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European Central Bank said the banking system liquidity shortage does not exist

August 30th, 2011

Financial News, August 29, European Central Bank President Jean-Claude Trichet said the ECB in August, the European banking system to refinance the banking system does not exist in Europe liquidity shortage. Jean-Claude Trichet in the European Parliament Economic and Monetary Affairs Committee held a hearing, made the remarks Read More...

European Central Bank haven’t set target for the euro exchange rate

October 11th, 2010

European Central Bank (ECB) members of the Commission Nowotny (Ewald Nowotny) Monday (Oct. 11) that the European Central Bank's monetary policy did not set a specific goal of the euro, but want to avoid exchange rate volatility. Nowotny said, "The ECB and the euro did not set a specific exchange rate target, which means that there is no need to intervene against the euro, and we only hope that the euro exchange rate volatility does not appear Read More...

European Central Bank to keep interest rates unchanged

September 3rd, 2010

European Central Bank (ECB) Thursday, as expected, the 16th consecutive month kept its benchmark interest rate at a record low of 1.0% unchanged; while maintaining the overnight lending rate and overnight deposit rates were 1.75% and 0.25% in the same. EUR / USD days after the European market intraday high of 1 Read More...

The European Central Bank bought 16.5 billion euro bond

May 18th, 2010

European Central Bank (ECB) announced yesterday, as part of international assistance programs, it has bought 16.5 billion euros in the eurozone government bonds. Currently investors are becoming increasingly worried about the strength of this intervention is not sufficient to stabilize the debt market Read More...