EUROPEAN CENTRAL BANK

European Central Bank bond buying legal, EU top court rules

The European Court of Justice (ECJ), the European Union's top court on December 11 ruled that the European Central Bank (ECB) decision to buy...

Europe’s East struggles to catch up

A European Central Bank board member has warned that former communist nations on the European Union’s eastern periphery are struggling to catch up to...

ECB says European banks still take risks

The European Central Bank has warned that European lenders are breaking promises that they would avoid excessive risk in the wake of the financial...

EU divided over money laundering reform

An overhaul of European Union rules for the supervision of banks against money laundering is a source of division among the member states. As reported...

Fraud scandal shuts down Malta’s Pilatus Bank

Malta's Pilatus Bank has been shut down by the European Central Bank after its chairman was arrested in the US on money-laundering charges. The European...

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