Eurozone banks have cut lending to their peers in other members of the currency bloc over the past year, European Central Bank (ECB) data showed on Monday, as questions mounted about the health of some lenders and the very future of the euro.
Central banks around the world should align their monetary policies to help prevent "destabilizing spillovers" between economies growing at different paces, European Central Bank President Mario Dr
There is firm support for a deposit rate cut within the European Central Bank's Governing Council but appetite for more radical action is still limited, conversations with policymakers indicate a month before the March rate decision.
The European Central Bank should be careful not to fall behind the curve in its efforts to revive the euro zone economy as risks to growth and inflation mount, the Bank of Italy's top economist said on Monday.
Diverging national laws on banking supervision are hampering the European Central Bank's work as single supervisor of the euro zone's largest lenders and the rules need to be harmonized, one of the ECB's top supervisors said on Tuesday.
The time taken for business to ramp up production when a currency falls means that the cheaper currency does not significantly translate into higher exports, two European Central Bank economists ha