The European Central Bank said Thursday it is staying on course to wrap up its 2.5 trillion euro ($2.85 trillion) stimulus program at the end of the year, even as risks from trade protectionism, Italian populist policies, and Brexit loom ever larger. Continue reading →
{FD} European Central Bank to take next step in tapering stimulus
The European Central Bank is expected to ratchet back its stimulus efforts again on Thursday as it gingerly phases out extraordinary support for the economy left over from the Great Recession and the euro currency union’s debt crisis. Continue reading →
{FD} Is the euro a problem? A look at its role in Italy’s drama
Italy’s political turmoil has roiled global financial markets this week and raised questions about the country’s future as a member of Europe’s shared currency, the euro. Continue reading →
{FD} Another euro crisis? Italian chaos reawakens concerns
Italy’s political turmoil is sending a wave of concern through Europe’s 19-country currency union as tremors are felt in financial markets. Continue reading →
{FD} Eurozone interest rates could stay frozen well into 2019
When will the European Central Bank join the U.S. Federal Reserve and start raising interest rates? Continue reading →
{FD} Europe’s recovery rolls on _ and so does ECB stimulus
Europe’s economy is on a roll — raising the question of exactly when the European Central Bank will end its extraordinary stimulus efforts. Continue reading →
{FD} New EU rules aim to protect investors, strengthen markets
New regulations to protect investors, improve market transparency and honesty and prevent another financial crisis went into effect on Wednesday in Europe. Continue reading →
{FD} 2 die from fireworks in Germany, no repeat of mass groping
Two people have died from fireworks injuries during New Year celebrations in Germany but the country avoided a repeat of the mass groping in Cologne in 2016 amid heightened security and efforts to protect women from sexual harassment. Continue reading →
{FD} Frankfurt auto show: Diesels improve, but will people buy?
German automakers stressed their low-emission credentials at the Frankfurt auto show this week, displaying a range of battery-powered cars. Continue reading →