European Central Bank

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  Countdown to SEPA

  By Susan Kelly  |  May 13, 2013

  Lagging SEPA implementation leaves companies at risk of payment disruptions.

• Euro-Area Economy Headed for 2-Year Slump

  By Rebecca Christie, Bloomberg  |  May 3, 2013

  EC lowers forecast; now predicts 0.4% decline in GDP in 2013.

• U.S. Jobless Claims Drop to Five-Year Low

  By Alex Kowalski and Shobhana Chandra, Bloomberg  |  May 2, 2013

  While decline in claims suggests fewer firing, it doesn’t ensure more hiring.

• ECB Eyes Negative Deposit Rate

  By Matthew Brockett and Jana Randow, Bloomberg  |  May 2, 2013

  After the central bank cuts benchrate rate to record low, Draghi suggests that it could shift to charging banks for overnight deposits.

• Greek Legislators Approve Job Cuts

  By Natalie Weeks and Marcus Bensasson, Bloomberg  |  April 29, 2013

  Plan to fire 15,000 workers is part of Greece’s effort to secure more international aid.

• Europe Poised to Soften on Austerity

  By Patrick Donahue, Bloomberg  |  April 29, 2013

  New Italian government may unwind some budget measures.

• Slovenia Faces ‘Severe’ Banking Crisis, OECD Says

  By Boris Cerni  |  April 9, 2013

  Nation should recapitalize viable banks, group recommends.

• Bank of Japan Steps Up Stimulus

  By Toru Fujioka and Masahiro Hidaka, Bloomberg  |  April 4, 2013

  Central bank doubles its bond purchases in first Kuroda easing salvo.

• European Money Funds Breaking Buck Taboo

  By Katie Linsell, Bloomberg  |  April 3, 2013

  Funds pressured by very low yields on European government bonds.

• Cyprus Banks Reopen After Two Weeks

  By Tom Stoukas, Maria Petrakis and Marcus Bensasson, Bloomberg  |  March 28, 2013

  Capital controls curb panic.