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European Central Bank

Economics / Markets

Eurozone banks at risk of £165bn write-downs

Banks in the eurozone will suffer "considerable" loan losses in 2010 and 2011, potentially leading to €195bn (£165bn) in futher write-downs, the European Central Bank (ECB) warns.

clock 01 June 2010 •

Investment

Greece 'agrees €24bn austerity package' - papers

Greece has agreed the outline of a €24bn austerity package, including a three-year wage freeze for public sector workers, in return for a multibillion-euro loan from the eurozone and the International Monetary Fund, according to people familiar with the...

clock 30 April 2010 •

Your profession

Warning corporate belt-tightening could hamper recovery

Businesses need to rethink their approach to finance or the effects of the recession will be unnecessarily prolonged, HSBC research suggests.

clock 13 November 2009 •

uncategorised

ECB warning on banks rattles global markets - papers

The European Central Bank has given its starkest warning to date on growing strains in the eurozone credit markets, reports The Telegraph .

clock 16 June 2009 •

Your profession

Euro interest rates cut to 3.25%

The European Central Bank (ECB) has cut Eurozone interest rates to 3.25% to stave off the risk of recession.

clock 06 November 2008 •

Your profession

Inflation hits record 3.7% in Eurozone

Eurozone inflation has climbed to a record level as food and fuel costs continue to soar.

clock 16 June 2008 •

Offshore Investment

Euro offshore savings interest rate gap 'widening'

The gap between interest paid on Euro offshore savings accounts and the European Central Bank's (ECB) base rate is widening, according to Investec Bank.

clock 17 September 2007 •

Offshore Investment

Investors encouraged to review Euro offshore rates

People with Euro offshore savings accounts should review their interest rate as there is a growing disparity between European Central Bank (ECB) rates and offshore savings rates, according to Investec.

clock 17 September 2007 •

Mortgages

Last chance for cheap Euro mortgages

Investors considering buying or remortgaging on the Continent should move quickly to avoid a further interest rate rise, according to Savills Private Finance International.

clock 23 August 2007 •
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