A year on, Mario Draghi's 'save the euro' pledge remains untested

FRANKFURT: A year after Mario Draghi vowed to do "whatever it takes" to save the euro, the European Central Bank president can claim to have staved off disaster - but he may have to back up his words with action before long.

ECB says first Cyprus bailout plan 'not smart'

The initial plan to make small savers pay for the Cyprus bailout was "not smart", the European Central Bank (ECB) president has said. ECB president Mario Draghi said a proposal to make "insured depositors" pay did not come from the ECB, the European Commission or the IMF.

Currency war talk caps moves in euro, shares

LONDON (Reuters) - The euro hovered just above a two-week low against the dollar while world shares lost ground on Monday, as growing talk of currency wars unsettled investors.

ECB's Asmussen Says Euro-Zone Periphery Still Challenged

A number of states in the euro zone's periphery are still suffering from weak economies and fiscal challenges, despite recent progress, Joerg Asmussen, executive board member of the European Central Bank, said in an interview with Germany's Sueddeutsche Zeitung published Wednesday.