European Central Bank

On day two of my fellowship in Germany, our group of 12 American journalists learned more about the organization sponsoring our trip, the RIAS Berlin Kommission. RIAS stands for "Radio in the American Sector" and is a former radio station based in...

TOKYO (Reuters) - Asian shares tumbled to nine-month lows on Thursday as slowing Chinese manufacturing activity exacerbated sentiment already unnerved by the U.S. Federal Reserve Chairman Ben Bernanke confirming the Fed would begin reducing its stimulus...

TOKYO (Reuters) - The U.S. dollar rose broadly on Thursday after the Federal Reserve signaled it would begin to dial down stimulus this year as the economic outlook improves. The Australian dollar and emerging Asian currencies fell sharply as traders...

BRUSSELS (Reuters) - Euro zone finance ministers will decide on Thursday when and how their bailout fund can invest in a bank to save it from failure, laying a cornerstone of the banking union seen as vital to restore economic growth. Ministers from...

FRANKFURT (Reuters) - German banking association BDB signaled it may drop its opposition to a pan-European deposit guarantee scheme, a radical step under which German lenders would help absorb the losses of failed banks in other European states. The BDB,...

DUBLIN (Reuters) - Ireland has a good chance of exiting its bailout this year but would benefit from more European support in cleaning up its indebted banks and the safety net of precautionary funding, the International Monetary Fund said on Wednesday....

* Official optimism over potential growth hotly contested * Euro zone doomed to slow growth without painful reforms * Politicians may opt for debt cut remedies that harm growth By Alan Wheatley, Global Economics Correspondent LONDON, June 19 (Reuters)...

LONDON (Reuters) - Half-way towards a lost decade for Europe's economy, pessimism persists about the political will to halt a worrying slide in the region's potential growth. Without sweeping reforms to boost productivity, Europe's output will remain...

MADRID (Reuters) - Spain has made strong progress in fixing its economy but needs to do more to put millions back to work and shield its fragile banks from recession, the International Monetary Fund said on Wednesday. Echoing European Commission...

BRUSSELS/ATHENS (Reuters) - European foot-dragging could leave Greece short of 2.0 billion euros ($2.7 billion) this year as some euro zone creditors are reluctant to roll over their Greek debt holdings, Greek and euro zone sources involved in the...

MADRID/DUBLIN (Reuters) - Spain and Ireland have made strong progress in fixing their economies but recovery will hinge on their capacity to clean up ailing lenders, create jobs and maintain investor confidence, the IMF said on Wednesday. Both...

* Market nervous ahead of Fed signals on stimulus * Dollar/yen outlook tied to stocks, rather than U.S. bond yields * U.S. CPI in focus ahead of Fed's meeting on Tues-Wed By Hideyuki Sano TOKYO, June 18 (Reuters) - The U.S. dollar hovered above a two-...