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European shares open flat, set for worst week in one monthOil stocks gained 0.7% and are poised for their best week in nearly six months. The sub-index has climbed 4.1% so far this week and stood o...04 Oct, 2024, 02.02 PM IST- EU inflation eased last month, revised data showRevised data shows that euro-area inflation slowed in August, supporting the European Central Bank's view that no further interest-rate hik...19 Sep, 2023, 11.20 PM IST
- ECB rate tightening path in home stretch: Luis de GuindosThe ECB has raised borrowing costs by 375 basis points since July as it seeks to tame inflation, though it slowed this month's rate hike to...14 May, 2023, 11.26 PM IST
- Europe's Central Bank goes for 50-bps hike despite bank chaosECB Vice President Luis de Guindos said the eurozone's exposure to Credit Suisse, which is outside the European Union's banking supervision...17 Mar, 2023, 06.13 AM IST
- ECB might raise interest rates at current pace for a while : Vice-President Luis de Guindos"We have no choice but to act," he said in an interview with Le Monde paper published on Thursday. "Increases of 50 basis points may become...22 Dec, 2022, 07.25 PM IST
- Gold ticks lower on rate hike fears, firm dollarFed Chair Jerome Powell said last week the central bank will deliver more interest rate hikes next year to curb inflation. Other major cent...20 Dec, 2022, 07.31 AM IST
- European Central Bank: Recession "has become more likely""People and firms are already feeling the impact of rising inflation and the slowdown in economic activity," ECB Vice President Luis de Gui...16 Nov, 2022, 10.53 PM IST
- ECB promises "prudent" balance sheet cut as stability risks rise"Risks to financial stability in the euro area have increased amid soaring energy prices, elevated inflation and low economic growth," the ...16 Nov, 2022, 04.34 PM IST
- ECB to chart new policy path next weekAnnounced last week, the ECB's new strategy allows it to tolerate inflation higher than its 2% goal when rates are near rock bottom, such a...13 Jul, 2021, 11.05 AM IST
- ECB 'more determined than ever' to help euro zone economyGermany's Constitutional Court ruled on Tuesday that the ECB had exceeded its powers with 2 trillion euros of sovereign bond buys since 201...07 May, 2020, 02.04 PM IST
- ECB says it has more firepower to fight crisisMarkets have questioned whether ECB has any potent tools left should the virus crisis deepen.18 Mar, 2020, 04.10 PM IST
- Spain says economy 'touches bottom' after jobs dataThe IMF released a report last month warning Spain it faces five more years with an unemployment rate topping 25 percent unless Madrid enac...03 Sep, 2013, 04.10 PM IST
- US jobs figures reassure markets about economyBetter-than-expected US jobs figures that included a surprise fall in the unemployment rate to its lowest level since January 2009 shored u...05 Oct, 2012, 10.52 PM IST
- Copper futures gain on Spain bailout hopeCopper futures rose the most last week on speculation that European officials will unveil a bailout plan for Spain as soon as next week.24 Sep, 2012, 05.00 AM IST
- Deficit reduction Spain's top priority: Finance MinisterReducing Spain's budget deficit, which has soared past EU limits due to the deep recession, is the government's top priority, Finance Minis...03 Sep, 2012, 01.02 PM IST
- Spain edges toward rescue as regions seek financial aidSpain's bailout of its regions risks pushing the nation closer to a full int'l rescue after investors charged the nation more to borrow for...25 Jul, 2012, 06.26 AM IST
- Eurozone debt crisis: Spain set to purge banks of realty hangoverSpanish banks face deeper losses on 176 billion euros ($243 billion) of soured real-estate assets as Mariano Rajoy pledges to enforce a cle...17 Nov, 2011, 03.34 AM IST
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