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European central bank News

Op-Ed: Greece makes another IMF payment on time

Brussels - The Greek government managed to scrape together enough cash to pay off $222 million that was due to the International Monetary Fund yesterday.

European Central Bank to supervise important EU banks

Frankfurt - The European Central Bank(ECB) has now assumed responsibility for most larger banks in the euro area. The banks under supervision represent 82 per cent by assets of the euro bank sector.

European Central Bank interest rate reduction from .50% to .25%

The European Central Bank cuts interest rate from 0.50 percent to 0.25 percent. The historically low rate shows E.C.B.’s intentions to save the Euro but may have quickened the abolishment the Euro instead.

Thousands of anti-capitalists 'blockupy' ECB in Frankfurt (video)

Frankfurt - Angry protesters have occupied the European Central Bank (ECB) in Frankfurt, effectively stopping people from going to work. The beef of the Blockupy Frankfurt Movement is the mishandling of the crisis by the EU's financial institutions.

Austerity in Greece having impact on human rights, says UN expert

Athens - That’s the opinion of a United Nations expert who warned yesterday that some of the austerity measures imposed on the Greek economy undermine Greek citizens’ access to jobs, health, water and energy.

Op-Ed: Banksters seek to control national budgets

Frankfurt - The dictatorship of finance aims to seize control of all the nations within the EU. For decades, people derided as cranks have claimed to see a conspiracy at work. Now, it is out in the open.

ECB Report: Euro counterfeiting on the decline, reasons unknown

Frankfurt - A biannual information report by the European Central Bank highlights that counterfeiting of the euro has fallen dramatically. Although most are counterfeited €20 and €50 denominations, the practice is down 15.2 percent from the same period a year ag

Op-Ed: Global banking fraud heats up

The banking scam on the world continues with Europe, and North America next on the list to soon be buried with never-ending interest debt. The New World Order banking plan to shackle most of the world's people with war and debt is almost done.

IIF's Dallara says Greek euro exit may exceed $1.25 trillion

Charles Dallara, Managing Director of the Institute of International Finance (IIF) has warned that the cost of a Greek exit from the euro could exceed $1.25 trillion and that an exit would result in the European Central Bank's (ECB) insolvency.

Op-Ed: Bizarre investor logic as the Greek bailout staggers along

Sydney - Just when you thought global finance couldn’t get any less impressive, the private bond holders, the European Central Bank and the IMF have come up with a new spin. The Greek bond settlement is expected to go through, with some truly strange logic.

Op-Ed: Investors, look out — Warnings of a ‘cataclysmic’ Euro collapse

Sydney - The Euro Circus has apparently decided to go back to high levels of paranoia. New warnings of the risks of a Euro implosion are starting to sound grim, like someone wants to be in a “we told you so” position. It’s not all talk, either.

Op-Ed: Europe isn't going to fail but it will look very different

European politicians - from Nicholas Sarkozy to Angela Merkel - are correct in saying that this is Europe’s darkest hour since World War II. What has emerged from decades of negotiations between European leaders is now under threat.

European Central Bank predicts 'strong economic revival' in 2010

European Central Bank president Jean-Claude Trichet predicts a 'strong economic revival' in 2010. He said this after a meeting with central bankers in Basel, Switzerland. The ECB controls the supply of Euros for 329-million Europeans.

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The Euro sign outside the European Central Bank in Frankfurt  Germany
The Euro sign outside the European Central Bank in Frankfurt, Germany
A structure showing the Euro currency sign is seen in front of the European Central Bank (ECB) headq...
A structure showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt
With permission by Reuters / Alex Domanski
European Central Bank President Mario Draghi
European Central Bank President Mario Draghi
Courtesy World Economic Forum
Protesters block entry to the European Central Bank on Friday  May 31  2013.
Protesters block entry to the European Central Bank on Friday, May 31, 2013.