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Germany resists fresh calls to boost govt spending

Paris - Germany resisted fresh pressure Wednesday to boost European growth through increased public spending after incoming European Central Bank chief Christine Lagarde urged countries with budget surpluses to open their purse strings.

New ECB chief Lagarde criticises Germany for low spending

Paris - Incoming European Central Bank chief Christine Lagarde on Wednesday took aim at Germany and other thrifty eurozone members running budgetary surpluses, saying they should increase their spending to shore up slowing growth.

Merkel, Macron praise Draghi's 'European dream' as ECB chief bows out

Frankfurt Am Main - French President Emmanuel Macron and German Chancellor Angela Merkel on Monday lauded Mario Draghi for defending "the European dream" in the face of opposition as he handed over a divided ECB to Christine Lagarde.

Departing Draghi looks to bind wounds at ECB

Frankfurt Am Main - At his final press conference Thursday, departing European Central Bank president Mario Draghi will downplay differences among policymakers over September's big-bang stimulus package, hoping to limit their impact on the institution's effectiveness, ana...

Key moments in Draghi's eventful ECB tenure

Frankfurt Am Main - Mario Draghi hands over the keys of the European Central Bank to Christine Lagarde on October 31, leaving the former IMF chief a eurozone economy struggling to stay in gear.

Eurozone fiscal rules 'should be revisited': ECB's Draghi

Frankfurt Am Main - European Central Bank chief Mario Draghi said Monday that eurozone fiscal rules "should be revisited" to allow countries more flexibility to spend where needed to boost growth and fight downturns.

Lagarde urges policymakers to resolve manmade economic threats

Washington - Accustomed to being the first woman in influential leadership positions and speaking frankly to men in power, Christine Lagarde says manmade threats to the global economy can be "man-fixed.

Moment of truth for ECB on new round of stimulus

Frankfurt Am Main - After 2019 opened with hopes the European Central Bank could begin "normalising" policy after years of buttressing the eurozone, governors appear set for a fresh unconventional turn Thursday, under pressure from financial markets.

Lagarde signals plan to stick to Draghi's ECB expansionary path

Frankfurt Am Main - The ECB's next chief Christine Lagarde signaled Thursday that she would stick with Mario Draghi's controversial expansionary monetary policy that has propped up the eurozone economy amid growing risks to growth.

ECB set to sketch path for new stimulus

Frankfurt Am Main - The European Central Bank is likely to point Thursday to a cut in interest rates in September, analysts say, although recent hints about kick-starting sluggish growth and inflation might even bring forward a move to this week.

Frankfurt returns to normal after WWII bomb defused

Frankfurt Am Main - Thousands of residents in German city Frankfurt were free to return to their homes Sunday afternoon after authorities reported that an unexploded World War II bomb found close to the European Central Bank headquarters had been defused."We did it!

Central bank outsider Lagarde to chart new ECB course

Frankfurt Am Main - IMF chief Christine Lagarde may be breaking ground as the first woman to be nominated as head the European Central Bank, but her political background and lack of central bank experience raise important questions about monetary policy independence in h...

IMF's Lagarde 'honored' to be tapped to head European Central Bank

Washington - International Monetary Fund chief Christine Lagarde on Tuesday announced she would step down "temporarily" from the global crisis lender after being nominated to lead the European Central Bank.

Christine Lagarde continues to break glass ceilings

Washington - Christine Lagarde has made a career out of breaking glass ceilings in the halls of international finance and is now poised to break one more, leading the European Central Bank.

ECB under pressure to ease growth, inflation fears

Vilnius - European Central Bank chief Mario Draghi is expected to outline plans on Thursday to offer fresh assistance to banks and hint at further options to counteract rising worries about growth and inflation in the eurozone.

ECB debates switching course before change of helmsman

Frankfurt Am Main - Politics will have an unusually large role in picking a new chief for the European Central Bank this year, as the switchover coincides with European Parliament elections and the choice of a new Commission.

ECB to hold course as threats to growth linger

Frankfurt Am Main - The European Central Bank will hint Wednesday at moves to support the eurozone economy but stop short of new action, analysts expect, as the Frankfurt institution eyes lingering political risks.

Latvia central banker gets green light to travel abroad

Riga - Latvian prosecutors on Tuesday said they had temporarily lifted a travel ban on the eurozone country's central bank chief who is facing bribery charges, allowing him to attend a board meeting of the European Central Bank.

End of an era as ECB set to withdraw crisis-fighting stimulus

Frankfurt Am Main - A chapter of eurozone history will come to a close Thursday, with the European Central Bank widely expected to withdraw a key element of support for the economy while reassuring observers fearful of the growing risks.

No extra ECB help for Greece after bailout ends: Draghi

Frankfurt Am Main - European Central Bank chief Mario Draghi on Thursday said Greece was "not eligible" to benefit from the bank's massive monthly bond purchases after the debt-laden country exits its bailout programme in August.

'Exciting' ECB meet could bring end to bond-buying

Frankfurt Am Main - The European Central Bank may announce Thursday a timetable for withdrawing its massive support for the eurozone economy, analysts say, although looming threats to the bloc could stay its hand for a few more weeks.

ECB keeps massive stimulus in place as trade headwinds rise

Frankfurt Am Main - European Central Bank chief Mario Draghi warned Thursday of storm clouds on the horizon for the eurozone as fears mount of a global trade war, prompting the bank to keep its massive stimulus scheme in place.

ECB looks to top court for ruling on Latvia bank chief

Frankfurt Am Main - The European Central Bank said Friday it had asked the EU's top court to rule on Latvian authorities' treatment of the country's central bank chief -- a member of its governing council -- over graft allegations.

Bank of France urges end to euro reform 'trench warfare'

Frankfurt Am Main - Eurozone leaders must end "trench warfare" between creditor and debtor countries and tackle tricky reforms, the governor of the Bank of France said Wednesday, offering ways to shake up long-paralysed debates.

ECB chief hits elusive inflation target in own pay packet

Frankfurt Am Main - As European Central Bank President Mario Draghi battles to bring inflation towards 2.0 percent, the institution's annual report showed Thursday his target was met in at least one place last year -- his pay packet.

Eurozone backs Spain's De Guindos for ECB top job

Brussels - Eurozone finance ministers backed their Spanish peer Luis De Guindos for the vice-presidency of the European Central Bank on Monday after his only rival pulled out.

Smooth-talking Draghi hopes to fend off currency war

Frankfurt Am Main - A euro at three-year highs against the dollar will have financial markets hanging on European Central Bank president Mario Draghi's every word on Thursday, putting pressure on him to play down talk of reducing stimulus to the eurozone economy.

In ECB's 2020 vision, inflation goal elusive

Frankfurt Am Main - The European Central Bank upgraded its growth and inflation forecasts for the coming years Thursday but stood by its massive support to the economy, with President Mario Draghi saying it won't reach its cherished price growth target by 2020.

ECB to play up eurozone strength at steady-as-she-goes meeting

Berlin - The European Central Bank will highlight economic strength in the eurozone in new forecasts Thursday, analysts expect, while avoiding spooking markets with talk of further cuts to its massive support for the economy.

Draghi to calm waters ahead of easy-money exit

Frankfurt Am Main - European Central Bank chief Mario Draghi will carefully prepare markets for a long-awaited end to the institution's easy-money policy Thursday, analysts expect, but stop short of calling time immediately.
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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.
Global Economic Trend Analysis
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

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