European Central Bank
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European Central Bank makes largest-ever interest rate hike
Business | Sep 08, 2022, 07:05 PM ISTECB followed the US Federal Reserve and other central banks in a global stampede of rapid rate hikes meant to snuff out record inflation that is squeezing consumers and pushing Europe toward recession.
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Police cars burn at anti-austerity protest in Germany
World | Mar 18, 2015, 06:28 PM ISTFrankfurt, Germany: At least four police cars were set alight and two officers injured Wednesday as authorities confronted anti-austerity protesters trying to blockade the inauguration ceremony for the European Central Bank's new headquarters in Frankfurt,
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Euro slides to 2-year low on Greek election fear
Dec 30, 2014, 01:25 PM ISTNew Delhi: The European single currency traded at almost a two-year low against the dollar after Greece's prime minister failed to get his presidential candidate confirmed, triggering an early parliamentary election.Euro is headed for a
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European bank's website hacked, data stolen
World | Jul 25, 2014, 07:01 AM ISTBrussels: The European Central Bank (ECB) on Thursday said its website had been hacked and some email addresses and other contact information stolen, but insisted no market-sensitive data was compromised.ECB said the hacked database serves
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European Central Bank keeps rates unchanged
Dec 05, 2013, 06:42 PM ISTFrankfurt, Germany: The European Central Bank left its key interest rate unchanged on Thursday, even though the economic recovery has almost ground to a halt in the 17-country eurozone.The currency bloc's chief monetary authority left
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Eurozone recovery hits snag in third-quarter
Nov 14, 2013, 04:21 PM ISTLondon: The recovery from recession in the 17-country eurozone continued in the third-quarter of the year -- but only just. Eurostat, the EU's statistics agency, said Thursday that the region, which only emerged from its
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Gold rises by Rs 75, silver by Rs 300 on strong global cues
Jul 05, 2012, 04:02 PM ISTNew Delhi, July 5 : Both the precious metals, gold and silver, ended higher today on fresh buying by stockists and investors amid a firming global trend. While gold rose by Rs 75 to Rs