ECB’s Weidmann: Lesson from Cyprus is banks can be wound down
BERLIN (Reuters) - The Cyprus bailout shows banks can be wound down despite difficulties, European Central Bank (ECB) policymaker Jens Weidmann said in an interview broadcast on Sunday, adding the situation on the island had stabilized.
ECB says checking status of loans made to Spanish banks
BERLIN (Reuters) - The European Central Bank (ECB) is checking whether it may have contravened its own strict rules by lending to Spanish banks on overly generous terms, an ECB spokeswoman said on Sunday.
ECB says checking status of loans made to Spanish banks
BERLIN (Reuters) - The European Central Bank (ECB) is checking whether it may have contravened its own strict rules by lending to Spanish banks on overly generous terms, an ECB spokeswoman said on Sunday.
Portugal banks’ ECB borrowing down 6 percent in July
LISBON (Reuters) - Portuguese banks' borrowing from the European Central Bank (ECB)fell 6 percent in July after hitting a record high in the previous month as lenders in the bailed-out nation strove to reduce their dependency on ECB funds.
ECB saves Greece from bankruptcy by securing emergency loans-paper
BERLIN (Reuters) - The European Central Bank (ECB) has saved Greece from bankruptcy for the time being by securing it interim financing in the form of additional emergency loans from the Bank of Greece, German newspaper Die Welt said on Saturday.
Juncker: Euro zone leaders, ECB to act on euro – paper
BERLIN/PARIS (Reuters) - The euro zone is at a decisive point and leaders will work with the European Central Bank (ECB) to demonstrate their commitment to the stability of the single currency, Eurogroup head Jean-Claude Juncker said in interviews with European newspapers.
Barclays taps ECB for 8.2 bln euros of cheap cash
LONDON (Reuters) - Barclays Plc tapped the European Central Bank (ECB) for 8.2 billion euros ($10.8 billion) of cheap funding this week, marking a U-turn for the bank as it had previously been worried about the risk of political interference if it took funds.
