Angela Merkel 2

'We'll miss you': Merkel gets fond farewell in Rome

German Chancellor Angela Merkel received a warm welcome during her visit to Italy on Thursday in one of her last foreign engagements before she steps down.

Emmanuel Macron

Draghi urges eurozone solidarity as Macron pushes reforms

European Central Bank chief Mario Draghi on Friday urged politicians to sidestep confrontation and reach compromise on reforming the eurozone, after French ambitions have slammed repeatedly into German taboos.

Frankfurt

ECB announces €1.1tn bond buying programme

The European Central Bank (ECB) will buy €60 billion of European debt every month from March 2015 until September 2016, ECB president Mario Draghi announced on Thursday.

European Union

ECB: Crisis nations have lost their sovereignty

The head of the European Central Bank (ECB) on Sunday threw his weight behind a German scheme to allow the EU to intervene in countries' budgets and propose changes before they are agreed in parliaments.

Economy

ECB cuts rates

The European Central Bank on Thursday unexpectedly cut its benchmark interest rate by a quarter of a point to 1.25 percent, in an apparent attempt to bolster Europe’s economy amid the Greek debt crisis.