Posts Tagged ‘Central’

European Central Bank (ECB) head Mario Draghi reportedly working on an unlimited, sterilized bond buying plan

To help troubled euro zone countries like Spain and Italy lower their cost of borrowing, European Central Bank (ECB) head Mario Draghi is reportedly pushing for a plan to purchase unlimited amount of their government bonds. Draghi is expected to present his plan for approval by the ECB’s governing council. Article © AHN – All […]

ECB president Mario Draghi raises possibility of 3-year government bond purchases

Nathan Andrada – Fourth Estate Cooperative Contributor Brussels, Belgium (4E) – European Central Bank (ECB) president Mario Draghi has once again made remarks that support a move by the bank to help struggling euro zone countries through purchase of government bonds that have maturity of three years or less. Several European MPs have revealed that […]

European Central Bank (ECB) president Draghi readies bond buying plan but offers no specifics

Nathan Andrada – Fourth Estate Cooperative Contributor Frankfurt, Germany (4E) – European Central Bank (ECB) president Mario Draghi on Thursday revealed the possibility of the ECB intervening in the bond market to battle the crisis, although he never offered any concrete action. People expecting for a grand solution were left disappointed by Draghi’s statement in […]

Stocks bounce back in Europe, Asia and the US

Jerimiah Yap – Fourth Estate Cooperative Writer London, United Kingdom (4E) – WIth the way the stock market bounced back the past two days, it seems Europe is on its way to recovery. For the second consecutive day, European stocks gained and companies posted earnings. The Stoxx Europe 600 Index climbed to 0.4 percent from […]

European Central Bank leaves key interest rate unchanged

European Central Bank (ECB) officials left the benchmark interest rate of 1 percent unchanged. The bank has not changed the rate since November. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Europe Stocks Drop as ECB Loans Fail to Ease Debt-Crisis Concern

European stocks fell for the first time in three days as lenders sought more funds from the European Central Bank than economists had predicted, reducing optimism that the debt crisis will be contained. View full post on Finance Stories

ECB announces $53 billion available to banks for loans

European Central Bank officials are offering new emergency loans to banks in an effort to add stability during the ongoing eurozone financial crisis. View full post on Banking Stories

Treasury 10-Year Yields Rise Most Since July on European Outlook

Treasuries dropped, pushing 10-year note yields up the most in more than two months, after the European Central Bank coordinated with the Federal Reserve and other central banks to maintain liquidity for the euro area’s financial institutions. View full post on Finance Stories

European Central Bank, Bank of England won’t raise interest rates

The European Central Bank (ECB) kept its benchmark eurozone interest rates at 1.5 percent and said it plans to offer more loans to banks while Bank of England officials kept interest rates at 0.5 percent. View full post on Banking Stories

European Central Bank hikes rate

The European Central Bank hiked a key interest rate Thursday, focusing on inflation concerns despite the region’s debt crisis. View full post on Canada Business Stories