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Tag Archive | "ecb"

Loans to eurozone businesses drop sharply: ECB

Wednesday, August 28, 2013

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Mario Draghi, President of the European Central Bank, ECB in Frankfurt, Germany, July 4, 2013

Lending to businesses in the debt-mired eurozone contracted sharply in July, data published by the European Central Bank showed on Wednesday, a potential source of concern for economic recovery.

ECB ‘in danger of overload’, says chief economist

Friday, July 12, 2013

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Peter Praet speaks at the German finance ministry on April 19, 2012

The European Central Bank risks being overloaded by its new and huge task of watching over banks, executive board member Peter Praet warned in a newspaper interview on Friday.

ECB to help businesses, says top central banker

Friday, May 17, 2013

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The European Central Bank headquarters on March 7, 2013 in Frankfurt am Main, western Germany

The European Central Bank is exploring ways to directly help small and medium-sized companies as a way to boost the recession-hit eurozone economy directly, said Benoit Coeure, a member of the bank's executive board.

Greek banks to be recapitalised separately: central bank

Sunday, April 7, 2013

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People walk by the Bank of Greece headquarters in Athens on December 4, 2012

Greece's central bank on Sunday said the country's main four lenders would be recapitalised separately, a move that put on hold a planned merger between two of them.

ECB threatens to pull plug on funding to Cyprus

Wednesday, April 3, 2013

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A policeman stands next to graffiti, reading "Thieves," at the Laiki (Popular) Bank in Nicosia, on March 20, 2013

The European Central Bank threatened Thursday to pull the plug on its emergency funding to Cyprus unless Nicosia can secure a bailout deal with international creditors by next week.

‘Italian job’ faces ECB at policy meeting, analysts say

Sunday, March 3, 2013

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Italy's Prime Minister Mario Monti pauses while addressing the European Competition Forum on February 28, 2013

Concerns that political gridlock in Italy could reignite the sovereign debt crisis and choke off tentative green shoots of recovery look set to dominate a European Central Bank meeting this week, analysts say.

European Central Bank’s profit rose in 2012

Thursday, February 21, 2013

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ECB president Mario Draghi at the launch of a new 5 euro note in Frankfurt on January 10, 2013.

The European Central Bank said Thursday that its net profit rose strongly last year, not least as a result of interest earned on its portfolio of sovereign bonds from crisis-ridden countries.

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