European Central Bank

Russian Stocks Close Deep in the Red

19:30 17/05/2012 MOSCOW, May 17 (RIA Novosti)

Russian stocks closed deep in the red on Thursday, hitting fresh lows as political uncertainty in Greece and Europe’s lingering debt crisis prompted investors to dump riskier assets.

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ECB Keeps Key Rate Unchanged at Record Low 1%
16:35 03/05/2012
The European Central Bank has decided to keep its key refinancing rate unchanged at a record low 1 percent, the regulator said on Thursday.
ECB Injects Record 530 Bln Euro Into Banks
18:09 29/02/2012
The European Central Bank injected a record 529.5 billion euros ($712.2 billion) into commercial banks on Wednesday in an operation expected to keep them afloat and stimulate economic activity in the eurozone.
Greece Hopes for Aid Despite Pension Cut Deadlock
11:31 09/02/2012
Greece hopes the EU will grant a second bailout worth 130 billion euros despite the government's failure to secure agreement on pension cuts at a marathon meeting that ended early on Thursday morning.
Greece Rejects Proposal to Cede Budget Control
20:48 29/01/2012
Greece has rejected suggestions it should cede control over its own budget to an EU outsider, the BBC reported on Sunday.
Russian Press at a Glance, Tuesday, January 24, 2012
08:20 24/01/2012
A brief look at what is in the Russian papers today
Italy’s deficit falls to three-year low
15:21 11/01/2012
Italy’s budget deficit fell to a three-year low of 2.7 percent of GDP in the third quarter of 2011, the national statistics agency Istat reported on Wednesday.
Euro banks park record sums with ECB as debt crisis lingers
16:31 10/01/2012
Commercial banks’ overnight deposits with the European Central Bank have hit a new record high against a background of Europe’s lingering sovereign debt woes and a confidence crisis on the interbank market, ECB data showed on Tuesday.
European Central Bank cuts key rate by quarter point
17:38 08/12/2011
The European Central Bank has decided to cut its key interest rate from December 14 by a quarter percentage point to 1 percent in a bid to stimulate bank lending and spur economic growth, the regulator said in a statement on Thursday.
Russian stocks open higher ahead of EU summit
11:58 08/12/2011
Russian stocks opened higher on Thursday, paring some of their losses for the previous three days as investors expected a rate cut from the European Central Bank and concrete solutions at this week’s EU summit to defuse the eurozone debt crisis.
Political risks drive ruble down, Russian stocks mixed
12:45 07/12/2011
The ruble continued its slide on Wednesday against the world's major currencies amid foreign investors' increased fears of political instability in the country after Sunday's parliamentary election while Russian stocks showed mixed dynamics following Tuesday's slump.
The euro may yet live to see Christmas
00:54 30/11/2011
The euro’s decline may be closer than the eurozone’s authorities think. Jacques Attali, former chairman of the European Bank for Reconstruction and Development (EBRD), said the euro might not survive beyond Christmas.2
Sam's Exchange: Who owns сurrency?
17:43 22/11/2011
I have a friend that calls me from time to time to discuss the financial crisis. I should say from the outset that my friend operates on the far end of the curve. That is to say, his views and thoughts are generally ahead of the main stream by at least a couple of years but his predictions freakishly all come to pass.1
Main news of November 11
23:59 11/11/2011
A roundup of what has happened in the past 24 hours
Russian ruble strengthens on back of European political events
11:35 11/11/2011
The Russian ruble opened 11 kopecks higher against the U.S. dollar to 30.44 and lost just 2 kopecks to the euro to 41.49 in early MICEX trade on Friday amid changes of leadership in Europe.
Spanish bankers ask ECB to buy debt of euro zone problem countries
19:06 10/11/2011
President of the Spanish Banking Association Miguel Martin called on Thursday on the European Central Bank to continue buying the state debt of the euro zone problem countries, including Spain.
New Greek government to be sworn in
17:21 10/11/2011
A new Greek interim government will be sworn in on November 11, a state-run TV channel said on Thursday.
Italy: Eurozone's new gravedigger?
22:25 09/11/2011
Europe’s economic hot zone may shift to Italy. Pessimistic expectations have already provoked a slump in oil prices. The eurozone can survive a Greek default, but the collapse of an Italian-scale economy will signify the zone's demise and possibly the beginning of a new global crisis.1
Greek referendum threat to Eurozone financial stability - Fitch
17:30 01/11/2011
The referendum Greek Prime Minister George Papandreou plans to hold on the new debt relief program proposed by the EU and International Monetary Fund threatens the financial stability of Greece and the eurozone, Fitch rating agency said in a statement on Tuesday.
New ECB head likely to favor rate cuts - analysts
18:23 31/10/2011
New European Central Bank President Mario Draghi, who takes over from Jean-Claude Trichet on Monday, is expected to boost the bank's efforts to battle the eurozone's debt problem by cutting key refinancing rates in the next few months, analysts say.1

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USD	26/05	31.7572	+0.1325
EUR	26/05	39.8426	+0.0745

RTS	25/05	1272.38	-0.02%
MICEX	09/09	1518.22	-2.46%

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Images: Swedish Euphoria and Udmurtian Fervor: 2012 Eurovision Song Contest Winners

Video: Restorers Clean “Bronze Horseman” in St. Petersburg

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