Europe's central banker: Recovery 'risks losing momentum'

FRANKFURT, Germany (AP) — The head of the European Central Bank says that the economic recovery “risks losing momentum” due to the second wave of coronavirus infections and that the chief monetary aut...

Europe's central bank moves toward introducing digital euro

FRANKFURT, Germany (AP) — With consumers increasingly using cashless ways to buy things, the European Central Bank on Friday took a step closer to issuing a digital version of the euro currency shared...

Inflation slump could presage more eurozone stimulus

FRANKFURT, Germany (AP) — Annual inflation in the 19-country eurozone sagged further below zero in September, bolstering expectations that the European Central Bank will add to its emergency stimulus ...

European Central Bank head: Ready to add stimulus if needed

FRANKFURT, Germany (AP) — European Central Bank head Christine Lagarde says the bank's massive monetary stimulus measures have helped stabilize the economy amid the pandemic and the ECB is ready to de...

Central bank head: Europe's recovery uncertain, incomplete

FRANKFURT, Germany (AP) — The head of the European Central Bank says that the economy is rebounding but that the recovery remains uncertain, incomplete and dependent on containig the virus outbreak. ...

European Central Bank president praises Taiwan’s coronavirus response

TAIPEI (Taiwan News) — European Central Bank President Christine Lagarde identified Taiwan as an example of how women leaders were handling the Wuhan coronavirus (COVID-19) pandemic, according t...

Coronavirus: Germany's Angela Merkel eyes EU summit deal

The European Union's 27 heads of state and government met in Brussels on Monday for the fourth day in a row as they try to unite behind a controversial post-coronavirus relief fund and the EU'...

European Central Bank keeps monetary stimulus on track

FRANKFURT, Germany (AP) — The European Central Bank has left its monetary stimulus programs unchanged ahead of a key meeting of EU leaders on a recovery plan meant to help the economy bounce back from...

Croatia, Bulgaria take big step toward joining the euro

FRANKFURT, Germany (AP) — Croatia and Bulgaria took a big step toward joining the shared euro currency Friday, underlining the currency bloc's attraction despite its 2010-2015 debt crisis and the cont...

With Italy at risk, Europe Central Bank could boost stimulus

FRANKFURT, Germany (AP) — The European Central Bank could soon expand its anti-pandemic stimulus program to more than a trillion euros, giving it more firepower to keep the virus crisis from sliding i...

European economy suffers biggest hit on record amid pandemic

FRANKFURT, Germany (AP) — The European economy shrank by 3.8% in the first quarter as business activity was frozen by shutdowns aimed at preventing the spread of the coronavirus. It...

Fed takes extra steps to sooth virus-rattled bond market

WASHINGTON (AP) — The Federal Reserve and the European Central Bank have taken large steps this week to try to calm financial markets and restore some degree of confidence. So far, it hasn't quite wor...

Tokyo falls back, other Asian markets track Wall St gains

TOKYO (AP) — Shares in most Asian markets tracked overnight gains on Wall Street, but Tokyo's benchmark fell back Tuesday as gnawing concerns over the virus outbreak chilled buying sentiment...

Tokyo falls back, other Asian markets track Wall St gains

TOKYO (AP) — Shares in most Asian markets tracked overnight gains on Wall Street, but Tokyo's benchmark fell back Tuesday as gnawing concerns over the virus outbreak chilled buying sentiment. ...

Asian shares rise on hopes central banks may act on outbreak

TOKYO (AP) — Asian shares rose Tuesday amid hopes that central banks will take action to shield the global economy from the effects of the coronavirus outbreak. Japan's Nikkei 225 gained ...