ECB: Monetary policy decisions

ECB Governing Council and Press Conference in Riga, Latvia. ECB photo, some rights reserved. This article is brought to you from ECB’s Media Services On 14 June 2018 meeting, which was held in Riga, the Governing Council of the ECB undertook a careful review of the progress towards a sustained adjustment in the path of […]

Draghi to hold on zero interest rates until he leaves ECB

The announcement of the end of the monthly money injections into Eurozone by Mario Draghi, the President of the European Central Bank was not received in the capital markets as a hawkish toughening of monetary policy, as it theoretically should have been. The reasons are many. On the contrary, the euro lost more ground with […]

Alexis Tsipras against internal and external “enemies” in pursue of a two-phase deal now

The Greek government and particularly the Prime Minister Alexis Tsipras is currently looking at a deal with the creditors but is facing both interior and exterior “enemies”.  Mr Tsipras had extensive talks yesterday in Athens with the government’s officials in order to inform them about the negotiations’ progress. The Finance Minister of Greece – “pop star”, […]

What changes in the EU as from today

As from today, first working day of the New Year 2014 in the European Union, the Latvians start using the euro in their daily transactions, the Romanians and the Bulgarians can reside and work in every other EU member state without a special permit and the Greeks assume the Presidency of the EU, representing all […]