European Central Bank

This tag is associated with 17 posts

2012 will be ‘year of recession:’ Italy’s bank chief | CTV News

Italy’s central bank chief on Saturday predicted that the eurozone’s third-largest economy will see a return to growth next year, but he confirmed forecasts that 2012 will be a “year of recession.” Bank of Italy Governor Ignazio Visco also described Italian banks as being sound in terms of having adequate capital, but cautioned that the … Continue reading

For the first time the European Central Bank is recognizing the need to address a core drawback in the euro architecture, itself. – Brookings Institution

An increasing number of observers have hastened to declare that the European debt crisis has been practically resolved or at least stemmed for a few years. This view was reinforced by the falling yields at the last Italian government bond auctions of 2011, which suggested a significant reduction in the perceived sovereign default risk. Since … Continue reading

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