In a press conference following the results, the ECB’s Vitor Constancio said, "The scenario of deflation is not there because indeed we don...

The euro hit those lows after ECB Vice President Vitor Constancio said the central bank was determined to act swiftly and does not rule out...

Rupee posted its biggest quarterly gain since the Sep quarter of 2012 as heavy foreign buying of equities and debt boosted the local unit.

European Central Bank president Jean-Claude Trichet said European governments should consider extending and broadening the region’s bailout...

Ireland is considering asking for money for its banks from the European Union’s emergency fund in a bid to fend off a threatened bailout fo...

European Union "stress tests" on the bloc's banks prove that the EU financial sector is sound because just seven out of 91 lenders - five o...

Portugal is aiming to nationalise the BPN bank, which has sustained heavy losses that took root before the unfolding global financial crisi...

The ECB has been responsible for monetary policy in the 15 countries that share the euro starting in January 1999, and has an obligation to...

ECB shelved a planned rate increase last month after defaults on US subprime mortgages roiled world financial markets and pushed up credit ...

The euro reached a two-year high against the dollar and approached a record versus the yen as signs of faster growth in Europe raised specu...