European Central Bank

The European Central Bank (ECB) is the institution of the European Union (EU) tasked with administrating the monetary policy of the 16 EU member states taking part in the Eurozone. It is thus one of the world's most important central banks. The bank was established by the Treaty of Amsterdam in 1998, and is headquartered in Frankfurt, Germany. The current President of the ECB is Jean-Claude Trichet.

Articles About European Central Bank

Summer of discontent beckons

By Reuters UK

The late spring warmth spreading across Europe and the United States is unlikely to soothe a growing anxiety in financial markets that the global outlook is anything but balmy. (May 25)

MORE TOPICS: CHINA, MORGAN STANLEY, GERMANY, ELECTIONS, STORM, MANAGEMENT

Bankia, Catalonia pile on Spanish debt worries

By Reuters UK

Financial troubles at a big Spanish bank and one of the country's richest regions, Catalonia, piled on problems on Friday for the Madrid government and for investors who question whether it can pay its debts without help from euro zone allies. (May 25)

MORE TOPICS: EUROPEAN UNION, GDP, MANAGEMENT, INTERNATIONAL MONETARY FUND, LONDON

Spain region, Greek exit warnings rattle euro zone

By Reuters UK

Central banks and companies not bracing for a possible Greek euro exit would be making a grave error, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's deteriorating finances. (May 25)

MORE TOPICS: BNP PARIBAS, WESTPAC, PORTUGAL, ELECTIONS, NEW YORK

Persistent Greek fears hobble European equities

By Reuters

Relentless worries over a possible Greek exit from the euro zone checked European stock markets on Friday after a brief rally following sharp losses earlier in the week, and traders said markets would remain volatile over the coming month. (May 25)

MORE TOPICS: CHINA, EUROPEAN UNION, ELECTIONS, INTERNATIONAL MONETARY FUND, INVESTMENT, LONDON

Stock futures flat on concerns over Greece

By Reuters

The S&P 500 index futures were little changed on Friday as hopes that the European Central Bank could take further action to tackle the region's debt crisis were offset by fresh warnings over Greece. (May 25)

MORE TOPICS: DOW JONES, MORGAN STANLEY, FACEBOOK, MICHIGAN

Bankia set to ask Spain for more than $19 billion

By Reuters

Spain's Bankia SA <BKIA.MC> is set to ask the state for a more than 15 billion euros ($19 billion) bailout on Friday, marking another rise in the cost of a drawn-out rescue of the country's fourth-biggest bank. (May 25)

MORE TOPICS: EUROPEAN UNION, GDP, MANAGEMENT, INTERNATIONAL MONETARY FUND, LONDON

Stock futures up on ECB hopes but warnings about Greece limit gains

By Reuters

The S&P 500 index futures edged up on Friday on hopes that the European Central Bank could take further action to tackle the region's debt crisis, but gains were capped by fresh warnings over Greece. (May 25)

MORE TOPICS: DOW JONES, MORGAN STANLEY, FACEBOOK, MICHIGAN

Euro zone must head toward banking union: ECB's Praet

By Reuters

The euro zone needs to push ahead with its financial sector reform plans and create a centrally managed and funded body to handle troubled banks, a European Central Bank policymaker said on Friday. (May 25)

Eleazar David Meléndez
After Greece Exits The Euro, What's Next? An Illustrated Guide To 5 Possible Scenarios

By IBTimes

Moving swiftly from the realm of tin foil-hat conspiracy to a bullet point being openly talked about as a fait accompli by international financiers, an exit by Greece from the European common currency dominated conversation this week. But what would actually happen if Greece left the euro?. (May 25)

MORE TOPICS: GOLD, EUROPEAN UNION, JAPAN, AUSTRALIA, INVESTMENT, SILVER, CHINA, DEUTSCHE BANK, GERMANY

Four men, five weeks - a plan for Europe's future

By Reuters

European Union leaders have given the bloc's four most powerful officials a little over a month to come up with a clearer template for euro zone integration, a pitch to persuade voters and markets that the euro has staying power. (May 24)

MORE TOPICS: GERMANY, EUROPEAN UNION

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