Outgoing European Central Bank chief Mario Draghi took his last policy meeting on Thursday. Critics says his eight-year tenure closes in exactly the same place he started: trying to prop up a perpetually ailing currency bloc. David Pollard reports.
The European Parliament backed Christine Lagarde on Tuesday as the next president of the European Central Bank, paving the way for her to become the first woman to hold the post. David Pollard reports.
European shares ground out gains for the fourth day running on Friday as signs of progress in U.S.-China trade talks propped up shares after a mixed response to stimulus from the European Central Bank a day earlier. David Pollard reports.
7 years ago, in the very midst of the Eurozone sovereign debt crisis, Mario Draghi promised to do "whatever it takes" to preserve the euro.
He now adds one more vow - to do it for as long as necessary.
Credit: euronews (in English) Duration: 02:30Published
The European Central Bank promised an indefinite supply of fresh asset purchases and cut interest rates deeper into negative territory on Thursday, an effort to prop up the ailing euro zone economy. David Pollard reports.