON (Reuters) - Deutsche Bank slashed its forecast for Germany’s economy on the coronavirus fallout, saying it now expected the euro zone’s largest economy to [more…]