Tag Archives: European Central Bank

Frankfurt, Germany | Xinhua | The European Central Bank (ECB) unveiled on Thursday a roadmap to wind down stimulus policies and possibly raise interest rates later in 2022. The decision to taper and possibly reverse a years-long policy of negative interest rates came at a time when inflation in the euro …

Kampala, Uganda | XINHUA | The European Central Bank (ECB) said on Thursday that it decided to keep monetary policy unchanged in its July meeting. The 19-nation eurozone base interest rate will remain at 0.00 percent, with the marginal lending rate and deposit rate remaining at 0.25 percent and minus 0.50 …

Frankfurt am Main, Germany | AFP |  The European Central Bank could reiterate Thursday its power to do more still to cushion the eurozone economy from the impact of the novel coronavirus, analysts said, while maintaining pressure on governments to agree a joint response. ECB chief Christine Lagarde last week warned …

Brussels, Belgium | AFP |  EU finance ministers were mired in marathon talks on Wednesday unable to bridge differences on how to rebuild their economies after the coronavirus, with a North versus South split on burden-sharing for hard-hit countries. The European economy has been battered by the pandemic as national governments …

Frankfurt am Main, Germany | AFP | ECB chief Mario Draghi bows out Monday, passing the baton to former IMF head Christine Lagarde whose first task will be to heal rifts among policymakers. The man credited with saving the euro during his eight-year tenure at the European Central Bank will be …