European Central Bank

FT podcast: World Weekly with Gideon Rachman

March 21, 2013 10:47 pm by Financial Times

What lies ahead for Cyprus and the eurozone?
After a failed bailout plan that involved taxing the deposits of small savers, Cyprus is now the epicentre of the eurozone crisis. Lawmakers are now seeking an alternative before Monday, when the European Central Bank will cut emergency liquidity to Cyprus’s foundering banks. Kerin Hope, Greece and Cyprus correspondent; Peter Spiegel, Brussels bureau chief; and Patrick Jenkins, banking editor, join Ben Hall to discuss what’s happened and what lies ahead. Read more

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Posted in Europe, Financial crisis, Foreign affairs |

Davos Day 3

January 25, 2013 9:02 am by Ben Fenton

(AP)

Friday’s events from the World Economic Forum feature an address by Mario Draghi, president of the European Central Bank, and sessions looking at the challenges faced by, and presented by, the fast-changing Arab world. Reports from FT writers in Davos and by Ben Fenton, Lina Saigol and Lindsay Whipp in London

17.03: The Davos Live Blog is closing down now but for more reading and insight on today’s events, please visit the FT’s in depth page on the World Economic Forum.

16.41: Gideon Rachman, titular proprietor of this blog, has written his surmise from the earlier session on Syria.

16.16: Asked by the Amercian moderator of his panel session about corruption and banking regulation, Nigeria’s central bank governor Sanusi displays a little frustration:

He said: “We are the only country which has taken people out of banks and put them in jail. No bankers in your countries have gone to jail.”

16.12: Martin Wolf has recorded his view on the politics and economics at play in a “low-intensity” Davos this year:

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Posted in Davos, Development, Financial crisis, Foreign affairs, Islamism, Mali, Middle East, Syria, World affairs |

Briefing: The ECB’s bond-buying programme

August 8, 2011 5:01 pm by FT

James Wilson, in our Frankfurt office, has compiled a guide to the European Central Bank’s bond-buying programme as policymakers struggle to contain the contagion in eurozone debt markets.

What is the ECB doing?

The ECB has reopened what had become a dormant programme of buying the debt of various eurozone countries in the secondary market. It’s a fire-fighting measure to try to calm markets. Having bought Greek, Irish and Portuguese bonds, they are for the first time this week now buying Italian and Spanish debt.

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Posted in Europe |