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FRANKFURT (MarketWatch) -- The European Central Bank failed to intervene in the euro-zone sovereign bond market for the eleventh week in a row, despite Spain's record-high borrowing costs and concerns over the long-term viability of the single ...
May 28, 2012 at 22:48 | Source: Marketwatch
European Central Bank Governing Council member Ewald Nowotny said the bank isn’t considering restarting its bond-purchase program to stem rising borrowing costs for governments in the euro area. “This for the time being is not a matter of ...
May 29, 2012 at 10:22 | Source: Bloomberg
LONDON, May 28 (Reuters) - European Central Bank accounts for the last week are set to show banks made further early repayments of cash obtained through longer-term liquidity operations, highlighting the trouble some institutions are having ...
May 28, 2012 at 11:49 | Source: Reuters UK
You need to enable Javascript to play media on Bloomberg.com The first rule of ELA is you don’t talk about ELA. The European Central Bank is trying to limit the flow of information about so-called Emergency Liquidity Assistance, which is ...
May 24, 2012 at 23:14 | Source: Bloomberg
May 25 (Bloomberg) -- The first rule of ELA is you don't talk about ELA. The European Central Bank is trying to limit the flow of information about so-called Emergency Liquidity Assistance, which is increasingly being tapped by distressed euro ...
May 25, 2012 at 03:25 | Source: San Francisco Gate
The European Central Bank, which has spent more than 1 trillion euros ($1.26 trillion) to cap surging borrowing costs in nations such as Spain and Italy, is saying it can do little more to halt the crisis until governments act. “On the one ...
May 25, 2012 at 06:45 | Source: Businessweek
FRANKFURT (Reuters) - The European Central Bank has given its backing to Greece's plans to recapitalize its banks but raised a number of key questions about how the fund set up to do the job will work. Athens has set the Hellenic Financial ...
May 23, 2012 at 16:56 | Source: Chicago Tribune
FRANKFURT, Germany (AP) — A top European Central Bank official says the 17 countries that use the euro need an ‘‘urgent overhaul’’ of their banking and financial system to deal with the debt crisis, including a multinational authority ...
May 25, 2012 at 11:32 | Source: Boston Globe
NEW YORK – J.P. Morgan said Thursday a continuing recession in Europe will lead the European Central Bank to ease monetary policy further with rate cuts and another lending measure known as LTRO. After the day's weak manufacturing reports for ...
May 24, 2012 at 15:36 | Source: FOXBusiness