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International

Francesco Canepa

ECB pledges low rates for longer as virus casts shadow over growth

12:27pm EDT

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

ECB set to promise even longer support to charge inflation

Jul 21 2021

* Implications of new strategy for policy still being discussed

ECB policymakers set for showdown on policy path

Jul 16 2021

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.

Exclusive: ECB policymakers at odds on inflation strategy, hope for September deal - sources

Jun 22 2021

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.

ECB projects brighter outlook but keeps "steady hand" on stimulus

Jun 10 2021

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.

Soccer-Sky-high player values may start to deflate after excitement of Euros

Jun 10 2021

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.

ECB to keep money taps wide open even as recovery takes hold

Jun 09 2021

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.

Europe has passed turning point but still needs ECB support: Schnabel

May 28 2021

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.

Meet the spread that set off the ECB's alarm bell

May 28 2021

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.

Griechenlands Notenbankchef will Geldschleusen weiter offen halten

May 25 2021

Frankfurt Die Europäische Zentralbank (EZB) muss aus Sicht von Griechenlands Notenbankchef Yannis Stournaras ihre Geldschleusen weiterhin weit offen halten.

World News

'Pingdemic' puts Britain's food supply under strain

LONDON (Reuters) -British supermarkets said on Thursday that some products were in short supply and petrol stations had been forced to close after the official health app told hundreds of thousands of workers to isolate following contact with someone with COVID-19.