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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.

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

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.

European Central Bank disappoints investors with non-action

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

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.

For public good, not for profit.

ECB Mario Draghi holds press conference

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

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

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.