05/09/2011 | World

ECB tells EU to step up reforms, says bond-buying temporary

The current and incoming head of the European Central Bank demanded that European governments quickly implement a strengthening of a regional bailout fund and press ahead with wider reforms.

03/11/2011 | World

ECB cuts rates to 1.25% in surprise move

The European Central Bank cut its main interest rate by 25 basis points to 1.25 percent as the euro zone's worsening debt crisis outweighed the concern over persistently high inflation.

18/11/2011 | World

ECB chief urges action on rescue fund

European Central Bank chief Mario Draghi told euro zone governments to act fast to get their rescue fund up and running, expressing exasperation at their lack of progress in response to an escalating debt crisis.

06/12/2011 | World

Geithner backs EU crisis plan, stresses ECB role

US Treasury Secretary Timothy Geithner threw his weight behind a Franco-German plan to tackle the euro zone's sovereign debt crisis and said the European Central Bank had to play a major role in any solution.

19/12/2011 | World

EU leaders discuss IMF measures to create firewall against debt crisis

European finance ministers discussed ways of boosting IMF resources to build a better firewall against the debt crisis today, while also assessing plans for tighter euro zone fiscal rules that they hope will prevent the problems from worsening.

27/01/2012 | World

ECB's Draghi: liquidity measures avert euro zone crunch

The European Central Bank's loans to banks have averted a major credit crunch but credit remains seriously impaired in parts of the euro area, ECB President Mario Draghi said at the World Economic Forum in Davos.

09/02/2012 | World

ECB's Draghi sees some signs of euro zone stabilisation

Tentative signs of stabilisation in the euro zone economy remained over the past month but uncertainty remains high, European Central Bank President Mario Draghi said today after the ECB held interest rates at a record low of 1.0 percent.

29/02/2012 | World

Banks gorge on 530 billion euros of ECB 3-year funds

Banks grabbed 530 billion euros at the European Central Bank's second offering of cheap three-year funds today, fuelling hopes that more credit will flow to businesses and government borrowing costs will ease further.

08/03/2012 | World

European Central Bank slashes euro zone's growth forecast

The European Central Bank lowered its euro zone growth forecast after holding interest rates at record lows today, and said things would have been much worse without its dramatic action to pump a trillion euros into the banking system.

13/03/2012 | World

ECB Draghi: 'We are alert to the risk of inflation although it's not materializing'

European Central Bank President Mario Draghi said today that the euro zone's economy appears to be stabilizing but inflation risks were not currently materializing as a large output gap remained.

04/04/2012 | World

ECB's Draghi: Exit strategy talk is premature

ECB President Mario Draghi said today that the euro zone inflation outlook did not warrant a retreat from loose monetary policy given the poor state of the bloc's economy.

15/06/2012 | World

ECB's Draghi flags euro risks, but no inflation threat

The euro zone economy faces serious risks and no inflation threat, European Central Bank President Mario Draghi said today in comments that heightened expectations the ECB could cut interest rates or take other policy action soon.

29/06/2012 | World

Draghi says EU crisis summit delivered 'tangible' results

European Central Bank President Mario Draghi said he was pleased with steps taken at a summit of EU leaders, including a decision to allow direct recapitalisation of banks, but added that future aid must be tied to strict conditions.

05/07/2012 | World

ECB cuts rates to new low, no move on bolder measures

The European Central Bank cut interest rates to a record low today to breathe life into a deteriorating euro zone economy but steered clear of more dramatic measures such as buying government bonds or flooding banks with fresh liquidity.

30/07/2012 | World

EU investigates ECB's Draghi following complaint

The European Union's internal watchdog has launched an investigation of European Central Bank President Mario Draghi following a complaint of conflict of interest, the institution's spokeswoman said.

01/08/2012 | World

ECB's Draghi faces leadership test over euro pledge

European Central Bank President Mario Draghi faces intense pressure from investors, European leaders and even the United States to deliver on his pledge to do whatever it takes to save the euro.

02/08/2012 | World

After keeping interest rates on hold, ECB Draghi warns euro zone growth weak

Euro zone economic growth is weak and uncertainty about the outlook is weighing on confidence in the bloc, European Central Bank President Mario Draghi said after the ECB kept interest rates on hold.

02/08/2012 | World

IMF welcomes ECB’s new aim at crisis

In response to queries regarding the European Central Bank’s latest policy meeting, the IMF came to stage to back ECB’s President Mario Draghi, who announced today they will gear up to buy Italian and Spanish bonds on the open market but would only act after euro zone governments have activated bailout funds to do the same.

08/08/2012 | World

Global shares end flat as investors await central bank moves

The Standard & Poor's 500 just barely extended a streak of gains to a fourth day, ending above 1,400 in another thinly traded session. Meanwhile, European shares held near four-month highs with gains in miners and the scandal-hit banking sector.

06/09/2012 | World

ECB cuts growth forecasts, see only gradual recovery

The euro zone economy will probably contract more than previously expected this year, according to new European Central Bank staff forecasts which also raised the bank's outlook for inflation for 2012/2013.

04/10/2012 | World

ECB holds rates, Draghi eyed on Spain

The European Central Bank kept its interest rates on hold today as markets awaited signals from its President Mario Draghi about when he might pull the trigger on his new bond-buying plan.

08/11/2012 | World

ECB holds rates, waits for call to unlock bond plan

The European Central Bank held its main interest rate at 0.75 percent, deferring any cut in borrowing costs while it assesses the extent of the euro zone's economic downturn and waits for a cue to use its new bond-purchase program.

08/11/2012 | World

Draghi: economic outlook weak, not improving

The European Central Bank expects the euro zone economy to remain poor, ECB President Mario Draghi said after the bank left interest rates unchanged today.

30/11/2012 | World

Draghi: euro zone set for second-half 2013 recovery

European Central Bank President Mario Draghi said that budgetary consolidation in the euro zone would entail a short-term economic impact but the bloc was on track for a recovery in the second half of 2013.

07/02/2013 | World

ECB holds rates at 0.75%

07/02/2013 | World

ECB says will monitor impact of euro strength

The European Central Bank will monitor the economic impact of a strengthening euro, ECB President Mario Draghi said today, feeding expectations the climbing currency could open the door to an interest rate cut.