FRANKFURT (Reuters) -The European Central Bank pledged on Thursday to keep interest rates at record lows for even longer to boost sluggish inflation and warned that the rapidly spreading Delta variant of the coronavirus poses a risk to the euro zone's recovery. | Video
* Implications of new strategy for policy still being
FRANKFURT European Central Bank policymakers are set for a showdown next week as they chart a new policy path amid growing fears of a third wave of coronavirus infections.
FRANKFURT European Central Bank (ECB) policymakers are still some way apart on their new inflation strategy but hope to reach an agreement before debating the future of their pandemic-fighting programme in September, sources told Reuters.
FRANKFURT (Reuters) -The European Central Bank raised its growth and inflation projections on Thursday but pledged a steady flow of stimulus over the summer, fearing that a retreat now would accelerate a concerning rise in borrowing costs and choke off the recovery.
FRANKFURT The price tag of football players taking part in this year's European Championship has nearly doubled since the last edition, but this broadcasting rights-fuelled bubble is showing signs of deflating.
FRANKFURT, June 10 The European Central Bank is
all but certain to maintain a generous flow of stimulus when
policymakers meet on Thursday, fearing that higher borrowing
costs could smother a still nascent recovery.
FRANKFURT The euro zone economy has reached a turning point and the recent rise in borrowing costs reflects improved fundamentals, European Central Bank board member Isabel Schnabel told Reuters, playing down concerns that rising yields risk choking off growth.
FRANKFURT European Central Bank policymakers have gone out of their way this week to reassure investors that stimulus will be maintained at their June meeting, quashing speculation about a reduction in emergency bond purchases and pushing down bond yields.
Frankfurt Die Europäische Zentralbank (EZB) muss aus Sicht von Griechenlands Notenbankchef Yannis Stournaras ihre Geldschleusen weiterhin weit offen halten.