• European Central Bank, Christine Lagarde

    European Central Bank makes largest-ever interest rate hike

    Business | September 08, 2022 19:05 IST

    ECB 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.

  • police cars burn at anti austerity protest in germany

    Police cars burn at anti-austerity protest in Germany

    World | March 18, 2015 18:28 IST

    Frankfurt, 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,

  • euro slides to 2 year low on greek election fear

    Euro slides to 2-year low on Greek election fear

    December 30, 2014 13:25 IST

    New 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

  • european bank s website hacked data stolen

    European bank's website hacked, data stolen

    World | July 25, 2014 7:01 IST

    Brussels: 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

  • european central bank keeps rates unchanged

    European Central Bank keeps rates unchanged

    December 05, 2013 18:42 IST

    Frankfurt, 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

  • eurozone recovery hits snag in third quarter

    Eurozone recovery hits snag in third-quarter

    November 14, 2013 16:21 IST

    London:  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

  • gold rises by rs 75 silver by rs 300 on strong global cues

    Gold rises by Rs 75, silver by Rs 300 on strong global cues

    July 05, 2012 16:02 IST

    New 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