European Central Bank

Central bank for the euro

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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 28 central banks of each EU member state. The current President of the ECB is Mario Draghi. Headquartered in Frankfurt, Germany, the bank formerly occupied the Eurotower prior to the construction of its new seat.

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Global stocks lifted by hopes for monetary policy, U.S.-China trade

Global stocks rallied on Tuesday and benchmark government bond yields tumbled after European Central Bank President Mario Draghi hinted at economic stimulus, with equities getting an extra boost from..
Reuters - Published 1 hour ago

Global stocks rally on hopes from trade, monetary policy

Global stocks rallied on Tuesday and benchmark government bond yields tumbled after European Central Bank President Mario Draghi hinted at economic stimulus, while equities got an extra boost when U.S...
Reuters - Published 7 hours ago

▶ Videos for European Central Bank

Bundesbank slashes German growth forecasts on industry's plight

The Bundesbank slashed its growth projections for Germany on Friday. As David Pollard reports, the revision came just as new data for April confirmed industrial output and exports fell heavily.

Credit: Reuters Studio Duration: 01:42Published 2 weeks ago

ECB pushes back rate hike again as outlook darkens

The European Central Bank pushed back the timing of its first post-crisis interest rate hike again on Thursday and said it would continue paying banks for lending in its latest effort to revive a..

Credit: Reuters Studio Duration: 01:41Published 2 weeks ago

Australia cuts interest rates in sign of global monetary easing cycle

Australia cut interest rates to a record low on Tuesday. As Pascale Davies reports, recession risks from the trade war between Beijing and Washington are pushing major central banks into what could be..

Credit: Reuters Studio Duration: 01:36Published 2 weeks ago

How are the EU's top jobs filled and when? | Euronews explains

The inevitable horse-trading has begun as candidates vie for top EU jobs including president of the Commission, EU Council and European Central Bank.

Credit: euronews (in English) Duration: 02:52Published 3 weeks ago

Young Activists Demand Politicians And Business Leaders To Pay Attention To Climate Change

Children in cities all around the world will walk out of class to bring attention to global warming. They will demand for politicians and business leaders to act on curbing greenhouse gas emissions...

Credit: Wochit News Duration: 00:32Published on May 23, 2019

Are Trump's Tariffs Backfiring?

The European Central Bank says U.S. President Donald Trump's trade policies have so far had a mild impact on Europe, even as they've cast a cloud of uncertainty over global growth. The Trump..

Credit: Wochit News Duration: 00:45Published on April 25, 2019