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.

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.

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.

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.

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.

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.

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.
2 euro coins made of chocolate -- split in half.
Joel Saget/AFP/Getty Images

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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.

ECB's Mario Draghi unveils bond-buying plan

Sep 6, 2012
Target countries will have to agree to more austerity and economic reforms.

Eurozone awaits news from European Central Bank

Sep 3, 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.