Eurozone growth not strong enough to create jobs: ECB

Last Updated: Friday, September 11, 2015, 22:30

Growth is picking up in the 19-country eurozone, but not enough to create jobs in the region, a member of the European Central Bank`s executive board said in an interview published Friday.

HPCL plans to raise $250 mn in forex debt soon

Last Updated: Friday, September 11, 2015, 18:59

After raising USD 300 million recently, Hindustan Petroleum Corporation (HPCL) is set to raise USD 250 million (about Rs 1,663 crores) through external commercial borrowing (ECB) to fuel its capex plan, a senior company official has said.

British, Spanish PM urge `real` reform of eurozone

Last Updated: Friday, September 4, 2015, 16:06

The prime ministers of Britain and Spain called for a "real reform of the eurozone" that makes growth and free trade a priority, in a joint newspaper column published Friday ahead of their talks in Madrid.

ECB flags beefed up QE as growth, inflation outlook fades

Last Updated: Thursday, September 3, 2015, 21:29

The European Central Bank cut its growth and inflation forecasts on Thursday, warning of possible further trouble from China and paving the way for an expansion of its already massive 1 trillion-euro plus asset-buying programme.

ECB could ramp up bond purchase programme if necessary: Draghi

Last Updated: Thursday, September 3, 2015, 21:09

The European Central Bank could ramp up its contested bond purchase programme, extending it beyond September 2016 if needed, ECB president Mario Draghi said on Thursday.

ECB cuts growth, inflation forecasts for 2015-2017

Last Updated: Thursday, September 3, 2015, 21:06

The European Central Bank on Thursday cut its forecasts for both economic growth and inflation in the single currency area over the next few years.

ECB seen cutting inflation outlook, hinting at more policy action

Last Updated: Thursday, September 3, 2015, 17:38

The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying programme if growth and inflation prospects weaken further.

ECB holds rate steady as focus on inflation, China

Last Updated: Thursday, September 3, 2015, 17:35

The European Central Bank held its key interest rates steady on Thursday, a spokesman said, amid investor concern over the economic fallout from the slowdown in China.

Eurozone inflation steady at 0.2% in August

Last Updated: Monday, August 31, 2015, 15:58

Food, alcohol and tobacco, and services showed the highest rate rise with 1.2 percent, followed by industrial goods on 0.6 percent, according to the EU`s Eurostat data agency.

ECB faces inflation headache even as lending bounces

Last Updated: Thursday, August 27, 2015, 19:22

Lending to euro zone firms grew at the fastest pace since early 2012 last month but the European Central Bank may still come under pressure to ramp up its stimulus measures as falling oil prices and a slowdown in China curb inflation.