ECB moves to cut lending risk

4 September 2008, 4:01 pm

Markets were taken by surprise when the European Central Bank radically altered the way it provides liquidity... read more

Banks reel as ECB redraws funding rules

4 September 2008, 12:49 pm

Bank stocks in Europe and the UK fell sharply and the risk of owning their debt leapt after the European Central Bank declared a crackdown on abuses of its bank liquidity operations... read more

EU cross-border payments nearer

4 September 2008, 11:39 am

The prospect of bank customers being able to make direct debit payments across European borders came closer on Thursday when EU regulators said that limited fees could be permitted to help launch the service... read more

Warsaw confident over shipyard plans

4 September 2008, 10:58 am

Poland is confident it will be able to present acceptable restructuring plans for three ailing shipyards in time to meet the European Commission's September 12 deadline... read more

Inflation fear forces ECB to hold rate

4 September 2008, 10:05 am

Eurozone inflation will not return within the European Central Bank's target until 2010, Jean-Claude Trichet, its president, said, making clear that a cut in interest rates was far from being on the bank's agenda... read more

EU court rules on suspected terror funds

3 September 2008, 9:10 am

Funds which are suspected of having terrorism links cannot be frozen without the owners having a fair hearing, Europe's highest court has ruled... read more