Euro Zone as a Whole

Factbox: Facebook’s cryptocurrency Libra and digital wallet Calibra

Factbox: Facebook’s cryptocurrency Libra and digital wallet Calibra

Published 13/09/2019

SAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc (FB.O) revealed lofty plans to establish a cryptocurrency called Libra in June, but the project quickly ran into [more…]

Draghi ties Lagarde’s hands with promise of indefinite stimulus

Draghi ties Lagarde’s hands with promise of indefinite stimulus

Published 12/09/2019

FRANKFURT (Reuters) - European Central Bank chief Mario Draghi pledged indefinite stimulus on Thursday to revive an ailing euro zone economy, tying the hands of [more…]

ECB’s tiered rate is cold comfort for euro zone banks

ECB’s tiered rate is cold comfort for euro zone banks

Published 12/09/2019

FRANKFURT (Reuters) - The European Central Bank is giving euro zone banks a small reprieve from a penalty charge on their idle cash but this [more…]

Highlights: Draghi comments at ECB press conference

Highlights: Draghi comments at ECB press conference

Published 12/09/2019

FRANKFURT (Reuters) - The European Central Bank approved a fresh stimulus package as expected on Thursday, cutting interest rates and approving a new round of [more…]

ECB cuts key rate, to restart bond purchases

ECB cuts key rate, to restart bond purchases

Published 12/09/2019

FRANKFURT (Reuters) - The European Central Bank approved a fresh stimulus package as expected on Thursday, cutting interest rates and approving a new round of [more…]

ECB gives banks relief from penalty rate with tiered system

ECB gives banks relief from penalty rate with tiered system

Published 12/09/2019

FRANKFURT (Reuters) - Euro zone banks will be exempted from paying the European Central Bank a penalty charge on idle cash worth six times their [more…]

ECB Draghi: Euro area economy in period of ‘protracted weakness’

ECB Draghi: Euro area economy in period of ‘protracted weakness’

Published 12/09/2019

FRANKFURT (Reuters) - European Central Bank President Mario Draghi said on Thursday that the euro zone economy was in a period of “protracted” economic weakness, [more…]

Merkel still sees every chance of orderly Brexit

Merkel still sees every chance of orderly Brexit

Published 11/09/2019

BERLIN (Reuters) - German Chancellor Angela Merkel said on Wednesday there was still every chance for Britain’s divorce from the European Union to take place [more…]

Yen falls as risk appetite rebounds before central bank meetings

Yen falls as risk appetite rebounds before central bank meetings

Published 11/09/2019

LONDON (Reuters) - The Japanese yen fell on Wednesday as the rush into safe-haven assets during the summer continued to unwind on the back of [more…]

Merkel: Economic situation means German tax revenues could fall

Merkel: Economic situation means German tax revenues could fall

Published 11/09/2019

BERLIN (Reuters) - Chancellor Angela Merkel said on Wednesday that the current economic situation in Germany meant tax revenues could come in lower than expected. [more…]