Greek Prime Minister Alexis Tsipras had a final chance to present credible reform proposals to an emergency euro zone summit on Tuesday to persuade skeptical creditors to reopen aid talks before his country's banks run out of money.
A threat to split up Google Inc. should be a “last” option to force it to change behavior that’s driving small companies out of business, according to one of the European Union lawmakers backing tougher EU rules.
The ECB has restricted purchases of assets to covered bonds, though sovereign bonds and asset-backed securities are now on its shopping list. ECB officials accelerated covered-bond buying last week, with the total settled rising by more than 3 billion euros ($3.74 billion)
Staff at the ECB’s new overseer are preparing to monitor capital issuance by banks, and processing the results of a year-long asset review that revealed a stash of soured loans in the bloc now amounts to almost 900 billion euros ($1.1 trillion).