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Draghi levels his big bazooka at eurozone debt
Stephen Beard Sep 6, 2012
Making good on earlier promises, European Central Bank chief Mario Draghi has unveiled a huge bond-buying program aimed at tackling the European debt crisis.
ECB's Mario Draghi unveils bond-buying plan
Stephen Beard Sep 6, 2012
Target countries will have to agree to more austerity and economic reforms.
Eurozone awaits news from European Central Bank
Stephen Beard Sep 4, 2012
A survey out this morning shows that manufacturing in the eurozone has fallen for the 13th straight month -- not a great start to what will be a big week for the European Debt Crisis. On Thursday, the head of the European Central Bank, Mario Draghi, is expected to tell us what he meant when he said he'll do "whatever it takes" to save the euro.
European Central Bank disappoints investors with non-action
Stephen Beard Aug 2, 2012
Investors had been hoping that ECB President Mario Draghi would unveil something big to help solve the European debt crisis. Instead, Draghi offered only vague commitments.
Mario Draghi maintains uncertainty surrounding Europe
Diane Swonk Aug 2, 2012
In Frankfurt, the head of the European Central Bank Mario Draghi held a press conference. Everyone was waiting to see whether Draghi would announce new stimulus measures, after saying last week that he'd do whatever it takes to save the euro.
ECB Mario Draghi holds press conference
Stephen Beard Aug 2, 2012
The head of the European Central Bank, Mario Draghi, is holding a press conference right now in Frankfurt. And global markets are hanging on his every word. That's because he said last week he'll do whatever it takes to save the euro, and today is the day we find out what that means.
What's up, Europe? Protesters in Madrid
Kai Ryssdal Jul 11, 2012
In Spain today, the government announced new austerity measures to meet the terms of the bank bailout early this month: $80 billion worth of tax increases and pay and benefit cuts.
Euro crisis tests role of ECB
Christopher Werth Jun 6, 2012
There was no cut in interest rates from the European Central Bank today, but some would like the ECB to take action soon.
Solutions for Spanish banking crisis dwindle
Tom Burridge May 31, 2012
Spain's Deputy Prime Minister, Soraya Saenz, will head to Washington to discuss ways to resolve the Spanish banking crisis with Treasury Secretary Tim Geithner.
OECD issues European recession warning
Stephen Beard May 22, 2012
The Organization for Economic Cooperation and Development warns the eurozone nations of severe recession risk, and calls on the European Central Bank to step in to stem the crisis.
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