ATHENS, Feb 28- Greece called into question on Saturday a major debt repayment it must make to the European Central Bank this summer, after acknowledging it faces problems in meeting its obligations to international creditors. Finance Minister Yanis Varoufakis said Athens should negotiate with the ECB on 6.7 billion euros in Greek government bonds held by...
*National bankers fault secretiveness, communication style. *Some members plan to raise concerns at governors' dinner. FRANKFURT/ PARIS, Nov 4- National central bankers in the euro area plan to challenge European Central Bank chief Mario Draghi on Wednesday over what they see as his secretive management style and erratic communication and will urge him to act...
*Berlin criticism of ECB course reaches new heights. BERLIN/ FRANKFURT/ PARIS, Oct 23- In early October, European Central Bank board member Benoit Coeure paid a discreet visit to the Chancellery in Berlin to express concerns about rising criticism of the bank from German politicians. The Frenchman, one of ECB President Mario Draghi's closest allies in Frankfurt,...
WASHINGTON, Oct 15- Federal Reserve Chair Janet Yellen told a closed-door meeting over the weekend that the U.S. economy was poised to grow about 3 percent going forward, with inflation set to rise toward the U.S. central bank's target, Bloomberg News reported on Wednesday. Citing two people familiar with Yellen's comments, Bloomberg News said Yellen made the...
ST. LOUIS- Federal Reserve Bank of St. Louis President James Bullard gives welcome remarks before the 39th Annual Federal Reserve Bank of St. Louis Fall Conference- 1345 GMT. WASHINGTON- Peterson Institute/ Moody Investors Service host panel on "The EU financial system on the eve of the single supervisory mechanism." WASHINGTON- 2014 Bretton Woods Committee...
It is "not normal" that both sides of the Atlantic do not have the same set of rules, says Jean-Claude Trichet, former ECB president, commenting on the BNP Paribas fine.
The real economy is not "functioning correctly", says former ECB President, Jean-Claude Trichet, and governments must continue to implement structural reforms.
The ECB latest action are "absolutely justified", and Mario Draghi must continue to send strong messages to governments and the private sector says Jean-Claude Trichet, former ECB president.
The former president of the European Central Bank also told CNBC the shutdown signals "enormous difficulty" for the nation's democratic processes.
Former ECB President Jean-Claude Trichet joins CNBC's Rick Santelli to discuss how the euro zone's reforms helped labor.
The European Central Bank is likely to keep interest rates on hold on Thursday but may offer clues on its policy path for next year with updated forecasts likely to present a grim outlook for the euro zone economy in 2013.
Jean-Claude Trichet, former ECB president, explains why Europe's financial crisis is a crisis of advanced economies as well, with CNBC's Michelle Caruso-Cabrera.
The euro zone’s debt crisis is just the center of an “adjustment” which is affecting all advanced economies, former European Central Bank (ECB) President Jean-Claude Trichet told CNBC.
Ten days after becoming Irish finance minister last March, Michael Noonan spoke with Jean-Claude Trichet, then the chief at the European Central Bank, and told him what his Fine Gael party had been telling voters for weeks: the new government intended to force losses on holders of senior Irish bank debt, the Financial Times reports.
Market watchers, journalists and self-declared ECB experts of all ilk have fostered the long-cherished (and equally long misguided) view that ECB council members walk into the meetings waving the flag of their respective countries. They don´t.
During Europe's financial crisis the European Central Bank has been "an anchor of stability and confidence," former president Jean-Claude Trichet said.
Following the daily swings of the euro zone debt crisis, it can be difficult to focus on the long-term, bigger picture.
The markets are making it clear they think Italy will be better off financially if the country’s Prime Minister, Silvio Berlusconi, steps down. There’s a reason for that.
Stubbornly high euro zone inflation data on Monday reinforced money market bets that the European Central Bank will wait until December to cut interest rates. That sentiment was echoed by Hedgeye Risk Management CEO Keith McCullough.
A month-long rally for stocks and a European Union deal on its debt crisis have lifted investors' mood, but at least one economist is amazed at the reaction to Europe’s latest attempt to solve its sovereign debt woes.