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Archive for the ‘European Central Bank’ Category

May 12, 2012           2:20 AM CT The European Union must implement measures both to consolidate public finance and boost economic growth, the bloc’s Economic and Monetary commissioner Olli Rehn said at a conference today in the Estonian capital, Tallinn. “The debate on consolidation versus growth is a false debate,” Rehn [...]

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May 3, 2012         2:45 PM ET European Central Bank officials voted Thursday to hold interest rates steady, even as the euro area economy slides towards recession. But ECB president Mario Draghi appeared to hint that there could be rate cuts in the future. In a widely expected move, the ECB left [...]

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Mon Aug 15, 2011 12:38pm EDT The European Central Bank spent a record 22 billion euros on government debt last week, reactivating its controversial bond-buying plan to try to halt the spread of the euro zone debt crisis to Spain and Italy. The amount bought, reported by the ECB on Monday, was the most the [...]

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