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  • LISBON, Portugal— The fate of the European Central Bank's aggressive plan to stimulate the economy out of stagnation lies with the 340 million people in the 19- country euro alliance. The ECB plans to pump more than 1 trillion euros in new money into the region's economy. —Mario Polegato, billionaire chairman of Italian shoe company Geox SpA:.

  • DIARY- Top Economic Events to Feb 10 Friday, 23 Jan 2015 | 7:00 PM ET

    DAVOS, Switzerland- Bank of England Governor Mark Carney to take part in panel discussion on "The Global Economic Outlook"- 1500 GMT. **DUSSELDORF, Germany- Deutsche Bundesbank board member Joachim Nagel speaks at the annual conference of the German-Chinese Economy, organized by Handelsblatt and HSBC- 1400 GMT. LUXEMBOURG- Central Bank of Luxembourg Governor and...

  • Euro zone bond yields hit new record lows after the European Central Bank unveiled its QE programme- just what the doctor, or at least ECB chief Mario Draghi, ordered. While the composition of a new coalition government may not be quickly known, the prospect of a strong showing for the far-left Syriza party raises the spectre of a clash between Athens on the one hand...

  • *70 pct of cars bought on credit- Citi. LONDON, Jan 23- Shares in European carmakers powered to record highs on Friday as investors bet the European Central Bank's trillion-euro bond-buying plan would drive down the cost of car financing as well as boost eurozone companies' exports. Some 70 percent of cars in developed markets are bought on credit, according to...

  • *Internet governance hot topic at World Economic Forum. The issue is a hot topic at this year's World Economic Forum in Davos, and the forum is seeking to provide a platform for debate over ways to maintain an open, cross-border Web in the face of pressures for national regulation. A 2014 report by the Boston Consulting Group estimated the Internet economy will be...

  • DAVOS, Switzerland, Jan 23- Germany will use all the wiggle room it has in its budget to boost public investment, Finance Minister Wolfgang Schaeuble said on Friday. Other euro zone countries like France and Italy, as well as the International Monetary Fund, have repeatedly urged Germany to use its fiscal space to boost spending on infrastructure.

  • FRANKFURT, Jan 23- ECB chief Mario Draghi's 1 trillion euros of fresh money could prove the masterstroke that saves the euro zone for now, but it breaks the principle that the bloc acts as one, a move that could ultimately undermine the currency he is trying to save. In monthly 60 billion-euro installments from March, the European Central Bank will buy chiefly...

  • The European Central Bank's plan to rescue Europe's economy won't work on its own. ECB chief Mario Draghi on Thursday delivered on a pledge to do whatever it takes to pull Europe out of a deep and prolonged slump. "The ECB has made its move," says Jacob Kirkegaard, senior research fellow at the Peterson Institute for International Economics.

  • NEW YORK, Jan 22- The euro sank to a more than 11- year low against the dollar and a three-month low against the yen on Thursday after the European Central Bank launched a landmark bond-buying program that will pump hundreds of billions into a sagging euro zone economy. The ECB said it would buy government bonds from this March until the end of September 2016...

  • DAVOS, Switzerland, Jan 22- The GAVI global vaccines alliance is seeking to raise $7.5 billion at a funding conference in Berlin next week, as its battle to prevent infectious diseases in millions of children reaches an expected peak. The economic benefits of that will be some $80 billion and $100 billion, underscoring the cost-effectiveness of vaccines as a...

  • DUBLIN/ FRANKFURT, Jan 22- Business leaders in Europe gave a mixed welcome to the European Central Bank's moves to bolster growth and inflation in the euro area on Thursday, with many- especially in Germany- concerned the programme could delay unpopular economic reforms. "This is a step in the right direction and we'll have to watch and see how it plays out," Swiss...

  • FRANKFURT, Jan 22- The European Central Bank took the ultimate policy leap on Thursday, launching a government bond-buying programme which will pump hundreds of billions in new money into a sagging euro zone economy. The ECB said it would purchase sovereign debt from this March until the end of September 2016, despite opposition from Germany's Bundesbank and...

  • FRANKFURT, Germany— The European Central Bank on Thursday launched its most aggressive effort to date to revive the region's ailing economy— a program to buy 1.1 trillion euros in government and private bonds starting in March. The ECB said it would combine purchases of government bonds with an existing smaller program of private bond purchases, to total 60...

  • The ECB's new chapter  Thursday, 22 Jan 2015 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the formal announcement of European quantitative easing.

  • BERLIN, Jan 22- The ECB's plan to pump cash into the euro zone met with dismay in Europe's biggest economy, with many Germans worried they will bankroll measures that remove incentives for struggling member states to carry out the reforms prescribed by Angela Merkel. The chancellor, paying lip service to the independence of the European Central Bank, reiterated...

  • DAVOS, Switzerland, Jan 22- German Chancellor Angela Merkel warned fellow European leaders on Thursday not to ease off on economic reforms after the European Central Bank announced bold new moves to bolster growth in the euro area. Speaking to a large audience at the World Economic Forum in Davos, Switzerland, just as ECB President Mario Draghi was unveiling a...

  • NEW YORK, Jan 22- U.S. The ECB said it would buy government bonds from this March until the end of September 2016 despite opposition from Germany's Bundesbank and concerns in Berlin that it could allow spendthrift countries to slacken economic reforms. "It's pretty aggressive, slightly more than the market was looking for," said Wilmer Stith, a fixed income...

  • FRANKFURT, Jan 22- The European Central Bank took the ultimate policy leap on Thursday, launching a government bond-buying programme which will pump hundreds of billions of new money into a sagging euro zone economy. The ECB said it would buy government bonds from this March until the end of September 2016 despite opposition from Germany's Bundesbank and...

  • By Paul Carrel and John O'Donnell. FRANKFURT, Jan 22- The European Central Bank kept the cost of borrowing unchanged on Thursday and remains poised to announce a plan to buy government bonds with new money, its last gambit for breathing life into a euro zone economy. Expectations are high for the ECB to unveil large-scale quantitative easing despite opposition...

  • FRANKFURT, Jan 22- The European Central Bank is poised to announce a plan on Thursday to buy government bonds, resorting to its last big policy option for breathing life into the flagging euro zone economy. Market expectations are sky-high for the ECB to unveil large-scale quantitative easing- printing money to buy government bonds- despite opposition from...