European Central Bank

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European Central Bank Launches Negative Interest Policy Experiment

The European Central Bank (ECB) has now done something most of have never seen before. It has adopted its own quantitative easing method by adopting at least a partial negative ...
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What If No Quantitative Easing Comes From the European Central Bank?

If you have watched the stock market, bond market and the economy in general for the past five years or so, it will be no surprise that the world's economies ...
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National Bank of Greece Capital Raise Maybe Not Enough — S&P

Standard & Poor's has affirmed its CCC rating on National Bank of Greece S.A. (NYSE: NBG). The call sounds like it is one of stability on the surface, but S&P's ...
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China Shares Battered, as European Shares Hit Highs

Shares in China had a rough start to the week as the Shanghai Composite Index fell below 2,000 Monday for the first time in almost six months. New data showed ...
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European Central Bank and Bank of England Deliver Duds

There has been talk in Europe that Mario Draghi might have make more noise about vigilant policy to prevent weakness from arising, but very few in the investor community were ...
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Spain

Is Banco Santander Becoming Safe to Invest In Again?

Banco Santander S.A. (NYSE: SAN) may be a banking giant based in Spain, and that automatically makes it one the banks of the PIIGS nations. Something hard to utter in ...
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NBG Must Like a Greek Budget Surplus

Shares of National Bank of Greece S.A. (NYSE: NBG) are chugging higher on Thursday. There has not been any direct news out of the company to account for the gain, ...
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European Central Bank Considers Negative Deposit Rates

The European Central Bank (ECB) is considering even more easing than the official rate cut we saw recently. Now there is talk that easing could be taken as far as ...
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France

France Downgraded by S&P, Better Late Than Never

Standard & Poor's Ratings Services has downgraded its sovereign credit ratings of France. The move was pushed out in the middle of the night in America, which is the morning ...
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ECB Delivers on Interest Rate Cut — Global QE to Infinity!

Long live the trends of central bank easing! The European Central Bank (ECB) just delivered on what was being hoped for, and that is a formal interest rate cut. The ...
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Recovery and No Inflation Driving European Rate Cut Hopes

The U.S. Federal Reserve may have slashed the Fed funds rate as low as humanly possible. After all, how can you beat zero percent (actually targeted 0.00% to 0.25%)? The ...
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Two Key Greek Sentiment Proxies Show Different Outcomes for Greece

Which way the future of Greece goes is still up in the air. If you read enough of the financial and political news coming out of and about the European ...
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S&P Maintains National Bank of Greece Ratings, with Negative Outlook

Standard & Poor's has decided that the corporate credit ratings for the National Bank of Greece S.A. (NYSE: NBG) are affirmed at "CCC/C." What remains a caution is that the ...
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IMF, ECB, EU Still Concerned About Greece

Greece may have made some economic progress, but it has not made enough for its major financial supporters to claim it is worthy of more bailout money. That is the ...
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ECB Holds Interest Rates Low As Recession Lingers

The European Central Bank announced that it would keep its keep rates low, in the face of one of the worst recessions in the region's history. GDP is falling in ...
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