European Central Bank head Jean-Claude Trichet praised new Greek austerity measures Thursday but gave short shrift to a possible bid for IMF help that Athens said it had to consider. "We appreciate enormously what has been decided because we judge it appropriate, commensurate to the difficulty and convincing," Trichet said ...

The European Central Bank held its key interest rate steady at 1.0 percent on Thursday while markets focused on pending changes to the bank's special loan policies and the Greek debt crisis. The ECB's benchmark lending rate is tipped to remain at its present record low level ...

FRANKFURT (Reuters) - The European Central Bank took a small step toward unwinding its extraordinary support for the euro zone economy Thursday, but it forecast a fragile recovery and left much of its cash buffer for banks in place. The ECB said it would return next month to competitive tenders for ...

European Central Bank leaves key rate at 1 pct; BoE also stays unchangedThe European Central Bank left its benchmark interest rate unchanged at 1 percent Thursday and confirmed that it will continue to scale back special lending measures it introduced during the financial crisis, even though the economy in the ...