European Central Bank

British banks are required to raise more capital at the earliest as the strength of the worldwide financial markets remains weak.

The president of the European Central Bank insists the worst of the eurozone crisis is over, but do investors agree?

Bank of America Merrill Lynch Global Research survey of investors shows increasing confidence in Europe and growing fears over emerging markets.

Britain’s FTSE 100 index ended lower 56.40 points or 1 per cent at 5,871.51 on Wednesday, though investors digested the latest second round of a European Central Bank long term liquidity operation.

Lloyd's Banking Group (LBG) and the Royal Bank of Scotland (RBS), UK's leading part-nationalised banks, are reportedly planning to approach the European Central Bank (ECB) for a special three-year funding scheme.

Brussels meeting with European Bank president Mario Draghi and Olli Rehn, EU finance commissioner, scrapped.

Is German Chancellor Angela Merkel prepared to relinquish her country's competitive advantage to help struggling partners?

Ireland had a rather gruelling year in 2011 with the Minister for Finance, Fine Gael's Michael Noonan, capping it in early December 2011 with the country's fourth austerity Budget in a row. Aiding Mr Noonan in this somewhat unpleasant if necessary task, was his Labour, Coalition partner, Brendan Howlin.

You'll have to shout, Mrs Merkel, because either the Markets didn't hear you or they have totally ignored your message.

Mario Draghi warns MEPs that debt contagion could spread worldwide as banks face major funding constraint in new year with €750bn in eurobonds called in.

The eurozone rescue deal briefly outlined Friday by the German chancellor and French president hasn't gone down well with Standard & Poor's, but the "Big Bazooka" Summit? Not if Bundeskanzlerin Merkel has her way.

The French President, Nicolas Sarkozy, has acceded to German demands and is now advocating a new treaty to integrate the eurozone member states.

German Chancellor Angela Merkel and French President Nicholas Sarkozy are meeting in Paris Monday in an eleventh-hour bid to save the euro from total collapse.

The German Chancellor, Angela Merkel, has hinted that Europe might become a “United States of Europe” after advocating a “fiscal union” policy within the eurozone.

With just under a week before the European Commission, the eurozone is on a knife edge. The International Business Times UK outlines the possible scenarios for the euro in 2012.

The Organisation for Economic Corporation and Development (OECD) has warned that the Eurozone must integrate its fiscal policy or face the possibility of a breakup, with Britain heading for a double-dip recession.

Stand-first: Mario Monti has a tough task at hand – to shore up the finances of Italy which are a total shambles.

A tense meeting between German Chancellor Angela Merkel and British Prime Minister David Cameron will take place in Berlin as the pair thrash out their differences on a number of crucial issues.

In an interview with International Business Times, Tory Peer and former shadow treasury secretary Lord Flight described the current EU model as corrupt. He offered three possible scenarios for a New Order.

It’s the turn of professionals to find a solution to the debt crisis of two beleaguered nations, Greece and Italy, which shook the very existence of eurozone. Now the political leadership of these two nations is going to be in the hands of technocratic economists in the desperate bid to lead them out of the debt trap.

A new Greek Prime Minister has finally been sworn in, nearly a week since the government fell apart over disagreements surrounding the Euro crisis.

Europe's key crisis figures have all Goldman Sachs in their pedigree. Is it just a coincidence or is the financial world is trying to take over Europe?

The deepening crisis in the Eurozone has given rise to a lot of speculation about the future of the region in its present shape.

Lucas Papademos, a respected economist and former European Central Bank vice-president has been named as Greece's new Prime Minister, after days of tense negotiations.

As the final twilight of George Papandreou’s premiership dims for good, The IBTimes reveals in an exclusive interview with a source close to the former prime minister, what life was like for the Pasok leader.

The Greek press warned political parties that "today is the last chance" to end the political stalemate and appoint a new leader.

The new president of the European Central Bank, Mario Draghi, will look to promote “growth” in the eurozone, according to a leading portfolio manager in the City of London.

After 48 hours of political deadlock, Greece will name its new prime minster by the end of the day after the outgoing premier, George Papandreou, and opposition leader, Antonis Samaras, reached a consensus with the country’s president Carolos Papoulias yesterday evening.

The German Chancellor, Angela Merkel, has confessed that there is no deal on the table to fund the IMF or a Eurozone firewall which has sent markets tumbling across the world.

The prime minister, David Cameron, faces yet another rebellion in the Commons – this time over the use British taxpayers’ money to boost the International Monetary Fund (IMF), a fiscal reserve that supports ailing economies such as Greece.