Home David McHugh, the Associated Press

David McHugh, the Associated Press

Mario Draghi leaves as head of the European Central Bank credited with having rescued the eurozone from disaster with a well-timed phrase and bold action to back up his words. He expanded the bank’s arsenal of crisis-fighting tools with new and unconventional policies, measures that he and others say helped end a financial crisis in […]

  • October 28, 2019 January 5, 2021
  • 08:35

The European Central Bank on Thursday delivered a new blast of monetary stimulus to help the economy in the face of uncertainties like the U.S.-China trade conflict and Brexit. The central bank for the 19 countries that use the euro cut the rate on deposits it takes from banks to minus 0.5 per cent from […]

  • September 12, 2019 January 6, 2021
  • 09:11