European Central Bank

Members of the European Central Bank (ECB) expressed confidence that inflation across the Eurozone would continue to decline, though concerns lingered following last month's rate cut amid unexpected economic setbacks, according to minutes from the ECB's latest meeting published by Reuters on Thursday.

The new tool being promoted to shield southern European countries as interest rates may rise "not need to be used if it is strong enough to persuade investors not to try it".

This is what the governor of the Bank of Greece and member of the Board of Directors of the European Central Bank, Giannis Stournaras, said in a televised interview with Bloomberg.

The European Central Bank (ECB) is not expected to take additional measures and could implement a "wait-and-see" policy amid the coronavirus crisis, according to economists.

The European Central Bank told eurozone finance ministers that the eurozone could need fiscal measures worth to 1.5 trillion euros this year to tackle the economic crisis caused by the COVID-19 epidemic, officials told Reuters.

The low per-capita income on average represents the biggest issue regarding Romania's real convergence in view of joining the Eurozone (EZ), however, it's not a a formal criterion for euro accession, experts with the European Central Bank (ECB) believe.

Two state organizations - the SME Promotion Agency and the Center for the Promotion of Agricultural Co-operation between China and the Central European Central Bank (CNESC) to the Ministry of Agriculture, Food and Forestry will join forces to more effectively promotion of Bulgarian goods and services in China.

Lifting the last of the capital controls is expected to be at the focus of talks on Friday between Bank of Greece Governor Yannis Stournaras and the heads of the country's credit sector.

The anticipated reduction of Piraeus Bank's capital adequacy requirements as set by the European Central Bank served on Monday to boost the bank stock that has suffered the most in recent months - and with it the rest of the bourse - although trading volume was again disappointingly low.

Growth in the eurozone slowed sharply to 1.8 percent in 2018, data showed Thursday, as a recovery ran out of steam on worries over the US-China trade war and Brexit, reports AFP. 

The economy expanded by a comparatively booming 2.4 percent in 2017.

If there is an increase in interest rates on loans, it will begin at the earliest in the summer of 2019. This is what the Chairman of the Board of the Association of Banks Petar Andronov told NOVA "Hello Bulgaria", citing the forecasts of the European Central Bank.