Monthly Archives: February 2016

//February

Eurozone prices fall, piling pressure on ECB

Eurozone consumer prices were lower in February than a year earlier, a setback for the European Central Bank in its lengthening struggle to prevent the currency bloc’s slide into chronic deflation. The ECB’s governing council is set to meet on March 9 and 10 to decide whether to boost its stimulus programs, amid signs [...]

By | February 29th, 2016|News|0 Comments

ECB on course to take more aggressive action on monetary easing

The European Central Bank is on course for more aggressive monetary easing to boost flagging growth and weak inflation, amid fresh warnings about the outlook for the global economy.Mario Draghi, the ECB president, has won wide support for further policy action next month, acording to minutes of the bank’s January policy meeting, released on [...]

By | February 19th, 2016|News|0 Comments

ECB may finally deal a deathblow to the 500 Euro bill

Is the end nearing for the 500-euro note, beloved of gangsters, money launderers and tax evaders? The likelihood that the valuable bill could soon be struck out of the euro family may be rising after Benoît Coeuré, a member of the European Central Bank’s executive board, told French daily Le Parisien that arguments for [...]

By | February 12th, 2016|News|0 Comments

ECB will not ‘surrender’ to low inflation, Draghi says

The European Central Bank will not surrender to low inflation, Mario Draghi vowed, reinforcing his case for ECB action next month to counter deteriorating global conditions. The ECB president made his remarks in the regional offices of Germany’s Bundesbank, which has fiercely opposed Mr Draghi’s desire to expand a bond buying programme as a [...]

By | February 5th, 2016|News|0 Comments