More than seven banks are changing projecting that the European Central Bank would cut its interest rates after its meeting this November.
Tags: European Central Bank
Coeure says European Central Bank may cut rates further
European Central Bank (ECB) Executive board member Benoit Coeure said the ECB plans to maintain its low interest rates or may cut them further because of low inflation.
ECB reduces amount of banks' crisis loan payments but urges them to pay next week
The European Central Bank's attempt to reduce the excess liquidity levels of banks in the financial system had prompted the central bank to call on banks it had loaned to repay its debts at a reduced rate.
Potential deflation in Euro Zone to reverse investment trend - analysis report
Europe's recent inflation decrease prompted European Central Bank to cut interest rates. In an analysis done by Reuters, it said the deflation threat in the economy of the Euro Zone might reverse the continuous inflow of major investments for 2013.
S&P downgrade lowers France's credit rating
Standard & Poor's downgraded France's credit rating from AA+ to AA, citing President Francois Hollande's ineffective growth policies.
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The Euros consistent climbed has encouraged currency repatriation in Europe. The Euro gained traction and reached a two-year high against the US dollar this month, according to a report by Bloomberg.
Banking regulator banking asked the European Central bank for details on what qualifies as debt. Bafin, Germany's banking regulator, wants the European Central Bank (ECB) to provide more information about the type of debts lenders would qualify for, according to a report by Bloomberg.
Central banks of the Group of Seven nations made permanent a cash crisis mechanism to avoid financial pitfalls.
Pope Francis meets with ECB President Mario Draghi for unspecified matters. The head of the Roman Catholic Church, Pope Francis, had held discussions with European Central Bank President Mario Draghi during a private audience held last Saturday.
Bondholders were sought protected by Mario Draghi through the European Central Bank. The European Central Bank head Mario Draghi informed the European Commission last month requesting that bondholders be spared any losses in the event a bank rescue occurs until such time an EU banking union is put in place.
The increase in Commerzbank's overall financial value would help in passing tests conducted by the European Central Bank.
On Friday, the European Central Bank said it would receive an early repayment of loans from banks next week valued at EUR5.199 billion.
After delisting the HVB shares in 2008, Unicredit is relisting its German units shareholders. Unicredit is studying to list a minority stake in its German unit, HVB.
According to SNB President Thomas Jordan, protecting the Swiss franc is imperative for economic health.
