WASHINGTON�European Central Bank President Mario Draghi on Saturday ratcheted up his warnings about the strong euro, saying a further rise in the exchange rate would trigger additional monetary easing to keep inflation from falling too low.
Greece's return to the bond markets last week was a symbolically important moment for the euro crisis. For the country at the center of the crisis to draw �20 billion ($27.77 billion) of foreign demand for a five-year bond yielding under 5% shows that ...
(Reuters) - The euro zone is set for at least two more years of low inflation, held down by a strong currency and anemic economic and jobs growth, and still faces a very real threat of deflation, a Reuters poll showed on Wednesday.
The 18 countries that share the euro had an increased surplus in their trade in goods with the rest of the world during February, an indication that the euro's strength isn't holding back exports and the economic recovery, as some policy makers had feared.
In the clearest signal yet the ECB was prepared to launch a stimulative asset-purchase program, Draghi said the euro's exchange rate had become increasingly important to policy and would act as a trigger.
With the currency reaching a level high enough to provoke the European Central Bank president to threaten action, data today showed slowing euro-area export growth and figures tomorrow will confirm the damage caused to inflation. For Spain, the effect ...
(AllHipHop Interviews) In the latest edition of �5 & Done� AllHipHop.com spoke with buzzing emcee Euro League. The Bronx native has excited the blogosphere with songs like �Social Network,� �Magazine Vs Magazine,� �Do You Believe Me Pt.