Topic: European Central Bank
Trichet return fuels talk of EU action on Greece
Reuters US Online Report Business News
ATHENS (Reuters) - Euro zone assets recovered some poise on Tuesday as markets bet the European Union would take steps to restore confidence in struggling members like Greece at a summit this week. But European policymakers kept the pressure up on Athens to solve its own problems. News that European Central ...
ECB gives cautious backing to Greek deficit plan
AP News
ECB gives cautious backing to Greek deficit reduction plan as it holds key rate at record lowsThe European Central Bank kept its main interest rate unchanged at the record low of 1 percent for the ninth month running Thursday and gave its cautious backing to the Greek government's attempt ...
ECB holds rates, sees moderate, uneven recovery
Reuters US Online Report Business News
FRANKFURT (Reuters) - The European Central Bank kept interest rates at a record low of 1.0 percent on Thursday and reaffirmed its view that the euro zone's economic recovery would be modest and uneven this year. All 86 economists in a recent Reuters poll had expected the ECB to ...
ECB's Trichet: Greece on right track, must meet goals
Reuters US Online Report Business News
FRANKFURT (Reuters) - It is vital that Greece meets its stated goals for cutting its budget deficit and steps announced by the government this week are encouraging, European Central Bank President Jean-Claude Trichet said on Thursday. "The ECB Governing Council approves of the medium-term goal that has been fixed by the ...
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