ECB fully committed to aiding the eurozone economy with bond purchases but warns that a full recovery will need time, chief economist says
The European Central Bank is fully committed to guiding the eurozone economy to recovery even…
Pandemic plunges eurozone economy into historic recession
The coronavirus pandemic has plunged the eurozone economy into a historic recession with Spain suffering…
ECB suggests banks extend dividend ban
The eurozone’s top supervisor extended a ban on dividends and share buybacks by three months…
Europe’s housing market shows signs of recovery
Mortgage lending rises after lockdowns lift but fears of fresh downturn linger When swaths of…
Eurozone achieves record resurgence of retail sales in May, with Malta’s retails sales increasing by 11.4%
Consumers in the Eurozone managed to flock towards the shops with lockdowns being eased in…
Banks rush to borrow record €1.3 trillion at negative rates from ECB
First time major central bank has offered such loans Banks have rushed to borrow a…
ECB boosts pandemic stimulus programme by €600bn
ECB President Christine Lagarde The European Central Bank intensified its response to the coronavirus recession…
EU legal action vs Germany would weaken the Union
European Union legal action against Germany over a ruling by the country’s top court that…
ECB President Lagarde urges eurozone to launch joint fiscal stimulus
Christine Lagarde, president of the European Central Bank, has implored eurozone governments to come up…
Euro zone manufacturing collapses in April as virus spreads: PMI
Manufacturing activity in the euro zone collapsed last month as government-imposed lockdowns to stop the…