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Greece headed for snap-polls as lawmakers fail to elect president

Dec 29, 2014

Greece headed for snap-polls as lawmakers fail to elect president

ruling coalition.A negotiating team from the "troika" of creditors from the EU, IMF and European Central Bank, had been due to resume talks in
New leadership seeks to rebuild EU self-confidence

Dec 22, 2014

New leadership seeks to rebuild EU self-confidence

are being tested by defiance from Paris and Rome. The European Central Bank, the federal institution in charge of the 18-nation euro single currency
OPEC chief defends policy, says group to try to ride out price fall

Dec 14, 2014

OPEC chief defends policy, says group to try to ride out price fall

.There was also talk of the price trend adding to deflation pressures in Europe, increasing bets that the European Central Bank will be forced to resort to
GDP may have slowed to 5.1% in Q2, clamour for rate cut grows louder

Nov 27, 2014

GDP may have slowed to 5.1% in Q2, clamour for rate cut grows louder

first time in more than two years, taking markets completely by surprise, and is expected to ease policy further. The European Central Bank is under
Japan committed to fight deflation, may expand stimulus plan

Nov 25, 2014

Japan committed to fight deflation, may expand stimulus plan

partially echoed by an European Central Bank policymaker as the Eurozone economy battles to lift off.In a speech to business leaders, Kuroda stood firm in the
Modi ranked 15th on Forbes power list; Putin tops

Nov 06, 2014

Modi ranked 15th on Forbes power list; Putin tops

Foundation Co-chair Bill Gates (No. 7), European Central Bank President Mario Draghi (No. 8), Google cofounders Larry Page and Sergey Brin (No. 9), and
EBRD warns post-Cold War "peace dividend" at risk

Sep 18, 2014

EBRD warns post-Cold War "peace dividend" at risk

."The organisation shaved another slice off its regional forecasts for the year, predicted Russia would dip into recession in 2015 and urged the European Central Bank
China c.bank injects $81 billion into major banks to support economy - reports

Sep 18, 2014

China c.bank injects $81 billion into major banks to support economy - reports

downturn in the world's second-largest economy have buffeted global markets in recent months, and other major central banks such as the European Central Bank
ECB joins the money printing party and launches QE lite

Sep 05, 2014

ECB joins the money printing party and launches QE lite

The European Central Bank (ECB) led by Mario Draghi has decided to cut its main lending rate to 0.05% from the current 0.15%. It has also decided to