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ECB names Belgium's Peter Praet as new chief economist
03/01/2012 - EUROZONE

ECB names Belgium's Peter Praet as new chief economist

The European Central Bank on Tuesday named executive board member Peter Braet of Belgium as its new chief economist. He takes the reins at a challenging time, as part of his duties include determining legal issues surrounding bailouts.
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Karachigate: 'Sarkozy knew'
02/01/2012 - IN THE FRENCH PAPERS

Karachigate: 'Sarkozy knew'

Libération, L'Humanité and Les Echos target President Nicolas Sarkozy, pointing to corruption scandals, failed economic policies and political gambles. Le Parisien-Aujourd'hui-en-France, in contrast, encourages its readers to "Say Non to the crisis". That's the focus for this look at the French papers, Monday 2nd January 2012.
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Banks rush to benefit from cheap ECB loans
22/12/2011 - EUROZONE

Banks rush to benefit from cheap ECB loans

Demand for special three-year loans from the European Central Bank reached nearly 490 billion euros on Wednesday, far exceeding expectations, as Europe's lenders sought to bolster their reserves amid fears of a credit crunch.
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Deal or no deal? (part 2)
08/12/2011 - THE DEBATE

Deal or no deal? (part 2)

At the outset of a summit to save the euro, all bets are on: will it be a deal among 17 or 27? François Picard's panel examines the limits of leadership by summitry...and the hard sell of a Franco-German-motored solution.
Deal or no deal?
08/12/2011 - THE DEBATE

Deal or no deal?

At the outset of a summit to save the euro, all bets are on: will it be a deal among 17 or 27? François Picard's panel examines the limits of leadership by summitry...and the hard sell of a Franco-German-motored solution.
Will the ECB save the euro?
03/12/2011 - EUROZONE

Will the ECB save the euro?

There are growing calls for the European Central Bank to use its financial resources to douse the continent's debt crisis. Mario Draghi and his predecessor Jean-Claude Trichet have so far been reticent. But speaking in the European Parliament, Draghi was seen to open the door to bolder action.
Central banks spark Asian market rally
01/12/2011 - MARKETS

Central banks spark Asian market rally

Asian shares rallied to two-week highs Thursday following a move by the world's major central banks to battle the global liquidity problem. However, some analysts warned that this simply bought more time for Europe and its worsening debt crisis.
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Central banks join forces to ease euro debt crisis
30/11/2011 - FINANCE

Central banks join forces to ease euro debt crisis

The world's major central banks, including the US Federal Reserve and the European Central Bank, decided Wednesday to work together to lower borrowing costs for foreign banks, in a bid to temper the eurozone's deepening debt crisis.
Where have all the Trotskyists gone?
25/11/2011 - IN THE FRENCH PAPERS

Where have all the Trotskyists gone?

Angela Merkel's refusal to allow the ECB to act as lender of last resort makes French front pages today - as do the kidnapping of two French citizens in Mali, a debate over whether foreigners should be allowed to vote in local elections, and the mysterious disappearance of the French far left.
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Germany, France propose reforms to EU treaties
24/11/2011 - EUROZONE

Germany, France propose reforms to EU treaties

Germany and France proposed changes to EU treaties to improve governance of the eurozone at a meeting with Italian Prime Minister Mario Monti Thursday. But Angela Merkel stood by her refusal to widen the European Central Bank's role.
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