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  • Euro Zone Feb Inflation Hits Record High 3.3% Friday, 14 Mar 2008 | 7:06 AM ET

    Euro zone inflation hit a new record high of 3.3 percent in February, the European Union's statistics office said, with soaring oil prices taking their toll despite the cushion of a strong euro.

  • ECB's Trichet Criticizes Disorderly FX Moves Thursday, 13 Mar 2008 | 5:54 AM ET
    European Central Bank President Jean-Claude Trichet

    European Central Bank President Jean-Claude Trichet said disorderly swings in currencies were undesirable, according to an interview with a French magazine published on Thursday.

  • ECB Is Worried About Excessive Currency Moves Monday, 10 Mar 2008 | 10:00 AM ET

    European Central Bank President Jean-Claude Trichet said on Monday that the bank is currently concerned about excessive movements in currency exchange rates which are undesirable for economic growth.

  • Central Banks Voice Concern on Inflation Friday, 7 Mar 2008 | 8:22 AM ET

    Central bankers from the world's industrialised and developing regions voiced concern on Friday over surging food and energy prices, their latest big challenge as globalisation unsettles the balance of supply and demand.

  • Euro Strength Reduces ECB's Surplus Thursday, 6 Mar 2008 | 10:18 AM ET

    The European Central Bank's surplus fell to 286 million euros ($439 million) last year from 1.37 billion euros in 2006, because of the euro's strength, the bank said on Thursday.

  • ECB, BoE Expected to Hold, for Now Thursday, 6 Mar 2008 | 5:00 AM ET

    The European Central Bank and the Bank of England are likely to keep interest rates unchanged at their meetings on Thursday but monetary policy easing is on the cards for later, analysts and dealers expect.

  • Euro Zone Economy Slows, Inflation Jumps Tuesday, 4 Mar 2008 | 10:33 AM ET
    ** FILE ** Euro coins fall out of the hands of a person in Frankfurt, central Germany, Feb. 4, 2007. The euro set an all-time high against the dollar Friday, April 27, 2007, buying US$1.3682 as fears about a U.S. economic slowdown mounted amid signs of weak growth. L(AP Photo/Michael Probst)

    Quarterly euro zone economic growth almost halved in the last three months of 2007 and prices at factory gates jumped in January, data showed, highlighting the diverging growth and inflation trends faced by the ECB.

  • Euro Zone Inflation Steady, but Still High Monday, 3 Mar 2008 | 5:56 AM ET

    Euro zone inflation remained at a record high in February, the European Union's statistics office estimated on Monday, ahead of the European Central Bank's rate meeting and new growth and inflation forecasts on Thursday.

  • ECB's Weber Says Market Bet on Rate Cuts is Wrong Wednesday, 27 Feb 2008 | 12:39 PM ET

    Market expectations that the European Central Bank will cut interest rates fail to consider the dangers of higher inflation, ECB Governing Council member Axel Weber said on Wednesday.

  • Almunia Says Excess Euro Volatility Not Welcome Wednesday, 27 Feb 2008 | 7:58 AM ET

    The euro's exchange rate is shaped by the market but excessive volatility is unwelcome, EU Economic and Monetary Affairs Commissioner Joaquin Almunia said on Wednesday as the euro hit record highs against the dollar.

  • Europe this Week: Banks, Banks, Banks Friday, 22 Feb 2008 | 12:08 PM ET

    The week started and finished with news of the nationalization of British troubled bank Northern Rock, ending a five-month period of uncertainty about the bank’s future. In between, results from banks caused investors ecstasy or agony.

  • Euro Stocks Head for another Whirlwind Week Friday, 22 Feb 2008 | 11:31 AM ET

    Volatility will continue to be the name of the game in European stock markets next week, as jittery investors fear more surprises from the banking sector, analysts said on Friday.

  • ECB Holds Rate, Trichet Warns on Inflation, Growth Thursday, 7 Feb 2008 | 12:05 PM ET

    The European Central Bank kept its main rate on hold at 4 percent as expected on Thursday, despite mounting pressure for an easing in monetary policy to help avert a global recession.

  • European Leaders Call for Greater Transparency Tuesday, 29 Jan 2008 | 5:35 AM ET
    British Prime Minister Gordon Brown.

    Key European leaders are calling for greater transparency in world financial markets, meeting Tuesday in London to discuss how they can rescue the turbulent global economy.

  • Italy's Prodi Resigns After Losing Senate Vote Thursday, 24 Jan 2008 | 6:58 PM ET

    Italian Prime Minister Romano Prodi resigned on Thursday after his centre-left government lost a confidence vote in the Senate, prompting opposition leader Silvio Berlusconi to demand immediate elections.

  • Euro Zone Better off than the US: ECB's Liebscher Thursday, 24 Jan 2008 | 3:27 AM ET

    Euro zone growth could come in below 2 percent this year, European Central Bank Governing Council member Klaus Liebscher was quoted as saying on Thursday, but the region is better off than the United States.

  • Euro Zone Services Growth Points to Weakness Wednesday, 23 Jan 2008 | 4:44 AM ET

    Euro zone services growth slumped significantly below forecasts to a rate not seen in over four years this month, but manufacturing growth remained unchanged from December, a key survey showed on Wednesday.

  • EU Finance Ministers Urge for Transparency Thursday, 17 Jan 2008 | 1:03 PM ET

    Finance ministers from Europe's top four economies called on Thursday for greater market transparency, full disclosure of losses and better coordination among supervisory bodies in response to the global credit crunch.

  • As many of you know, I have been following the Gabibbo-Big Red lawsuit for years and noted last month that Western Kentucky had lost what appears to be the first round in their fight against an Italian media company for what they say amounts to the copying of their mascot and turning him into a children's television show star.

  • ECB's Mersch Expects Euro-Zone Slowdown: Report Wednesday, 16 Jan 2008 | 12:13 PM ET

    There are downside risks to euro zone growth and the European Central Bank will remain flexible on interest rates, Governing Council member Yves Mersch was quoted as saying on Wednesday.