Pound Gains Versus Euro as Focus Turns to Central-Bank Policy

The pound posted its longest run of gains in three weeks against the euro as investors focused on central-bank monetary policy for clues on the U.K. currency’s future path.

Greek banks face stress tests at the worst time

Plenty of dangers lie in wait for Greek banks. Already short of cash, they may need lots more when stress tests of their solvency are carried out in a month or two.

ECB agrees to more emergency loans for Greek banks

The Greek bank rescue mission is finally underway, but it is coming slowly. In a surprise announcement on Thursday, European Central Bank president Mario Draghi announced that the Greek banks would receive an additional €900-million ($1.27-billion) in emergency liquidity assistance (ELA) loans over one week.

With cash fast running out, Greek bank failures loom

The banks have been leaking cash at a rate of more than €100m a day even with capital controls that were imposed to restrict withdrawals, one banker said.

ECB’s Linde Says Negative Yields Won’t Last as Economy Recovers

European Central Bank Governing Council member Luis Maria Linde said negative yields on Spanish debt probably won’t persist as the recovery continues.

ECB deflation fears sparked QE launch

Fears of continued deflation in the euro zone spurred the European Central Bank's (ECB) Governing Council to launch its controversial quantitative easing program in January, minutes of the key policy meeting revealed.

Stocks, euro gain on European bond-buying hopes

NEW YORK (Reuters) - European and U.S. equities rose on Wednesday, lifted by reports the European Central Bank will announce a 50 billion euros per month bond-buying program to boost the euro zone's flagging economy.

ECB's Hansson says full-scale QE before Greek elections 'problematic': Bloomberg

(Reuters) - European Central Bank Governing Council member Ardo Hansson said he would find it "problematic" to announce large-scale purchases of government bonds this month that included Greek debt.

Draghi’s ‘Whatever It Takes’ Plan Faces Trial at EU Court

European Central Bank President Mario Draghi’s pledge to do “whatever it takes” with a bond-buying plan to save the euro-area goes on trial before the European Union’s top judges today.

Stronger euro justifies easier monetary policy: ECB's Coeure

(Reuters) - A stronger euro is justification for an easier monetary policy, European Central Bank executive board member Benoit Coeure said in an interview with the Robert Schuman Foundation think tank.

Factory activity in Europe, Asia cools; demand lull a concern

(Reuters) - Factory activity in Europe and Asia cooled in August after a strong July, as new orders dwindled in the face of escalating tensions in Ukraine and a patchy recovery in China, purchasing managers indexes showed.

Euro zone business growth slows in July, prices fall: PMI

(Reuters) - Euro zone private business growth slowed more than expected this month, despite widespread price cutting, as manufacturing and service industry activity both dwindled, a survey showed on Thursday.

ECB Says Search for Yield May Harm Financial Stability in Europe

The European Central Bank said that financial stability in the euro area is at risk as investors step up their search for higher returns and weak economic growth weighs on banks’ balance sheets.

ECB's Mersch: Banks need to be strong enough to meet credit demand

(Reuters) - Euro zone banks need to be strong enough to support a pick up in credit demand to keep the euro zone recovery going, European Central Bank Executive Board member Yves Mersch said on Saturday.

Mario Draghi's pillow talk keeps the euro below $1.40

That Mario Draghi, he's such a tease. Rarely has there been a central banker who can string along financial markets by talk alone and the president of the European Central Bank was at it again on Thursday.Be patient, Draghi said.

ECB President Mario Draghi asked EU to keep state aid rules for banks flexible

MILAN: Banks that are still viable but need state aid to boost their capital base should be allowed to receive help without inflicting losses on their junior bondholders, European Central Bank President Mario Draghi told the European Commission.

ECB to have more room for rate hike as crisis ebbs: ZEW economist

MANNHEIM: Growing optimism that the euro zone crisis is over the worst will give the European Central Bank more room for an earlier rise in interest rates, an economist at Germany's ZEW economic research institute said on Tuesday.

Improving economy gives ECB breathing space on rates

FRANKFURT: An apparent improvement in the eurozone economy will allow the European Central Bank to hold its fire on interest rates for the time being at its meeting this week, analysts said.

ECB searches for ways to boost sagging eurozone

FRANKFURT, GERMANY: Europe's economy badly needs a push. The European Central Bank says it stands ready to help.

ECB: Financial Sector In Best Condition Since 2011

The euro zone’s financial sector is in better health now than at any time in the last two years, the European Central Bank said Wednesday in its half-yearly Financial Stability Review.