Tag: European Central Bank

Europe takes another step toward introducing digital euro

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The European Central Bank said Wednesday it is launching a two-year investigation on whether to introduce a digital version of the euro that would...

Europe’s central bank intensifies focus on climate change

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FRANKFORT, Germany — The European Central Bank has adopted a new approach to managing the economy that would allow the bank to tolerate transitory...

Can pandemic recovery plan end Italy’s years of stagnation?

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MILAN — The COVID-19 pandemic hit Italy especially hard, killing more than 127,000 people and sending the European Union's third-largest economy into a devastating...

Europe’s stimulus likely to keep running as economies reopen

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FRANKFURT, Germany — The European Central Bank is expected to leave its stimulus efforts running at full steam Thursday — even as the economy...

EU launches proceedings over top German court’s ECB ruling

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BERLIN — The European Union on Wednesday launched proceedings against Germany over a ruling by the top German court last year on a European...

Eurozone inflation rebounds to 2.0% on higher energy prices

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FRANKFURT, Germany — Eurozone inflation rose to 2.0% in May, driven higher by rising oil prices as other inflationary pressures appeared to remain subdued....

ECB sees elevated risks to financial stability in Europe

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FRANKFURT, Germany — The European Central Bank says risks to the stability of companies, banks and financial markets remain “elevated” due to the uneven...

Italy’s Draghi presenting ‘epochal’ virus recovery plan

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ROME — Italian Premier Mario Draghi is presenting a 222.1 billion euro ($268.6 billion) coronavirus recovery plan to Parliament on Monday, aiming to not...

With Europe’s economy lagging, ECB to keep stimulus running

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FRANKFURT, Germany — The European Central Bank is expected to signal Thursday that even if inflation rises later this year it won't consider cutting...

German court refuses effort to block EU recovery fund

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FRANKFURT, Germany — Germany's top court has refused to issue an injunction blocking the country's participation in the European Union's 750 billion-euro (more than...