Ewald Nowotny
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Greek people have given everything, says president
Oct 28, 2012 14:28 EDT
Greek President Carolos Papoulias said Sunday the nation's people have given all they have to drag the country out of its crippling economic crisis, and voiced hope it would end soon.
Give Greece more time: ECB's Nowotny
Oct 28, 2012 13:48 EDT
European Central Bank governing council member Ewald Nowotny called Sunday for Greece to be given more time to sort out its finances, ahead of a eurozone meeting which will examine if the debt-wracked country should get two extra years to carry out reforms.
High noon at ECB over bond-buying plans
Sep 02, 2012 00:11 EDT
Tempers may well fray at the European Central Bank's policy meeting this week as president Mario Draghi seeks to head off German-led resistance to the bank's anti-crisis armoury.
ECB 'to cut growth outlook': Nowotny
Aug 31, 2012 04:49 EDT
The European Central Bank is likely to lower its growth forecasts for the eurozone, governing council member and Austrian central bank chief Ewald Nowotny was quoted as saying Friday.
Asian markets mostly up on upbeat earnings
Jul 26, 2012 06:50 EDT
Asian markets mostly rose Thursday following upbeat earnings results in the region and the United States, while eurozone fears eased slightly on hopes over the funding of future bailouts.
Spain seeks French support as eurozone crisis deepens
Jul 26, 2012 01:20 EDT
Europe's economic crisis has deepened, with a slump in German confidence, worsening British recession and a debt-wracked Spain seeking French support in the face of soaring borrowing costs.
Eurozone strains intensify as 'massive shock' looms
May 25, 2012 00:45 EDT
Eurozone tensions have intensified after grim news on the economic outlook and as investors sought safety in Germany on growing doubts over Greece's future in the currency union.
Eurozone strains intensify as 'massive shock' looms
May 24, 2012 15:55 EDT
Eurozone tensions rose Thursday after grim news on the economic outlook and as investors sought safety in Germany on growing doubts over Greece's future in the currency union.
Disquiet within ECB laid bare after cash injection
Mar 01, 2012 08:16 EST
FRANKFURT (Reuters) - Some European Central Bank policymakers are alarmed that a dramatic loosening of lending policy stemming from a 1-trillion-euro wave of cash unleashed into the financial system will fuel imbalances in the euro zone and stoke inflationary pressures.
ECB throws open liquidity floodgates
Feb 29, 2012 11:03 EST
The European Central Bank threw open its liquidity floodgates again on Wednesday, pumping up the banks with nearly 530 billion euros in cheap loans to avert a dangerous credit squeeze.
ECB pumps cheap cash into eurozone banks
Feb 29, 2012 07:24 EST
The European Central Bank again played firefighter in the eurozone debt crisis on Wednesday, flooding banks with nearly 530 billion euros in cheap loans to avert a dangerous credit squeeze.
Banks gorge on 530 billion euros of ECB funds
Feb 29, 2012 04:25 EST
FRANKFURT (Reuters) - Banks grabbed 530 billion euros at the European Central Bank's second offering of cheap three-year funds on Wednesday, fuelling expectations that credit will flow to businesses and borrowing costs will ease for governments hit by the euro zone crisis.
ECB offers banks second, maybe last, mega funds fix
Feb 28, 2012 19:08 EST
FRANKFURT (Reuters) - The European Central Bank is expected to pump half a trillion euros into the euro zone's troubled financial system for the second time in as many months on Wednesday in what it hopes will be the last such operation to fight the euro zone crisis.
ECB mulling alternatives to bond-buy plan: Nowotny
Jan 17, 2012 16:04 EST
BERLIN (Reuters) - The European Central Bank is exploring alternatives to its controversial bond-purchase program but has yet to decide on any replacement policy tool, ECB Governing Council member Ewald Nowotny told a German website in comments published on Tuesday.
Euro zone inflation dips, opens door to ECB cut
Jan 17, 2012 05:04 EST
BRUSSELS (Reuters) - Consumer prices in the euro zone fell more than previously expected in December, the start of a retreat from a November peak that should give the European Central Bank more room to cut interest rates as the economy heads for recession.
Greek debt talks to resume Wednesday in Athens
Jan 16, 2012 03:35 EST
ATHENS (Reuters) - International creditors said on Tuesday they are coming back to the negotiating table with Greece to resume talks that broke down last week on a debt swap plan crucial to Athens' chances of avoiding a messy bankruptcy.
ECB aims to restore calm after S&P cuts: Nowotny
Jan 15, 2012 17:16 EST
VIENNA (Reuters) - The European Central Bank will do all it can to calm the situation after Standard & Poor's downgraded several euro zone members' debt ratings in the past week, ECB Governing Council member Ewald Nowotny said on Sunday.
S&P, Greek standoff pressure euro zone to boost defenses
Jan 15, 2012 17:13 EST
LONDON (Reuters) - Mass euro zone ratings downgrades are unlikely to shake up investors too much, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.
S&P, Greece pressure euro zone to boost defenses
Jan 15, 2012 17:13 EST
LONDON (Reuters) - Mass euro zone ratings downgrades are unlikely to shake up investors too much, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.
Merkel vows faster eurozone reform after downgrades
Jan 14, 2012 10:29 EST
BERLIN (Reuters) - European leaders vowed on Saturday to speed up plans to strengthen spending rules and get a permanent bailout fund up and running as soon as possible, a day after U.S. agency S&P cut its rating of several euro zone countries' creditworthiness.
