european central bank

The coronavirus crisis has brought the EU's failings into sharp relief | Larry Elliott

The coronavirus crisis has brought the EU's failings into sharp relief | Larry Elliott

Last week’s meeting of leaders was supposed to help. Instead it turned out to be a complete car crashEurope is being ravaged by the coronavirus pandemic. There have been more than 10,000 deaths in
Europe’s Leaders Ditch Austerity and Fight Pandemic With Cash

Europe’s Leaders Ditch Austerity and Fight Pandemic With Cash

As Britain and the European Union respond to a public health emergency and economic crisis, they are abandoning dogmatic frugality and embracing Keynes.
Europe’s Leaders Ditch Austerity and Fight Pandemic With Cash

Europe’s Leaders Ditch Austerity and Fight Pandemic With Cash

As Britain and the European Union respond to a public health emergency and economic crisis, they are abandoning dogmatic frugality and embracing Keynes.
The shock of coronavirus could split Europe – unless nations share the burden | Moritz Schularick and Adam Tooze

The shock of coronavirus could split Europe – unless nations share the burden | Moritz Schularick and Adam Tooze

European governments still seem destined to repeat the mistakes made in the financial crisis Coronavirus – latest updatesSee all our coronavirus coverageDuring the 2008 financial crisis, many
This Is the One Thing That Might Save the World From Financial Collapse

This Is the One Thing That Might Save the World From Financial Collapse

Amid everything else, there’s a deeper economic crisis underway.
Will ‘Helicopter Money’ and the ‘Big Bazooka’ Help Rescue Europe?

Will ‘Helicopter Money’ and the ‘Big Bazooka’ Help Rescue Europe?

Policymakers are bending previously sacred rules to mitigate economic disaster unleashed by the coronavirus. Will it be enough?
Will ‘Helicopter Money’ and the ‘Big Bazooka’ Help Rescue Europe?

Will ‘Helicopter Money’ and the ‘Big Bazooka’ Help Rescue Europe?

Policymakers are bending previously sacred rules to mitigate economic disaster unleashed by the coronavirus. Will it be enough?
A French Call to Arms Against the Virus

A French Call to Arms Against the Virus

With the pandemic spreading, President Emmanuel Macron has adopted the language of war. Will the land of joie de vivre fall in line behind him?
ECB U-turn shows it fears coronavirus could destroy eurozone project

ECB U-turn shows it fears coronavirus could destroy eurozone project

Bank now realises Europe will sustain grievous economic damage from Covid-19Coronavirus – latest updates See all our coronavirus coverage Weak. Clumsy. Behind the curve. The European Central Bank took
ECB U-turn shows it fears coronavirus could destroy eurozone project

ECB U-turn shows it fears coronavirus could destroy eurozone project

Bank now realises Europe will sustain grievous economic damage from Covid-19Coronavirus – latest updates See all our coronavirus coverage Weak. Clumsy. Behind the curve. The European Central Bank took
Bank of England cuts interest rates to 0.1%, stabilising markets  – as it happened

Bank of England cuts interest rates to 0.1%, stabilising markets – as it happened

Rolling coverage as the UK central bank takes emergency action for the second time in a week and the ECB and US Federal Reserve announce more stimulusBank of England cuts interest rates, adds £200bn

With the markets in turmoil, the ECB readies a bond-buying bazooka

The European Central Bank announced emergency measures to prop up the bond markets just days after Christine Lagarde declared, "We are not here to close spreads."
Europe’s Central Bank Vastly Expands Stimulus Measures

Europe’s Central Bank Vastly Expands Stimulus Measures

A new surge of bond purchases is intended to counteract “serious risks” to the eurozone economy as investors start to doubt Italy’s creditworthiness.
A New Hurt in Italy From the Coronavirus: A Banking Crisis

A New Hurt in Italy From the Coronavirus: A Banking Crisis

The nation’s banks, long at the center of worries about European finance, look more likely to get a rescue.
A New Hurt in Italy From the Coronavirus: A Banking Crisis

A New Hurt in Italy From the Coronavirus: A Banking Crisis

The nation’s banks, long at the center of worries about European finance, look more likely to get a rescue.
Italy will be Europe's canary in the coalmine for the post-Covid economy | Marchel Alexandrovich

Italy will be Europe's canary in the coalmine for the post-Covid economy | Marchel Alexandrovich

All eyes will be on the southern European state to see if the ECB’s measures will prevent a health emergency becoming an economic oneIf there were any doubts as to how seriously European officials are
Fed bids to shore up confidence after worst week in 12 years

Fed bids to shore up confidence after worst week in 12 years

Pledges of help from EU, China and Germany plus declaration of US emergency produce mild rally after torrid week The world’s most powerful central bank, the US Federal Reserve, is preparing a fresh
Europe Pledges Billions in Economic Aid in Rare Sign of Unity

Europe Pledges Billions in Economic Aid in Rare Sign of Unity

Announcements from government leaders contrast with the bickering that characterized Europe’s response to the financial crisis a decade ago.
Fed bids to shore up confidence after worst week in 12 years

Fed bids to shore up confidence after worst week in 12 years

Pledges of help from EU, China and Germany plus declaration of US emergency helped the S&P 500 to surge back after a torrid weekThe world’s most powerful central bank, the US Federal Reserve, is

ECB’s Lagarde to coronavirus-ravaged Italy: you’re pretty much on your own

The European Central Bank president sent European markets in a freefall on Thursday with her words: "we are not here to close spreads."