Topic: European Central Bank

Amid worries that Greece might ditch the euro after its upcoming election, the telltale sign of such a move will likely come much sooner, Benn Steil of the Council on Foreign Relations said Wednesday.    Read More

To alleviate Europe’s debt crisis, Cramer thinks these two measures need to be taken.   Read More

The odds are rising of a Greek exit from the euro - but what happens next is another question.   Read More

The Greek drama plays on and the Swiss may go for the gold - it's time for your FX Fix.   Read More

National Bank of Greece, the oldest Greek commercial bank, saw its financial condition so damaged by the crisis that it was operating with negative shareholder equity at the end of 2011.   Read More

Austerity is imposing intolerable unemployment and political chaos in Greece, and won’t permit it to repay its debts. Athens must abandon the euro and reintroduce the drachma.    Read More

Recent volatility serves as yet another reminder that markets cannot be divorced from developments in the global economy — and especially at a time when the 17-member construct of the European monetary union is being increasingly questioned on account of what is happening in Greece.   Read More

In the next few months, the masquerade will end. Ultimately several Eurozone members must restructure their private and public debts, while a few may have to exit the monetary union. Greece is only the first in the line.    Read More

Sunday’s elections in Europe occurred in three countries with diverse economic circumstances, and they were for different parts of government (presidential, regional, and parliamentary respectively). Yet the common message from the electorate is undeniable, reminiscent of a famous line in the 1976 movie Network: “I'm as mad as hell, and I'm not going to take this anymore!”    Read More

Buying shares in Facebook will not be worth the risk over the long term, according to David Lowery, equity strategist at Faraday Research.   Read More