European Central Bank

The European Central Bank aims to increase the size of its balance sheet toward the levels of 2012, ECB President Mario Draghi said on Thursday, repeating language that has annoyed some policymakers at the bank by essentially setting a target for the expansion.

The euro edged higher and European stocks pulled back on Thursday as investors waited to see what message ECB chief Mario Draghi will send after the European Central Bank's monthly meeting, following another run of poor eurozone data.

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Greece can use the remaining 11.5 billion euros ($14.4 billion) in its bank rescue fund as a precautionary credit line when it exits its EU/IMF bailout, the country's central bank chief told Greek newspaper Ta Nea on Wednesday.

The Single Supervisory Mechanism (SSM) has not received a notice from Bulgaria saying it would like to be part of it, its head Danièle Nouy told MEPs on Tuesday.

Nouy however stressed the newly-established body was ready to cooperate if asked.

NICOSIA - The eurozone risks a loss of economic momentum and a delayed recovery unless governments match the European Central Bank's monetary stimulus with fiscal and structural policies to support growth, ECB policymaker Benoit Coeure said on Tuesday.

Stoyan Mavrodiev, Chair of Bulgaria's Financial Supervision Commission (FSC), met with Vitor Constancio, Vice-President of the European Central Bank (ECB) during a working visit to Frankfurt.

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Leftist opposition leader Alexis Tsipras will meet with Bank of Greece governor Yannis Stournaras on Friday, according to reports.

Tsipras, who reports said requested the meeting, wants to discuss the results of the recent European Central Bank stress tests that included the country's four systemic lenders.

By Maria Petrakis

Wilbur Ross, the US billionaire who has invested in some of the euro-area’s crisis-stricken lenders, said Europe’s stress tests fixed only one of the region’s problems.

Lending to companies in the euro zone periphery continued to fall in September, while banks in core countries kept lending more, ECB data showed on Monday, highlighting the divergence in economic strength in the bloc.

Greek banks received what amounts to a virtually clean bill of health from the European Central Bank, as the results of the stress tests Frankfurt performed on the four systemic lenders of this country showed on Sunday that Alpha and Piraeus have completed the exercise successfully through their dynamic picture, and only Eurobank and National need to cover the negligible amount of 291 million e