European Central Bank

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%.

Hang Seng gained 0.8 percent in the week, while Nikkei and KOSPI eased marginally by 0.1 percent.

ECB hold its key lending and deposit rates unchanged as it awaits a decision from Spain on a formal European Union bailout.

Spain's €13bn in new austerity measures keeps EU partners happy, but several market tests await.

Shanghai Composite Index rises 1.45 percent while Hong Kong's Hang Seng gains 0.38 percent.

Fifty thousand Greeks take to streets in Athens as general strike against biting austerity measures hailed a success.

Apart from the eurozone woes, marketmen feel much more needs to be done by central banks to spur growth.

Third major austerity protest in a week highlights political challenge to Europe's economic reforms.

Eurozone worries continue to impact investor sentiments in Asia.

Prime Minister Mariano Rajoy faces his toughest week in government as protests highlight unease over steepest austerity measures in modern Spanish history.

Nikkei and Hang Seng end higher while Shanghai Composite Index and KOSPI fall.

Plans to increase Europe's permanent bailout fund with some of the same techniques that created the original crisis appear doomed from the beginning.

Mario Draghi's bond buying programme has bought time but business leaders in Europe's biggest economy seem to question whether it will be used effectively.

Monetary policy uncertainty and lack of cues from central banks impact markets.

The final review of Greece's staggering finances will be published in November as Obama Administration asks for "no surprises" from EU officials before presidential vote.

Bank of Japan governor says turnaround will take longer than anticipated but decision on monetary easing 'not related to China protests'.

Investor focus switches to US fiscal cliff as more better value in European stocks for the fist time in more than a 18 months.

Spain's borrowing costs fall but tepid demand signals concern over banking sector and impending bailout.

Talk for fourth European bailout intensifies as Euro Area finance ministers prepare for two-day meeting in Nicosia.

Greece's Finance Ministry denies need for new bailout after Thanos Catsambas tells Wall Street Journal that Troika demands are "totally unrealistic".

EU unveils plans to regulate financial sector in headline-filled session for European investors.