Violent clashes between anti-austerity protesters and German police left dozens injured and a trail of destruction in Germany's financial capital as the European Central Bank opened its new headquarters Wednesday.
When the European Central Bank officially inaugurates its new headquarters in Frankfurt on Wednesday (18 March), as many as 10,000 people from around Europe are expected to show up to join an anti-austerity demonstration.
The European Central Bank announced Monday (9 March) that it and the national central banks of the euro area have started buying bonds as part of the long-awaited 1.1 trillion euro quantitative easing programme to stimulate growth and ward off deflation across the single currency area .
The ECB’s Outright Monetary Transactions Programme (OMT) has offered welcome relief for many eurozone countries struggling with high debt levels. But the destruction of capital market discipline bears considerable risks, write Clemens Fuest and Friedrich Heinemann. To address this, the authors propose the introduction of a new form of junior government bonds, "accountability bonds".
European Central Bank president Mario Draghi grabbed the spotlight on Thursday, as he announced Europe's latest hope to revive its weak economy: the so-called quantitative easing, or a bond-buying scheme of 60 billion euros a month.
EXCLUSIVE: A planned bond-buying programme expected from the European Central Bank (ECB) today (22 January) would be unconstitutional, a leading MEP has told EurActiv in the firmest statement of German opposition to the move.
Ahead of an expected announcement by the European Central Bank of a bond-buying programme, on Thursday, Green MEP Molly Scott Cato said that “creating new money is not the solution” to Europe's debt crisis.
With the European Central Bank (ECB) expected to announce a new bond-buying programme on Thursday (22 January), experts in Germany are warning of falling prices and ebbing investment, while the government attempts to distance itself from the upcoming ECB decision. EurActiv Germany reports .
The continued depreciation of the single currency should help the eurozone economies grow in 2015. Spain would be the biggest winner, according to the French Economic Observatory. EurActiv France reports .
Lending to eurozone households and companies contracted at a slower pace in September, and money supply grew faster than expected, suggesting that a cycle of tightening credit conditions in the bloc is gradually coming to an end.
The United States renewed a warning that Europe risks falling into a downward spiral of falling wages and prices on Wednesday (15 October), saying recent actions by the European Central Bank may not be enough to ward off deflation.
The European Central Bank invited banks on Tuesday (16 September) to bid for a fresh round of long-term loans it hopes will stimulate lending to businesses and reinvigorate the eurozone economy, but which may see only modest take-up.
The euro plumbed a one-year trough against the dollar on Tuesday (25 August) as prospects for further easing by the European Central Bank weighed on the currency along with weak eurozone data and the resignation of the French government.
German Finance Minister Wolfgang Schäuble called on central banks to take into account price distortions that monetary policy could have on markets and help prevent asset bubbles, in an interview published on Monday.
A stronger euro exchange rate is a risk to the sustainability of the euro zone recovery, European Central Bank President Mario Draghi said on Monday (14 July), responding to calls from the French government to devalue the currency and ease pressure on exporters.
France Stratégie, a government advisory body, has issued a report outlining the reforms it deems necessary to keep the European project alive and counter rising French Euroscepticism. EurActiv France reports .
After an ECB resolution to push interest rates to all-time lows, the inclination to save is dwindling among consumers, a trend apparent among Germans, who are spending more than they have in seven years. EurActiv Germany reports.
Germany's Bundesbank may have to forego voting rights in the Council of the European Central Bank (ECB) every five months after Lithuania joins the euro zone, sparking warnings of "dangers for Germany” among conservatives. EurActiv Germany reports.