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Eurozone resilient despite Brexit vote says ECB's Draghi

European Central Bank head Mario Draghi says the eurozone economy is coping well with global uncertainty, including Britain's vote to leave the EU.

European Central Bank head Mario Draghi says the eurozone economy is coping well with global uncertainty, including Britain's vote to leave the EU.

Business

ECB mostly upbeat on eurozone employment

Eurozone employment is rising faster than expected according the European Central Bank's latest economic bulletin, fueled by an increase in part-time work and the service sector growing.

Eurozone employment is rising faster than expected according the European Central Bank's latest economic bulletin, fueled by an increase in part-time work and the service sector growing.

Business

Eurozone is doomed without radical reform says economist Stiglitz

As the eurozone struggles with weak growth and the threat of deflation, left-leaning economist and Nobel laureate Joseph Stiglitz told Euronews the currency bloc is doomed without radical changes.

As the eurozone struggles with weak growth and the threat of deflation, left-leaning economist and Nobel laureate Joseph Stiglitz told Euronews the currency bloc is doomed without radical changes.

Business

Nothing new from European Central Bank despite weak growth forecasts

The European Central Bank has decided it does not need to do anything more right now to stimulate the eurozone economy despite continued weak growth forecasts.

The European Central Bank has decided it does not need to do anything more right now to stimulate the eurozone economy despite continued weak growth forecasts.

Business

No new eurozone stimulus measures from the ECB for now

There was no fresh stimulus from the European Central Bank at its latest policy meeting in the face of high unemployment, weak growth and the threat of deflation in the…

There was no fresh stimulus from the European Central Bank at its latest policy meeting in the face of high unemployment, weak growth and the threat of deflation in the…

Business

Eurozone Q2 growth weakens

There was only weak growth again for the eurozone economy between April and June - up by just 0.3 percent from the previous quarter with exports the biggest contributor.

There was only weak growth again for the eurozone economy between April and June - up by just 0.3 percent from the previous quarter with exports the biggest contributor.

Business

Eurozone August business growth weaker

Business growth in the eurozone was weak in August - the most lacklustre it has been since the start of last year, according to surveys of thousands of companies.

Business growth in the eurozone was weak in August - the most lacklustre it has been since the start of last year, according to surveys of thousands of companies.

Business

Eurozone business activity still muted in July, retail sales flat

Business activity in the eurozone was slightly better than predicted in July but growth remained muted and what there was came mostly from a surge in Germany.

Business activity in the eurozone was slightly better than predicted in July but growth remained muted and what there was came mostly from a surge in Germany.

Business

Eurozone business growth weakens

Economic activity in the eurozone fell less than expected in July, but was still at its lowest since the start of 2015. The Brexit effect was not as bad as economists had feared.

Economic activity in the eurozone fell less than expected in July, but was still at its lowest since the start of 2015. The Brexit effect was not as bad as economists had feared.

Business

New 50 euro banknote to fight forgery, reaffirm ECB's commitment to cash

The European Central Bank has unveiled the design and high-tech security features for the 50 euro banknote - the most widely counterfeited bill - before it goes into circulation next April.

The European Central Bank has unveiled the design and high-tech security features for the 50 euro banknote - the most widely counterfeited bill - before it goes into circulation next April.

Business

ECB's Draghi focuses on monetary policy alignment rather than Brexit

Despite all the Brexit turmoil the European Central Bank head Mario Draghi had nothing to say about it in a major speech at an ECB forum in Sintra, Portugal on Tuesday.

Despite all the Brexit turmoil the European Central Bank head Mario Draghi had nothing to say about it in a major speech at an ECB forum in Sintra, Portugal on Tuesday.

Business

Bank of England and ECB take measures to reassure markets

The Bank of England Governor Mark Carney has said its ready to intervene and provide additional help to prop up financial markets.

The Bank of England Governor Mark Carney has said its ready to intervene and provide additional help to prop up financial markets.

Business

ECB agrees cheaper loans to fund Greek banks

The European Central Bank has agreed to accept 'junk' rated Greek debt as collateral for normal "ECB":http://www.ft.com/cms/s/0/10708ef6-387a-11e6-9a05-82a9b15a8ee7.html#axzz4CPd5i6K9 lending to banki

The European Central Bank has agreed to accept 'junk' rated Greek debt as collateral for normal "ECB":http://www.ft.com/cms/s/0/10708ef6-387a-11e6-9a05-82a9b15a8ee7.html#axzz4CPd5i6K9 lending to banki

Business

The ECB and Federal Reserve talk Brexit

The Head of the European Central Bank Mario Draghi has vowed immediate action if Britain votes to leave the EU.

The Head of the European Central Bank Mario Draghi has vowed immediate action if Britain votes to leave the EU.

Business

Draghi pushes eurozone reforms - again

The European Central Bank's Mario Draghi argues again reform is needed as well as low interest rates and money printing to get the eurozone's economy growing again.

The European Central Bank's Mario Draghi argues again reform is needed as well as low interest rates and money printing to get the eurozone's economy growing again.

Business

European Central Bank corporate bond buying starts

The European Central Bank has begun buying corporate bonds to try to get businesses to borrow and spend, which would boost the eurozone economy and cause inflation to rise.

The European Central Bank has begun buying corporate bonds to try to get businesses to borrow and spend, which would boost the eurozone economy and cause inflation to rise.

Business

ECB says growth prospect slightly better, but still many risks

ECB President Mario Draghi said the prospects for eurozone economic growth are looking slightly better this year and it's the same story for inflation, but there are still many risks.

ECB President Mario Draghi said the prospects for eurozone economic growth are looking slightly better this year and it's the same story for inflation, but there are still many risks.

Business

Tussle over 500 euro notes ends with slow phasing out

The European Central Bank will stop issuing 500 euro notes on concerns over use by terrorists and criminals, but they will be phased out only from 2018 due to resistance from Germany.

The European Central Bank will stop issuing 500 euro notes on concerns over use by terrorists and criminals, but they will be phased out only from 2018 due to resistance from Germany.

Business

ECB's Draghi defends low rates policy against German complaints

ECB head Mario Draghi has defended low interest rates following complaints from German officials, including Finance Minister Wolfgang Schauble, that they are hurting savers.

ECB head Mario Draghi has defended low interest rates following complaints from German officials, including Finance Minister Wolfgang Schauble, that they are hurting savers.

Business

Euro zone business records a bounce

A new survey indicates Euro zone business growth edged up last month from February’s 13-month low as demand weakened, particularly for services

A new survey indicates Euro zone business growth edged up last month from February’s 13-month low as demand weakened, particularly for services

Business

Cyprus starts working week out of bailout

Cyprus has kicked off the working week standing on its own two feet. Its EU bailout has officially finished, as it bounces back from financial

Cyprus has kicked off the working week standing on its own two feet. Its EU bailout has officially finished, as it bounces back from financial

Business

Eurozone lending picks up in February

Lending growth to eurozone companies and households rose at its fastest rate since late 2011 in February, but the economic recovery remains sluggish and uneven.

Lending growth to eurozone companies and households rose at its fastest rate since late 2011 in February, but the economic recovery remains sluggish and uneven.