European Central Bank

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ECB cuts off funding to some Greek banks

Thursday, May 17, 2012
German Chancellor Angela Merkel has sent a message that she is committed to keeping Greece in the eurozone. At the same time, the European Central Bank is keeping Greek banks on a tight leash, cutting off funding for some.
Posted In: European Central Bank, Greece, Angela Merkel

Europe shifts away from austerity, but that's easier said than done

Thursday, May 3, 2012
The head of the European Central Bank said today that economic growth has to be central to the plan to get Europe out of its debt crisis
Posted In: European Central Bank, austerity

Is the European debt crisis resurfacing?

Thursday, April 5, 2012
There are some economic headwinds blowing strong right now. And one of them is coming from Spain where a disappointing bond auction yesterday sent government borrowing costs to a 5 month high and renewed fears about the European Debt Crisis.
Posted In: Europe debt crisis, European Central Bank, spain

A tale of two economies

Thursday, February 16, 2012
As the U.S. economy improves measurably, Europe slips into crisis mode.
Posted In: Europe debt crisis, European Central Bank, global economy

For ECB plan to succeed, European banks must buy up bonds

Thursday, December 22, 2011
What looks like a major success now may end up being more of a modest win in the future against the mounting debt crisis in the eurozone.
Posted In: Europe debt crisis, European Central Bank

Has the ECB action helped avert a banking crisis?

Thursday, December 22, 2011
The European Central Bank yesterday printed $640 billion worth of euros, almost the same amount of money as the TARP program used by the U.S. government during the financial crisis in 2008.
Posted In: Europe debt crisis, European Central Bank, banking
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Lender of last resort

Wednesday, December 21, 2011
The ECB offers a historic $639 billion to 500 European banks.
Posted In: European Central Bank, lending

European Central Bank bails out Europe’s banks

Wednesday, December 21, 2011
The ECB has given about 490 billion euros in cheap loans to European banks, reflecting the crisis in Europe’s banking system.
Posted In: European Central Bank

European banks' overwhelming response to ECB plan

Wednesday, December 21, 2011
The news that more banks than expected are putting a hand out for help from the European Central Bank had markets on a roller coaster today.
Posted In: Europe debt crisis, European Central Bank

PODCAST: A mobile Super Bowl, ECB plan exceeds expectations

Wednesday, December 21, 2011
As Spain gears up for new leadership, the European Union wants airlines to reduce emissions or pay for permits allowing them to pollute. During the holidays, consumers generate as much as 25 percent more waste from packaging, unused holiday cards and wrapping paper, and other seasonal items. In some Atlanta neighborhoods, houses are selling for under 10,000 -- less than the price of many used cars.
Posted In: European Central Bank, NFL, Super Bowl

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