European Central Bank

Markit's Purchasing Managers' Index hits nine-month high but still below expansion threshold.

European Finance Ministers will send €34.1bn to Athens next week in latest rescue for debt-stricken Greece

Overseer to have wide-ranging powers including on licences and sanctions.

ZEW's key index of investor and analyst expectations posts first positive reading since May.

The surprise resignation gambit from Prime Minister Mario Monti has roiled financial markets in Eurpoe, but Italy's economic prospects are unlikely to be harmed by the drama.

US and UK regulators focus on ramping up capital while Basel leaders tussle over reduction of capital requirements.

Italy's Prime Minister says he'll resign following withdrawal of support from former leader Silvio Berlusconi.

Bundesbank lowers Germany's 2013 growth rate by more than one percentage point to 0.4 percent.

European markets edge up in early trading ahead of latest non-farm payroll figures from US.

Traders remain cautious on outcome of negotiations over US ‘fiscal cliff’.

European stocks gain in early trading but traders remain cautious ahead of European Central Bank's policy meet.

Nearly 20 million Europeans are looking for work as jobless rate hits another record in October amid deepening recession

Misleading balance sheets may not reflect true valuation resulting in insufficient capital buffers, reports Bank of England Financial Policy Committee.

Thinktank says global growth will slow, eurozone will sink into recession and Britain may need to abandon debt target.

The eurozone finance ministers and the IMF agree on a €40bn debt reduction and about €43.7bn fresh loans for Greece, despite conflicting views.

The Canadian central banker and former Goldman dealer has one of the few untarnished reputations in global finance.

Eurozone finance ministers remain elusive about the release of bail out funds to Greece , though they have given two years' extension to meet its deficit reduction targets.

Media reports suggest extra time and cash required for new Greek rescue only hours after painful austerity budget approved by parliament

Germany insists it need Parliamentary approval to release long-delay Greek aid tranche despite Athens' "courage" in passing austerity bill.

Renowned broadcast journalist held for TV claims about Anonymous-leaked exchange between government and troika of rescue lenders.

Greece finance minister announces amended 2013 budget that raises debt and deficit forecasts for 2013.

European Central Bank will take on role of top watchdog on 1 January but several key issues remain unresolved

Single supervisor will intervene early to avert dangerous accumulation of a bank’s debts.

Demonstrator dies of heart attack while four others injured after police clashes.

Banking union wants single supervisor under ECB but Germany prefers political union to tackle the region’s crisis.

Legendary chairman of Goldman Sachs Asset Management says a union of several emerging markets are looking to set up a development bank

Budget cuts and bank capital rules are being reconsidered as world leaders push for Plan B in face of slowing economic growth.

Three of the UK’s largest banks face questions about European Union banking reform from the House of Lords Committee

Merkel praises reforms but warns of tough road ahead as IMF says Greece likely to miss key debt targets in 2011 bailout agreement.

World Bank's East Asia and Pacific Economic Monitor predicts the region's growth to be 7.2%.