“There is strong support for a precautionary credit line in the form of an existing European Stability Mechanism tool called the ECCL – Enhanced Conditions Credit Line – and that […]
European stock markets surged Thursday after the European Central Bank (ECB) indicated it is considering further action to boost the sluggish economy ...
One factor that European and other markets are going to have to prepare for is the emerging strength of the US dollar, according to Peter Oppenheimer, ...
The European Central Bank says that most of the banks in the 18-nation euro currency bloc could survive a financial crisis, an assessment that could h ...
A new 10 euro banknote that the European Central Bank (ECB) says will have several enhanced security features as well as a “fresh look” goes into circulation on September 23 […]
Bulgaria’s economy posted 0.5 per cent growth in the second quarter of the year, the National Statistical Institute (NSI) said in a flash estimate on August 14. Bulgaria was one […]
The European Commission released its latest euro area convergence report on June 4, assessing the readiness of EU member states to adopt the common currency, in which it recommended allowing […]
The combined debt in the eurozone continues to grow, even as many of the 17 nations in Europe’s currency bloc have adopted austerity measures to cut spending and raise taxes. […]
The economic and financial affairs council of the European Union (Ecofin) passed on July 9 a decision allowing Latvia to adopt the euro as its currency as of January 1 […]
The European Commission has published its annual convergence report on Latvia, concluding that the country was ready to join the euro zone on January 1 2014 and proposing that the […]