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Central bank for the euro

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European Central Bank: Central bank for the euro
The European Central Bank (ECB) is the central bank for the euro and administers monetary policy within the Eurozone, which comprises 19 member states of the European Union and is one of the largest monetary areas in the world. Established by the Treaty of Amsterdam, the ECB is one of the world's most important central banks and serves as one of seven institutions of the European Union, being enshrined in the Treaty on European Union (TEU). The bank's capital stock is owned by all 27 central banks of each EU member state. The current President of the ECB is Christine Lagarde. Headquartered in Frankfurt, Germany, the bank formerly occupied the Eurotower prior to the construction of its new seat.

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Andrew Strauss praises Ben Stokes’ 'cricket intelligence' ahead of West Indies Test [Video]

Andrew Strauss praises Ben Stokes’ 'cricket intelligence' ahead of West Indies Test

Former England captain and Director of Cricket for the ECB Sir Andrew Strauss, has backed Ben Stokes as interim England captain ahead of the return of international Test cricket in England.

Credit: PA - Press Association STUDIO     Duration: 01:46Published
ECB prepares 'bad bank' for wave of toxic debt - sources [Video]

ECB prepares 'bad bank' for wave of toxic debt - sources

Reuters sources say the ECB is preparing a 'bad bank' to cope with the expected wave of unpaid debts sparked by the economic crisis. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:22Published
Global stocks and euro gain ahead of U.S. jobs report [Video]

Global stocks and euro gain ahead of U.S. jobs report

World stocks held their ground near three-month highs as the euro hit its highest level since March 10, thanks to Europe's stimulus boost, fueling hopes for a global rebound. Ciara Lee reports

Credit: Reuters Studio     Duration: 01:35Published
ECB nearly doubles stimulus programme to fight coronavirus economic crisis [Video]

ECB nearly doubles stimulus programme to fight coronavirus economic crisis

ECB nearly doubles stimulus programme to fight coronavirus economic crisis

Credit: Euronews English     Duration: 01:39Published
ECB gives euro zone fresh shot of stimulus [Video]

ECB gives euro zone fresh shot of stimulus

The ECB moved to increase stimulus for the region's crisis-battered economies on Thursday, ramping up its planned bond purchases to 1.35 trillion euros. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:47Published
Euro zone slump eased in May but still sharp [Video]

Euro zone slump eased in May but still sharp

The devastating impact of the coronavirus on the euro zone economy abated a little this month as some government-imposed lockdown measures were eased. Ciara Lee reports

Credit: Reuters Studio     Duration: 01:28Published

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Asian stocks set for best weekly gain in nine years, ECB stimulus boosts euro; U.S. jobs eyed

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ECB gives another shot of stimulus as economy reels

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ECB policymakers debated 500-750 billion euros package before compromise, sources say

European Central Bank policymakers debated expanding their pandemic-fighting programme by between 500 billion euros ($566 billion) and 750 billion euros on Thursday before settling for a compromise..
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ECB sends euro higher, stocks struggle with fatigue

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Equity rally pauses; European bonds rise on ECB stimulus

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ECB has not discussed 'junk' bond buying, but watching situation

The European Central Bank will continue to review the eligibility status of the bonds it buys, its president said, amid speculation it might add non-investment grade debt to its asset purchase..
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ECB sees big 2020 recession, partial rebound next year

The European Central Bank expects the euro zone to suffer a deep recession this year, with losses only partly made up in 2021 as pandemic-related restrictions weigh on output for an extended period.
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ECB expands pandemic support to over $1.5 trillion

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Statement from the ECB following policy meeting

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ECB's super stimulus salvo sends stocks, euro higher

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Rally pauses ahead of ECB stimulus plan

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Urgent: Last Chance To Save Green Recovery

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Take Five: ZIRP to NIRP, a jump policymakers must consider

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ECB launches cricket app for children during lockdown

The England and Wales Cricket Board launches a free app with skills, quizzes and games for children during lockdown.
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England women's future needs safeguarding, says national director Claire Connor

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German top court criticises European Central Bank crisis bond-buying

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German court to rule on existential challenge to ECB's bond purchases

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Stocks trim record monthly gains as ECB PEPP talk falls flat

World stocks suffered a slip on their way to record monthly gains on Thursday, as the European Central Bank held back from providing another instant hit of stimulus and millions more Americans filed..
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ECB urges measures worth 1.5 trillion euros this year to tackle virus crisis: sources

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Fire strikes house of former ECB chief Draghi in Italy's Umbria region: local media

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Mark Wood: England bowler says it was 'right thing' for players to make donation

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ECB launches emergency $820bn coronavirus package

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