European Central Bank President Christine Lagarde said Europe risks a major economic shock echoing the global financial crisis unless leaders act urgently on the coronavirus … Read more
Bank lending to euro zone companies plunged last month, suggesting that the bloc’s economic slowdown is finally slowing lending after a period of surprising resilience, … Read more
European Central Bank President Mario Draghi said Thursday he had no regrets after completing his eight-year term at the head of the institution.
“How do … Read more
European Central Bank Vice President Luis de Guindos warned that Italy needs to obey European Union budget rules or face higher borrowing costs that could … Read more