To some people, the European Central Bank seems like a fire department that is letting the house burn down to teach the children not to play with matches. The E.C.B. has a fire hose — its ability to print money. But the bank is refusing to train it on the euro zone’s debt crisis. The flames ...
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The European Central Bank has moved to halt Europe's runaway debt crisis by pledging to buy government bonds from Italy and Spain. The move to prop up Europe's ...
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The European Central Bank is the institution of the European Union (EU) that administers the monetary policy of the 17 EU Eurozone member states. It is thus one of the world's ...
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France and Germany, Europe's two central powers, clashed today over whether the European Central Bank should intervene to halt the eurozone's accelerating debt crisis - as ...
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Commercial banks boosted their reliance on the European Central Bank, borrowing €2.82 billion ($3.9bn) from an emergency lending facility on Tuesday, while other banks ...
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