European Central Bank

With a rise in crypto craze globally, many countries around the world are experimenting with allowing trading and transactions in digital currencies. To ensure a safe gateway for transactions, central banks of countries are in process of releasing their own crypto currencies.

The European Central Bank on Wednesday formally launched a pilot project to create a "digital euro", in response to the growing popularity of electronic payments and the rise of cryptocurrencies.

The European Central Bank (ECB) is set to give the green light to a multi-year project to create a digital version of the Euro. An electronic equivalent of banknotes and coins, the digital Euro will likely be a digital wallet that euro zone citizens can keep at the ECB.

Men suffered bigger jobs losses across the euro zone during the COVID-19 pandemic, a European Central Bank study found on Wednesday.

Thousands of miles from the corridors of the Federal Reserve and European Central Bank, a struggle between competing views on inflation is unfolding.

Former European Central Bank chief Mario Draghi was formally sworn in as Italy's new prime minister on Saturday, against the backdrop of the deadly coronavirus pandemic and a crippling recession.

Former European Central Bank chief Mario Draghi on Friday formally accepted the Italian premiership, charged with guiding his country through the devastation wrought by the coronavirus pandemic.

The European Central Bank's chief said the European Union's economy is in a "dramatic fall" due to the coronavirus crisis but EU leaders made little progress towards agreeing a massive stimulus plan.

There is no significant risk of catching the coronavirus from euro banknotes, the European Central Bank said Tuesday, citing lab tests that showed the germs survived far longer on other surfaces.

Equity markets plunged Thursday, with some recording their worst day in decades, after the US banned travel from Europe and the ECB failed to stem the selling tide.

In December, the RBI announced a Fed-style 'Operation Twist' -- buying long-dated bonds and selling the shorter tenor ones.

The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming a full-bore, worldwide depression.

Christine Lagarde will resign from the International Monetary Fund on September 12 as she awaits final word on her nomination to the presidency of the European Central Bank, she announced Tuesday.

American economist David Lipton will serve as interim leader of the International Monetary Fund, replacing Christine Lagarde who was nominated to head the European Central Bank, the IMF board announced Tuesday.

International Monetary Fund chief Christine Lagarde on Tuesday announced she would step down "temporarily" from the global crisis lender after being nominated to lead the European Central Bank.

With a rise in crypto craze globally, many countries around the world are experimenting with allowing trading and transactions in digital currencies. To ensure a safe gateway for transactions, central banks of countries are in process of releasing their own crypto currencies.

The European Central Bank on Wednesday formally launched a pilot project to create a "digital euro", in response to the growing popularity of electronic payments and the rise of cryptocurrencies.

The European Central Bank (ECB) is set to give the green light to a multi-year project to create a digital version of the Euro. An electronic equivalent of banknotes and coins, the digital Euro will likely be a digital wallet that euro zone citizens can keep at the ECB.

Men suffered bigger jobs losses across the euro zone during the COVID-19 pandemic, a European Central Bank study found on Wednesday.

Thousands of miles from the corridors of the Federal Reserve and European Central Bank, a struggle between competing views on inflation is unfolding.

Former European Central Bank chief Mario Draghi was formally sworn in as Italy's new prime minister on Saturday, against the backdrop of the deadly coronavirus pandemic and a crippling recession.

Former European Central Bank chief Mario Draghi on Friday formally accepted the Italian premiership, charged with guiding his country through the devastation wrought by the coronavirus pandemic.

The European Central Bank's chief said the European Union's economy is in a "dramatic fall" due to the coronavirus crisis but EU leaders made little progress towards agreeing a massive stimulus plan.

There is no significant risk of catching the coronavirus from euro banknotes, the European Central Bank said Tuesday, citing lab tests that showed the germs survived far longer on other surfaces.

Equity markets plunged Thursday, with some recording their worst day in decades, after the US banned travel from Europe and the ECB failed to stem the selling tide.

In December, the RBI announced a Fed-style 'Operation Twist' -- buying long-dated bonds and selling the shorter tenor ones.

The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming a full-bore, worldwide depression.

Christine Lagarde will resign from the International Monetary Fund on September 12 as she awaits final word on her nomination to the presidency of the European Central Bank, she announced Tuesday.

American economist David Lipton will serve as interim leader of the International Monetary Fund, replacing Christine Lagarde who was nominated to head the European Central Bank, the IMF board announced Tuesday.

International Monetary Fund chief Christine Lagarde on Tuesday announced she would step down "temporarily" from the global crisis lender after being nominated to lead the European Central Bank.