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.
Posted In: spain, ECB, bailout, Europe debt crisis

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.
Posted In: Greece, bailout, ECB

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.
Posted In: spain, Europe debt crisis, Germany, ECB

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.
Posted In: ECB, European Central Bank, bonds, whiteboard

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.
Posted In: Europe, ECB, bonds, Europe 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.
Posted In: ECB, European Central Bank, Mario Draghi

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.
Posted In: Europe debt crisis, ECB, Mario Draghi, Angela Merkel

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.
Posted In: ECB, Europe debt crisis, Mario Draghi

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.
Posted In: ECB, Mario Draghi

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.
Posted In: ECB, Mario Draghi