Add To Watchlist

ECB

The Wire

ECB: some risks to banking system persist

The European Central Bank said Monday that some significant risks and vulnerabilities in the economy and markets persist which could continue to have adverse effects on banks and financial markets.

ECB to relaunch bid process for building new HQ

The European Central Bank will reopen the bidding process for companies that want a hand in building its new headquarters.

After 10 years, ECB vigilant over Europe

The European Central Bank celebrates its 10th birthday Monday with its reputation burnished by a steadfast stance on interest rates and quick action to supply banks with cash during the credit crisis over mortgage-backed securities.

ECB to Offer Up to $20B in Dollars

The European Central Bank said Wednesday it would make as much as $20 billion available to European banks, in part to fill their demand for scarce dollars, as part of coordinated action with the U.S. Federal Reserve and other central banks.

The Vine
No IMF Aid. EU to Solve Greek Financial Fiasco Alone - SPIEGEL ONLINE
Source: SPIEGEL ONLINE

A growing roster of central bankers and politicians are opposed to the idea of an IMF bailout for Greece. They argue it would violate European Union law and that the bloc is big enough to solve the problem on its own.

No English names on new IPL auction list
Source: Cricinfo

There are no English names in the IPL's list of the 51 players who will be involved in the auction for the 2010 season. Lalit Modi, the IPL commissioner, told Cricinfo this is because of "new conditions imposed by the ECB".

ICL fires legal salvo against ECB, BCCI & ICC - dnaindia.com
Source: dnaindia.com

The Indian Cricket League (ICL) has dashed off legal notices to the Board of Control for Cricket in India (BCCI), the International Cricket Council (ICC) and the England and the Wales Cricket Board (ECB), stating that the 'boycott' of the players associated with the ICL was "ille …

Overvalued euro set to plunge 'within months'
Source: Telegraph

Spread betting companies have reported a huge wave of short euro trades in the last two weeks, leading to speculation that a significant correction in the currency will come in the next few months.

Cricinfo - England could host Pakistan Tests
Source: Cricinfo

Giles Clarke, the ECB chairman, has floated the idea that England could host Test matches for Asian countries who struggle to fill their grounds, or fail to attract opposition in the first place owing to security fears.

Swimming in Molasses

The headline was fun. Its unpleasant word picture is something else entirely, yet we find more and more swimmers jumping into the sticky pool every day and having a slow go. The stickiness is called deflation, or economic lethargy, or even despair.

Fed, ECB, Central Banks Cut Rates in Coordinated Move
Source: Bloomberg.com

The Federal Reserve, European Central Bank and four other central banks lowered interest rates in an unprecedented coordinated effort to ease the economic effects of the worst financial crisis since the Great Depression.

Financial crises spread in Europe
Source: International Herald Tribune

European nations scrambled on Sunday night to prevent a growing credit crisis from bringing down major banks and alarming savers as troubles in financial markets spread around the world, accelerating economic downturns on three continents.

ECB doyen Otmar Issing calls crisis "extremely dangerous"
Source: Telegraph

"Otmar Issing, the former chief economist of the European Central Bank, has warned that confidence in the world's financial system is draining away, leaving authorities facing the gravest challenge in living memory.

Can Buba-ism do for Europe what it did for Germany?
Source: MarketWatch.com

When it came to spreading Socialism around the world after the Bolshevik Revolution, the 20th century's two epic Communist leaders were in complete disagreement.

The Evil Empire Bulletin - June-2, 2008

Latest depressing news from the newly forming Communist state.

Urgent need to cash out web earnings

At the moment we are waiting to see, how much FED will low the interest rates. The average estimation is one percent from 3% to 2%.

Soaring euro threatens European jobs exodus
Source: Telegraph

The euro has surged to an all-time high of $1.51 against the dollar, prompting bitter complaints from European industry and setting off a sharp sell-off in sovereign bonds from southern states deemed least able to withstand a super-strong currency.

A Giant Leap for the ECB, a Small Step towards Lower Interest Rates
Source: Action Forex

While the European Central Bank kept its key rates unchanged today, comments made by its president, Jean Claude Trichet, will serve to increase expectations that the ECB could cut rates in the not too distant future. As a first step, Mr.

Investors stunned by ECB's €350bn
Source: FT.com

This is a massive injection of liquidity into the markets and is indicative both of the serious intent of the ECB to take whatever actions is needed...and the sheer scale of the problem.

ECB opens cash taps to fight credit crisis
Source: Agence-France Presse

The European Central Bank extended unlimited amounts of two-week cash to the markets Tuesday, an unprecedented step aimed at easing a global credit squeeze that risks choking off the commercial bank lending on which business depends.

International Financial Markets Crisis - France's government versus the European Central Bank
Source: Euractive Newsletter

French President Nicolas Sarkozy questions the ECB's monetary policy and its actions to stem off the recent financial turmoil.

ECB remains the interest rates

At today's meeting ECB decided to remain the minimum bid rate on the main refinancing operations and the interest rates unchanged at 4.00%, 5.00% and 3.00%. Besides that, ECB keeps on loaning money on the markets, today 42 billion euros.

Warne faces one-match ban after new ECB charge - Times Online
Source: The Times

Shane Warne is facing an ECB disciplinary hearing next week over allegations that he verbally abused members of the crowd during Hampshire's narrow Pro40 first division defeat by Sussex at Hove this month.

ECB Injects Cash for Third Day to Avert Credit Crunch (Update5)
Source: Bloomberg.com

Aug. 13 (Bloomberg) -- The European Central Bank added emergency funds to the banking system for a third trading day and said money markets are returning to normal.

All Eyes on the ECB
Source: Business Week

Does the European Central Bank know something the rest of the world doesn't? That was the question on the minds of investors and traders in Europe on Aug.

ECB injects emergency funds for first time since 9/11
Source: Telegraph

The European Central Bank has injected emergency liquidity into the European credit markets for the first time since the 9/11 terrorist attacks, acting to prevent contagion from the US sub-prime mortgage slump spreading through the German, French, Dutch, and Spanish banking syste …

European Central Bank's Weber Sees No Room for Complacency Even as Inflation Low
Source: Bloomberg.com

June 3 (Bloomberg) -- European Central Bank council member Axel Weber said the bank cannot let down its guard even after inflation stayed below 2 percent for a ninth month in May.

Cyprus, Malta get OK to join euro zone
Source: Business Week

Cyprus and Malta cleared the first major hurdle to joining the euro currency zone on Wednesday when the European Commission and the European Central Bank backed their membership applications.

ECB's Trichet says world economy can weather market decline
Source: Bloomberg.com

March 12 (Bloomberg) -- European Central Bank President Jean- Claude Trichet said world economies are strong enough to withstand the slump in stock markets earlier this month.

This area needs news. Click here to seed the vine