European Central Bank

New York Post

• B’BERG PROBE PUSH

  Sen. Carl Levin’s Permanent Subcommittee on Investigations, which has examined the financial meltdown and JPMorgan’s “London Whale” debacle, is being urged to launch a probe into Bloomberg’s snooping scandal, The Post has learned. At least one federal of...

• THE IRON LADY & THE LIVELY ARTS

  Margaret Thatcher was, like her good friend Ronald Reagan, a politician with theatrical flair. She gave one of the best performances I’ve ever seen — in the House of Commons right before she resigned as prime minister. You can find it on YouTube, and any...

• CURRENCY WARS ARE GOING NUCLEAR

  Asia’s nuclear nightmare last week did not come from North Korea’s Kim Jong-un, but from new Bank of Japan Gov. Haruhiko Kuroda’s shock-and-awe bond-market implosion. Central bankers across the globe have picked up Ben Bernanke’s troubled policy of print...

• CYPRUS WIPEOUT

  Cyprus early today agreed to the outline of an international bailout, paving the way for $13 billion in crisis loans and eliminating the threat of default — at the expense of big bank depositors. The accord between Cyprus and the “troika” representing in...

• THINK IT CAN’T HAPPEN HERE? IT ALREADY HAS

  Much was made of the tiny European Union member Cyprus last week as regulators attempt to get their pound of flesh from the savings accounts of its banks, with a 10 percent tax on larger accounts. And yet, the European Central Bank taxing citizens to pay...

World View

• Bypass IMF, say top Euro experts

  International Monetary Fund Managing Director Christine Lagarde speaks with EU Commissioner for Economic and Monetary Affairs Olli Rehn. Source: AFP ENGINEERING Cyprus's financial bailout was so chaotic that top European officials say it is time to rethi...

• ECB Coeure: Need More Clarity on EU Bank Assets

  ORLEANS, France – European Central Bank executive board member Benoit Coeure Friday called for clarity on the state of Europe's banking sector, warning that when euro-zone interest rates start rising, banks will need to be healthy. "Now is the time to ha...

• Merkel: Europe must agree how to achieve growth

  German Chancellor Angela Merkel attends a discussion panel on "making Europe strong" during the Europe forum conference, organized by German public-broadcaster WDR, in Berlin, Germany, Thursday, May 16, 2013. (AP Photo/Gero Breloer)The Associated Press B...

• EUROPE MARKETS: Europe Stocks Bruised By U.S. Data

  LONDON – Disappointing U.S. jobs, manufacturing and housing data hit European stock markets on Thursday, as investors worried the world's largest economy isn't recovering at the expected pace. The Stoxx Europe 600 index closed slightly lower at 307.97 af...

• European stocks advance despite recession

  EUROPEAN equities have gained as investors took news that the eurozone recession extended to a sixth quarter in stride, dealers say. London's benchmark FTSE 100 index of leading shares rose 0.11 per cent to close at 6,693.55 points. In Paris, the CAC 40 ...

More Reports

• Euro May Fail to Benefit from EU Meeting- Pound to Rally

  Euro: IMF Warns of More Support for Cyprus Ahead of EU Meeting British Pound: BoE Governor King Sees Greater Scope to Normalize Policy U.S. Dollar: Index Remains Overbought, Fed’s Evans on Tap The Euro climbed to an overnight high of 1.2877 as European p...

• UK should get on front foot with City

  It is perhaps too much to expect Britain’s Conservative-led government to head any initiatives on Europe, such is the orgy of self-destruction in the party over whether the UK should stay in the European Union. But, insofar as David Cameron manages to ge...

• EURO GOVT-Stronger U.S. growth prospects weigh on German Bunds

  LONDON, May 20 (Reuters) - German Bunds fell on Monday after forecast-beating U.S. consumer sentiment data last week dented appetite for low-risk assets. Friday's data eased worries that the U.S. economy could slow down markedly due to government spendin...

• Portugal’s Banks Warn About ‘Cyprus Virus’

  Portugal's top bankers have called on Europe's leaders to stop "playing with fire" and moderate their stance towards the euro zone periphery, or risk instilling alarm among bank depositors in future. In separate interviews, the heads of the country's two...

• The City as Savior of E.U. Finance

  It is perhaps too much to expect the Conservative-led government in Britain to lead any initiatives on Europe, given the orgy of self-destruction in the party over whether Britain should stay in the European Union . But insofar as David Cameron manages t...

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