European policy makers have rushed to the aid of their lifeless economy, cutting interest rates and promising that more help is on the way. Too bad th...

The European Central Bank is the one entity that is theoretically free to make an "independent" decision about what it is to do, as it is not directly controlled by other governments or the European Union administration and parliament.

The silly season of politics is fully underway. Though it is not our habit to predict political outcomes, we are going on record with our belief that...

* Conservative media, some Merkel MPs slam ECB bond-buying plans * Eurosceptic lawmakers mull fresh legal action * Merk...

Thing One: Draghi's Big Day: Most of the time, watching Europe try to deal with its endless debt crisis feels like nothing more than a kinda-sad, kind...

Today, the ECB announced that, as speculated by the markets, it would purchase bonds of Italy and Spain, in order to reduce financing costs. Yet, the markets were disappointed. There are three reasons why this disappointment was almost predictable.

LONDON, July 26 (Reuters) - European Central Bank President Mario Draghi pledged on Thursday to do whatever was necessary to protect the euro zone f...

However, in contrast to what passes for the economic wisdom of today, an increase in the rate of sovereign bond yields would be a function of deterioration in their credit, currency and inflation risks. But it would never be because of an increase in the prospects for growth.

* Greece says has deal with creditors, party leaders * Euro zone ministers demand action before more aid * Want parliame...

In the wake of the financial crisis, the Federal Reserve took drastic measures to shore up the U.S. financial system. Now as Europe enters its worst e...

FRANKFURT, Germany — Struggling banks snapped up euro489 billion ($639 billion) in cheap loans from the European Central Bank on Wednesday, a si...

The agreement European leaders reached Thursday night was taken by some as a sign that the eurozone would avoid breakup. Not so fast. Economists, poli...

NEW YORK — Financial markets slumped Thursday after the head of Europe's central bank dashed hopes that the bank was preparing to help extinguis...

Over the 14 ½ Summits of the European leadership since the beginning of the Greek crisis, very little has been actually decided. In order to avoid a further and catastrophic deterioration of the precarious situation of its public finance, action must be the absolute priority.

FRANKFURT - The European Central Bank cut its main interest rate by 25 basis points to 1.25 percent on Thursday as the euro zone's worsening debt ...