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European Central Bank to Cyprus: Now or never
Mar 21, 2013
Cyprus has until Monday to come up with a new bailout package after the parliament rejected the initial plan that called for a controversial tax on the country’s bank deposits.
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European Central Bank pressures Cyprus for new bailout deal
Mar 21, 2013
The European Central Bank has given the Cyprus just a few days to come up with a new bailout deal after the Cypriot parliament rejected a controversial tax on bank deposits as part of its original bailout plan.
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European leaders agree ECB should supervise big banks
Dec 13, 2012
European finance ministers struck a major new deal over their debt crisis. They agreed that the European Central Bank -- Europe’s equivalent of the Fed -- should take over the supervision of the continent’s biggest banks.
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ECB keeps Greek debt secrets under wraps
Nov 30, 2012
The European Central Bank has won a legal battle against Bloomberg News to keep some of the ECB’s internal documents about Greece's debt private.
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ECB to release new euro with an old Greek face
Nov 9, 2012
The European Central Bank says it's going to issue new currency notes next year. The new notes, redesigned to improve security, will feature images from Greek mythology.
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Spain continues bailout waiting game
Oct 18, 2012
For months now, Spain has been bracing itself for a bailout. While the country waits, the government has already made many of the deep budget cuts that typically come with bailouts.
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EU summit to focus on banking union
Oct 18, 2012
European leaders meet in Brussels today for a summit on whether to enact a banking union across the EU and check in on beleaguered Greece.
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Spain delays bailout, China growth slows
Oct 8, 2012
In Europe, the latest signals are that Spain will not take a bailout in the immediate term. China's economic growth is slowing as investment takes a back seat to consumer spending.
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VIDEO: The ECB's bond-buying program explained with bonbons
Sep 6, 2012
The European Central Bank is set to go on a bond-buying spree in an effort to save the euro and stem the debt crisis. But how does it work? It helps to think about candy.
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Draghi levels his big bazooka at eurozone debt
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.
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