Stories Tagged as
European Central Bank
European Central Bank bails out Europe’s banks
by
Heidi Moore
Dec 21, 2011
The ECB has given about 490 billion euros in cheap loans to European banks, reflecting the crisis in Europe’s banking system.
European banks' overwhelming response to ECB plan
by
Josh Brown
Dec 21, 2011
The news that more banks than expected are putting a hand out for help from the European Central Bank had markets on a roller coaster today.
Ex-Bank of England member: Central bank action an ominous sign
Dec 9, 2011
Markets breathed a sigh of relief last week as central banks around the world agreed to joint action to fight the European debt crisis. But according to someone on the front lines in 2008, this could mean things are worse than we know.
All I want from for Christmas? A bazooka, please
Dec 8, 2011
Markets today were like a huffy kid who stomps off because Santa only brought him two out of the three of the gifts on his list. Santa is the European Central Bank.
ECB drops interest rates to 1 %
Dec 8, 2011
Economist Adolfo Laurenti discusses the rate cut and the role of the European Central Bank in Europe's future.
Why does the EU want U.S. dollars?
by
Paddy Hirsch
Dec 2, 2011
Marketplace Money Senior Producer Paddy Hirsch explains why Europe needs dollars instead of euros as the EU tries to sort out its financial problems.
For public good, not for profit.
ECB actions similar to the Fed's in 2008
by
Heidi Moore
Dec 1, 2011
There is an ongoing effort to get the euro back to normal, and the crisis is looking more and more like the sub-prime mortgage crisis here in the U.S.
PODCAST: Super Mario II
by
Mary Dooe
Dec 1, 2011
Markets are finally smiling again following the news yesterday that coordinated action will be taken by the world's central banks to ease credit and increase liquidity. In Illinois, state lawmakers have rejected a bill that would have offered millions of dollars in tax breaks to keep the Chicago Mercantile Exchange from leaving the state. And some economists say long-term benefits help the unemployed avoid reality.
Markets react well to help from world's central banks
by
Heidi Moore
Dec 1, 2011
The Dow had its best day in almost three years yesterday following the news that central banks around the world would help ease the credit crunch.