European Central Bank

  • Group of 20 (G-20) finance ministers and central bank governors have their group photo taken on the sidelines of the International Monetary Fund (IMF) and World Bank Group Spring Meetings in Washington, D.C., U.S., on Friday, April 17, 2015. World finance leaders see threat of Greece default on its debt. Front row left to right; Joe Hockey, Australia's treasurer, Erdem Basci, governor of Turkey's central bank, Ali Babacan, Turkey's deputy prime minister, and Zhou Xiaochuan, governor of the People's Bank of China. Photo by Andrew Harrer/Bloomberg via Getty Images.
    April 19, 2015   BY Associated Press 

    The world’s financial leaders see a number of threats facing a global economy still on an uneven road to recovery with U.S. and European officials worrying that Greece will default on its debt. Continue reading

  • newswrap
    April 15, 2015  

    In our news wrap Wednesday, the European Union charged Google with violating anti-monopoly laws. The EU said Google uses its dominance over Internet searches to promote its own services. Also, a Florida mailman landed a gyrocopter on the U.S. Capitol’s West Lawn, supposedly a stunt to protest political corruption. Continue reading

  • newswrap
    March 18, 2015  

    In our news wrap Wednesday, the Federal Reserve said it was open to raising interest rates, but the job market must improve and inflation has to move closer to 2 percent for a rate hike. Also, gunmen attacked Tunisia’s National Bordo Museum, killing more than 20, most of whom were Western European tourists. Two of the gunmen were killed, but two or three others escaped, according to officials. Continue reading

  • greekcrisis
    February 17, 2015  

    As bailout talks continue between Greece and other EU members without clear progress, the new Greek government’s election promises seem at odds with economic reality. Gwen Ifill talks to Jacob Kirkegaard of the Peterson Institute for International Economics and journalist John Psaropoulos about the potential for a rude awakening for Greece and its new leaders. Continue reading

  • 20150205_newswrap
    February 5, 2015  

    In our news wrap Thursday, the new leftist government in Greece said it would not be “blackmailed” into giving up its stance on reversing austerity measures after the European Central Bank imposed new restrictions on lending to Greek banks. Also, a U.N. agency reported that Islamic State militants are systematically torturing and killing children of minority groups in Iraq. Continue reading

  • newswrapimage
    January 22, 2015  

    In our news wrap Thursday, the European Central Bank announced a plan to buy up $1.2 billion of bonds to stabilize Europe’s economy, a program similar to the U.S. Federal Reserve’s quantitative easing. Also, at least 13 people died in the Eastern Ukrainian city of Donetsk when mortar rounds hit a bus stop. Continue reading

  • Traders watch the news conference held by European Central Bank (ECB) President Mario Draghi, during a trading session at the Frankfurt stock exchange Jan. 22, 2015. The European Central Bank agreed on Thursday to embark on a quantitative easing (QE) program. Photo by    REUTERS/Ralph Orlowski.
    January 22, 2015   BY Simone Pathe 

    European Central Bank President Mario Draghi on Thursday announced an unprecedented plan to purchase 60 billion euros a month in the EU’s first stab at quantitative easing. Making Sen$e breaks down how bond purchases work and turns to the Council on Foreign Relations’ Benn Steil to explain why QE may be less effective in the EU than it was in the U.S. Continue reading

  • The Word Euro On A Euro Coin.
    January 5, 2015  

    One reason for the euro’s drop in value is the anticipation that the European Central Bank is going to enact some stimulus effort, along the lines of the U.S. Federal Reserve’s quantitative easing. Jeffrey Brown learns more from Jacob Kirkegaard of the Peterson Institute for International Economics and Kenneth Rogoff of Harvard University. Continue reading

  • European Central Bank President Mario Draghi announced the ECB's negative interest rate policy at a press conference last month. Photo by Flickr user European Central Bank.
    July 2, 2014   BY Benn Steil and Dinah Walker 

    Last month, the European Central Bank became the first central bank to charge banks for depositing their extra reserves with them. The idea is to encourage banks to lend privately instead. But as the Council on Foreign Relations’ Benn Steil and Dinah Walker report, banks are not feeling the incentive; they’re keeping their money at the ECB, despite the lowered — now negative — interest rates. Continue reading

  • December 13, 2012  

    In other news Thursday, U.S. Ambassador to the U.N. Susan Rice withdrew her name from consideration as a replacement for outgoing Secretary of State Hillary Clinton. Rice received criticism from leading Republicans in Congress for what they cited as her poor response to attacks on a U.S. consulate in Benghazi, Libya. Continue reading

Page 1 of 212