European Central Bank

We've been here before. It's a weekend reminiscent of the jittery past year. Investors are on edge as they gaze at political leaders across the Atlantic for assurances they will extend a last-minute bailout to a struggling European country and...

ATHENS -- Racing against time and short on choices, Cyprus on Friday moved to vote on yet another bailout formula its government cobbled together to secure a $13-billion international lifeline that will keep its weak banks afloat and avert a devastating...

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. OBAMA HEADS TO WEST BANK The president is meeting with Abbas about the peace process, as rockets were launched into Israel today. 2. WHAT...

It’s being marketed as a one-time tax -- a civic donation to the nation’s financial stability. But the people of Cyprus know it by another name: expropriation. A government plan to siphon as much as 10% from individual bank deposits to co-...

ATHENS — Amid renewed fears of a widening economic crisis in Europe, Cyprus on Monday ordered its banks shut through Thursday, postponing for a second time in two days a crucial parliamentary debate on whether bank depositors on the Mediterranean...

It was a maybe, maybe not week. Investors didn't think they needed to worry about sequestration; then they thought maybe they should. The outcome of Italy's elections looked foreboding for Europe's stability, but then investors thought, with time,...

WASHINGTON -- The euro crisis is back. Actually, it never left. But there was an extended period, beginning last summer, when Europe's political, business and media elites convinced themselves the worst had passed. The European Central Bank (ECB) --...

Our European vacation from stock market angst has ended abruptly, with Italy's elections this week showing investors worldwide that they may have jumped too quickly at the conclusion that Europe's debt crisis had been tamed. Much of the financial...

Are the golden years over for gold? With prominent hedge fund managers such as George Soros selling large quantities of gold, and the price down about 16 percent from 2011's all-time peak of more than $1,900, some experts think gold's best days could be...

LONDON — Ireland sealed a deal with the European Central Bank on Thursday to ease the crippling cost of its public bailout of failing banks, keeping the country on track to wean itself from international emergency loans. By overhauling repayment...

It's not unusual to lose your balance while standing on a peak. And so it goes with the stock market. Investors suffered some fear of heights Monday and sent the Dow Jones industrial average tumbling. It was the worst day of this year, with a triple-...

The first people to tell the public that the world's oldest bank was cooking its books weren't the bank's executives, its outside auditors at KPMG, its regulators at the Bank of Italy, or anyone else who had a duty to keep the place honest. They were...