Wednesday, April 7, 2010 as of 11:14 AM ET
The European Central Bank (ECB) is the institution of the European Union (EU) that administers the monetary policy of the 17 EU Eurozone member states.
Read More at Wikipedia ›Central banks and companies not bracing for a possible Greek euro exit would be making a grave error, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's deteriorating finances.
Greek elections are due on June 17 and could hasten the country's departure from the currency club should a government intent on ripping up the country's bailout program result. Polls suggest the outcome is too tight to call.Greece accounts for little more than two percent of the euro zone economy but could pose a profound contagion threat if it quit the currency area, throwing the spotlight on Portugal, Spain and even Italy."There is no organized discussion at the European level along the lines of: what do we do (if Greece leaves)," Belgium's Didier Reynders told the European American Press Club in Paris. "Now, if central banks and companies are not preparing for the scenario, that would be a grave professional error."Spain is in plenty of trouble even disregarding any backwas...J.P. Morgan said Thursday a continuing recession in Europe will lead the European Central Bank to ease monetary policy further with rate cuts and another lending mea...
European Union leaders, advised by senior officials to prepare contingency plans in case Greece decides to quit the single currency, urged the country to stay the co...
Greece will likely leave the euro zone on Jan. 1 2013 and its new currency will immediately fall by 60% against the euro, unleashing a massive yet manageable wave of...
Greece will leave the euro zone on Jan. 1 2013 and its new currency will immediately fall by 60% against the euro, unleashing a sizeable and unavoidable wave of cont...
The margin between mortgage rates and Swedish banks' financing costs have increased in recent years and was 1.1 percentage points at the end of the first quarter, Sw...
French President Francois Hollande Thursday said after a meeting in Brussels there is divergence on whether euro-zone bonds should be implemented as a tool to suppor...
Barron’s Associate Editor Michael Santoli on the impact of Greece and Europe as a whole on U.S. markets and the problems with the Facebook IPO.
As jitters about Greece leaving the eurozone reach a boiling point, one of the key lessons of the Lehman Brothers collapse should loom large over the heads of policy...
FBN’s Diane Macedo breaks down the stories moving the markets around the world.
An external consulting firm charged with evaluating the structure of Europe's new permanent rescue facility has raised questions about whether it will have enough st...
Blackrock Inc. (BLK) Chief Executive Laurence Fink calls on European countries and the European Central Bank to save the euro zone from breaking up at any cost, Germ...
UniCredit SpA (UCG.MI) Chief Executive Federico Ghizzoni said Wednesday he believes the euro zone's stabilization fund should be made available to recapitalize troub...
The Brazilian real strengthened in intraday trading Friday after repeated interventions by the central bank reinforced the outlook the government won't let the real ...
Motley Fool UK director David Kuo weighs in on the European stock market.
Spain's Bankia SA is set to ask the state for a more than 15 billion euros ($19 billion) bailout on Friday, marking another rise in the cost of a drawn-out rescue of...
The head of the global banking lobby that handled the private debt write-off for Greece warned on Friday that if the country leaves the euro zone, the world economy ...
Wary investors looked for bargains after recent sharp losses on Friday, keeping shares and the euro just above multi-month lows.They were also balancing hopes of pol...
FBN’s Charles Payne on the outlook for gold and silver.
Markit chief economist Chris Williamson weighs in on European market concerns.
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rewritten, or redistributed. ©2012 FOX News Network, LLC. All rights reserved.
