ECB is designing, supervising implementation of a number of infrastructure projects in Madinaty, New Cairo, Giza, 6th of October City
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The project is expected to begin in September 2018 and will be completed in September 2021
German monthly inflation rose more than expected in December, hitting the highest level in more than three years, and positively rounding off a dismal year for central bank efforts to push prices with monetary policy.
The governing council of the European Central Bank has decided to leave its current interest rates unchanged.
The ECB’s governing council is meeting in Frankfurt to debate policy options to further stimulate the eurozone’s economy and get the inflation rate closer to 2 percent. So far, the progress made has been meager.
The European Central Bank has left key interest rates and its QE asset purchasing scheme unchanged. The move was largely expected as analysts said the bank needed to save some monetary ammunition for a December meeting.The ECB held its key refinancing rate at a record-low level of 0 percent on Thursday, where it’s
The eurozone weathered the Brexit vote “with encouraging resilience” and the European Central Bank is ‘ready, willing and able’ to make sure that momentum holds, Mario Draghi said after the bank’s latest policy meeting.
Investors are now paying to own German bonds, as they flock towards safe havens amid Brexit fears and turbulent stock markets. The ECB’s quantitative easing program further pushes down interest rates on sovereign debt.
Slovenia’s central bank has confirmed that Governor Bostjan Jazbec is under investigation as part of the probe into alleged irregularities at the bank in 2013. The ECB has threatened legal action.
The financial crisis is coming back to roost in Italy after warnings about Banco Monte dei Paschi di Siena’s massive amount of non-performing loans caused Italian banking shares to plumb new depths.
The heads of the European Central Bank have come together for a strategy meeting in Sintra, Portugal.
The European Central Bank has said it’s prepared to pump more money into financial markets, should such a move be required to calm markets after Britain’s pro-Brexit vote. National lenders are playing along.
Greek’s ailing banks will be given access to the European Central Bank’s refinancing program. The move brings Greece closer to financial normalization, a gift for its compliance in passing tough austerity measures.
Germany’s highest court has ruled in favor of one of the European Central Bank’s (ECB) crisis-fighting tools, but the real problem facing the eurozone is chronically low interest rates, argues DW’s Christoph Hasselbach.
Germany’s supreme court will rule on whether the ECB has the authority it has claimed under “Outright Monetary Transactions” to do “whatever it takes” to save the euro.The tool was never used, but caused quite a stir.
Starting this month, the European Central Bank (ECB) will be buying up a lot of European corporate bonds. We look at why it has decided to do so and what effect the measure may or may not have short-term.
The days of the eurozone’s highest-denomination banknote may be numbered. The Governing Council of the European Central Bank is meeting on Wednesday to discuss whether the currency area still needs 500-euro bills.