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ECB president defends unconventional recovery policies

Addressing the European Parliament, meeting for its plenary session in Strasbourg, European Central Bank (ECB) President Mario Draghi gave a positive outlook on economic recovery in the Euro area, while presenting the ECB's unconventional monetary support policies as principal factors in the change.

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U.S. stocks surge on Draghi's dovish comments

​U.S. stocks posted solid gains Thursday, as investor sentiment was buoyed by dovish remarks from European Central Bank (ECB) President Mario Draghi.

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ECB raises ELA for Greek banks by 900 mln euros

​The European Central Bank (ECB) governing council on Thursday decided to raise the Emergency Liquidity Assistance to Greek banks by 900 million euros (979 million U.S. dollars).

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ECB economic support program appears successful: OeNB governor

​The current positive economic growth trends in Austria and the wider eurozone are in large part due to successful emergency measures implemented by the European Central Bank (ECB), an Austrian member of its governing council claimed Monday.

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British pound crises to seven-year high against euro

​The British pound Tuesday hit 1.40 pounds against 1 euro mark for the first time since December 2007, as the European Central Bank (ECB) began its quantitative easing policy on Monday.

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European Central Bank's refusal to resume financing to Greek banks does not cause problems: gov't sourc

​European Central Bank's (ECB) refusal to resume normal financing to Greek banks does not cause additional problem to Greece's financial sector, Greek government sources told local media on Thursday, commenting on the outcome of an ECB meeting in Cyprus.

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ECB technocrats prepare to discuss 1.1-tln-euro QE program

​Teams of European Central Bank (ECB) technocrats are gearing up for a governing council session to discuss its 1.1-trillion-euro (1.22 trillion U.S. dollars) quantitative easing program in Cyprus, officials said on Wednesday.

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ECB launches asset purchase plan, ready for new measures: Draghi

ECB launches asset purchase plan, ready for new measures: Draghi

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Milan stock exchange plunges after launch of ECB asset purchase

The Milan stock exchange fell almost 4 percent on Thursday after the European Central Bank (ECB) launched a new asset purchase plan and warned of the risks of modest growth and inflation in the eurozone.

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FTSE 100 drops following ECB conference

​FTSE 100 Index, British benchmark stock market gauge, Thursday decreased by 1.69 percent, or 111.13 points, to 6,446.39, as the European Central Bank (ECB) conference disappointed traders.

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ECB announces asset purchase program, leaves key rates unchanged

​The president of the European Central Bank (ECB) Mario Draghi announced a purchase program of asset-backed securities (ABS) and new covered bonds at an ECB governing council meeting in Italy's Naples on Thursday.

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ECB cuts interest rates, discloses more easing measures

​The European Central Bank (ECB) on Thursday decided to cut all the interest rates by 10 basis points and start buying non-financial private sector assets.

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Eurozone manufacturing index slips to 13-month low

​The final seasonally-adjusted eurozone manufacturing purchasing managers' index (PMI), a gauge of the industry activities, slipped to 50.7 in August from 51.8 in July, the lowest reading since last July, according to a Markit survey published Monday.

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Gold ends higher after major central bank decisions

Gold futures on the COMEX division of the New York Mercantile Exchange ended higher on Thursday to recoup much of the previous session's losses, after the European Central Bank announced rate cuts and the U.S. Federal Reserve made no changes to its asset purchase program.