European Central Bank (ECB)

Interview: Paul De Grauwe

The major central banks have responded differently to the global financial and economic crisis, threatening a return to beggar-thyneighbour policies, Paul De Grauwe tells Malan Rietveld

Korea's target hits its aims

By having an explicit inflation target, the Bank of Korea is taking the optimum route to price stability, posits a new paper from the European Central Bank.

A setback for European payments

Terry Dirienzo, product and marketing director for Experian Payments, a consultancy, bemoans a French suspension of work on the Single Euro Payments Area (Sepa).

Demand for eurozone loans shrinks

Demand for loans from both businesses and households across the euro area fell sharply in the fourth quarter, the European Central Bank's (ECB) latest credit conditions survey indicated.

ECB: corporate credit weakening

Corporate credit is significantly weakening, said Jean-Claude Trichet and Lucas Papademos, the president and the vice president of the European Central Bank (ECB).

ECB cuts, Trichet signals more could come

The European Central Bank (ECB) has chopped a half point off its key rate and indicated rates could reach a fresh low in the months to come. The news followed confirmation that eurozone inflation sank below the central bank's target in December.

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