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Eurozone

Trichet sounds debt warning

Jean-Claude Trichet, the president of the European Central Bank (ECB), has warned that many European governments have reached the ceiling in terms of how much debt they can incur in fighting the recession.

ECB steps up recession fight

The European Central Bank (ECB) on Thursday announced a raft of measures, including outright purchases of corporate debt, to embolden its response to the eurozone recession.

Trichet says shush on possible new tools

Jean-Claude Trichet, the president of the European Central Bank (ECB), has said that the Governing Council's omerta on interest rates a week before meetings must be extended to include possible additional tools that may be announced next Thursday.

ECB council members signal May cut

Two of the members of the European Central Bank's (ECB) Governing Council have signalled that the central bank will cut again next month and may introduce further measures to soothe credit conditions.

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