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European Central Bank (ECB)

ECB fails to find builder for new headquarters

The European Central Bank (ECB) said on Wednesday that it had closed its tender for the construction of its new headquarters as contractors' estimates were well above what the central bank had budgeted for.

One rate hike enough: ECB's Bini Smaghi

The European Central Bank (ECB) looks increasingly likely to raise rates just once in the coming months, after Lorenzo Bini Smaghi, a member of the institution's executive board, said a single 25 basis-point rate hike will suffice to bring inflation back…

Trichet still sees "accumulation of shocks"

Jean-Claude Trichet, the president of the European Central Bank (ECB) said in an interview with L'Express, a French magazine, current market conditions amount to "an accumulation of shocks that is clearly not over."

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