Edition:
United Kingdom

Francesco Canepa

ECB's Lane signals policy pause as markets stabilise

01 Jul 2020

FRANKFURT European Central Bank chief economist Philip Lane signalled a pause in policy action, arguing that a rebound is underway, markets have stabilized but that many months will be needed before there is clarity over the shape of the recovery.

ECB to release documents to defuse German court challenge

24 Jun 2020

FRANKFURT The European Central Bank agreed to give vital documents to German authorities to prove the proportionality of ECB policies, two sources said, in a step to defuse a challenge threatening to undermine its powers to keep the euro zone together.

As the ECB ponders purchases, bond angels aren't falling

17 Jun 2020

FRANKFURT An expected wave of credit rating cuts for companies as a result of the coronavirus crisis has yet to materialise, data shows, meaning speculation that the European Central Bank will buy bonds of "fallen angels" downgraded to junk may be premature.

ECB nemesis Kerber says new scheme may be forbidden aid to debtors

05 Jun 2020

FRANKFURT The European Central Bank's new plans to buy massive amounts of government bonds with near total discretion may break a legal ban on bankrolling governments, Markus Kerber, the German academic behind the ECB's biggest court setback, said on Friday.

ECB gives another shot of stimulus as economy reels

04 Jun 2020

FRANKFURT The European Central Bank approved a bigger-than-expected expansion of its stimulus package on Thursday to prop up an economy plunged by the coronavirus pandemic into its worst recession since World War Two. | Video

ECB prepares more aid for virus-stricken euro zone

03 Jun 2020

FRANKFURT, June 4 The European Central Bank is certain to give the ailing euro zone economy another shot in the arm and the only question is the timing, with arguments split between a move on Thursday and holding out until July.

Exclusive: ECB prepares for the worst - life without the Bundesbank

26 May 2020

FRANKFURT The European Central Bank (ECB) is drafting contingency plans to carry out its multi-trillion bond-buying programme without the Bundesbank in case Germany's top court forces the main participant in the scheme to quit, four sources told Reuters.

EU must present united front to shield pandemic-hit banks: regulator

25 May 2020

FRANKFURT European countries need to join forces to shield their banks from the coronavirus outbreak, one of the bloc's top regulators said on Monday, potentially using a 500 billion euro ($545 billion) EU recovery fund to do so.

Germans paid to borrow as negative rates reach consumers

20 May 2020

FRANKFURT Germans are being shown the bright side of negative interest rates as some online lending platforms pay customers to borrow despite the steepest recession since World War Two.

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