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Tuesday November 24, 2009
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European Central Bank News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest European Central Bank News

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  • Overnight deposits, borrowing with ECB rises 24 Nov 2009 09:03 GMT
    ... 24 (Reuters) - The amount of cash banks deposited and borrowed overnight with the European Central Bank rose, data showed on Tuesday. The ECB said commercial banks deposited 51.564 billion euros at the 16-country bloc's central bank overnight, ...

  • IMF and ECB at odds on ending stimulus 24 Nov 2009 00:41 GMT
    ... than exiting too late,” he said. Mr Strauss-Kahn's stance contrasted with warnings from the European Central Bank (ECB) that delays in unwinding exceptional measures taken to combat the economic crisis could backfire. ...

  • Greek market falls alert eurozone 24 Nov 2009 06:13 GMT
    ... for its banks and economy as the European Central Bank prepares to end emergency funding for the ... other eurozone banks and economies after the ECB ends its unlimited offer of loans to ...

  • Speedier stimulus may mean quicker exit 24 Nov 2009 06:45 GMT
    ... remains more dovish than that of the European Central Bank, investors are betting both banks will start ... Reserve or the Bank of Japan. The ECB has made just a token QE effort, ...

  • ECB's Paramo urges more transparent ABS sector 24 Nov 2009 08:24 GMT
    ... transparent and simpler to restore long-term confidence, European Central Bank Governing Council member Jose Manuel Gonzalez-Paramo said. ... Manuel Gonzalez-Paramo said. Paramo noted that the ECB had helped prevent a collapse of the ...

  • Barroso ponders moves on commission portfolio chessboard 24 Nov 2009 01:32 GMT
    ... Germany's way. That said, Merkel's ultimate priority is to secure the presidency of the European Central Bank (ECB) for Axel Weber, president of the Bundesbank. While this post does not fall vacant ...

  • European Markets Seen Opening Lower 24 Nov 2009 07:51 GMT
    ... Financial Stability report. Expressing a similar view, European Central Bank President Jean Claude Trichet said that it ... over, while he offered reassurance that the ECB was well prepared to unwind its unconventional ...

  • FOREX-Dollar inches up as Tokyo shares lacklustre 24 Nov 2009 01:40 GMT
    ... the euro was supported by remarks from European Central Bank President Jean-Claude Trichet who said on Monday ... euro could rise further given comments from ECB President Trichet, but the upside for the ...

  • Dollar inches up as Tokyo shares lackluster 24 Nov 2009 01:51 GMT
    ... the euro was supported by remarks from European Central Bank President Jean-Claude Richet who said on Monday ... euro could rise further given comments from ECB President Richet, but the upside for the ...

  • Divisions emerge on stimulus strategy 24 Nov 2009 01:00 GMT
    ... Strauss-Kahn’s stance contrasted with warnings by the European Central Bank that delays in unwinding exceptional measures taken ... crisis could backfire. Last Friday, , an ECB executive board member, said history showed that ...

  • Brown and Cameron clash over budget deficit 24 Nov 2009 08:22 GMT
    ... Cameron’s approach received tacit backing from the European Central Bank, which warned that delays in unwinding exceptional ... could backfire. Speaking in Madrid, Jean-Claude Trichet, ECB president, said threats to public finances posed ...

  • Trichet: 'Premature' to say crisis is over 24 Nov 2009 01:35 GMT
    ... crisis is over The President of the European Central Bank President Jean-Claude Trichet says it was "premature" ... financial crisis over. However he says the ECB has a strategy to withdraw the liquidity-providing ...

  • IL&P issues document ahead of egm 24 Nov 2009 09:53 GMT
    ... said the net interest margin would be squeezed as it weans itself off cheap European Central Bank (ECB) funding. The company said in a trading update that loan losses would total between ...

  • Investors look to data-heavy week for more clarity 24 Nov 2009 04:34 GMT
    ... is sensitive to many outside forces. Last week, the dollar got a boost after European Central Bank President Jean-Claude Trichet said the ECB plans to start reining in some of its stimulus programs. Which direction stocks and ...

  • Dollar trims losses as Asian shares fall, yen crosses slip 24 Nov 2009 05:00 GMT
    ... said. The euro found some support from European Central Bank President Jean-Claude Trichet, who said on Monday ... euro could rise further given comments from ECB President Trichet, but the upside for the ...


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