European Central Bank

  • BusinessAOL

    ECB cuts growth outlook in eurozone

    The European Central Bank warned of another gloomy year for the 17 European Union countries that use the euro, cutting its forecast for economic growth in 2013 from plus 0.5% to minus 0.3%. Even so, the bank left rates unchanged at its meeting

    1-min read
  • NewsAOL

    ECB chief sees gradual euro recovery

    The head of the European Central Bank is staying with his forecast for a gradual economic recovery this year in the 17 countries that use the euro. However, Mario Draghi said that Europe's debt crisis means increased "downside

  • BusinessAOL

    1 in 3 Brits think companies are cashing in on inflation

    One in three Brits are convinced companies are cashing in on high inflation to ramp up their profits. And half think the government should do more to control petrol and diesel prices. The rocketing cost of many essentials, from petrol to bread,