WASHINGTON (Reuters) - The European Central Bank could expand its policy toolkit if needed to battle deflation risks, a top ECB official said on Wednesday, adding that the central bank was also weighing measures to encourage more lending in the euro zone.Full story
WASHINGTON (Reuters) - The European Central Bank could expand its monetary policy toolkit if needed to respond to threats to price stability, and must ensure the euro zone economy does not enter a downward spiral, ECB Executive Board member Peter Praet said on Wednesday. Full story
LONDON (Reuters) - Credit rating firms say they could further downgrade the ratings of highly indebted euro zone countries, putting their bonds at risk of being pitched out of global indexes and reversing a fall in their borrowing costs. Full story
CNBC's Kelly Evans reports European shares were mixed ahead of policy decisions by the European Central Bank and the Bank of England.
The European Central Bank is ready to cut off emergency funding for the tiny island country if it doesn't reach a bailout deal by Monday. Martin Wolf, Financial Times, weighs in with the details.
CNBC's Michelle Caruso-Cabrera has the update on the European Central Bank's efforts to pressure the solvency of Cypriot banks.
CNBC's Rick Santell talks with Mark Grant, Southwest Securities about the Bank of England and European Central Bank's decision to leave interest rates unchanged.
CNBC's Kelly Evans reports on all the market moving events from Europe, as investors looked towards key rate decisions by the European Central Bank and Bank of England.
A graffiti depicting German Chancellor Angela Merkel is seen outside a fence surrounding the construction site for the new headquarters of the European Central Bank in Frankfurt, May 16, 2013. REUTERS/Kai Pfaffenbach (GERMANY - Tags: BUSINESS)
A combination of six pictures shows graffitis painted outside a fence surrounding the construction site for the new headquarters of the European Central Bank in Frankfurt, May 16, 2013. TREUTERS/Kai Pfaffenbach (GERMANY - Tags: BUSINESS ENTERTAINMENT TPX IMAGES OF THE DAY)
A graffiti depicting European Central Bank President Mario Draghi and German Chancellor Angela Merkel is seen outside a fence surrounding the construction site for the new headquarters of the ECB in Frankfurt, May 16, 2013. REUTERS/Kai Pfaffenbach (GERMANY - Tags: BUSINESS TPX IMAGES OF THE DAY)
