European Central Bank Archives - The Foreign Report

Banking on Merkel: Germany expected to hold course on Eurozone

Germany is likely to continue with the same cautious, pragmatic approach in overcoming the crisis, despite the Southern Eurozone countries’ expectations of changing the policies. The decisive day, 22 September 2013, not for the German people only but also for Read on! →

A small pyramid with the Euro sign stands just outside Riga, Latvia

Latvia: Introduction of the Euro to go ahead despite lack of public support

Latvia will become the 18th Member State to introduce the euro on 1 January 2014, but with less than 40% support from its citizens. The Latvian Prime Minister, Valdis Dombrovskis, has admitted: “The public now is less convinced than it Read on! →

Mario DRAGHI, President of the European Central Bank.

Germany: The Constitutional Court will decide on the future of the Eurozone

Germany will have to leave the Eurozone should the German Constitutional Court find the ECB’s Outright Monetary Transactions illegal. The Court in Karlsruhe will decide whether the European Central Bank’s (ECB) Outright Monetary Transactions (OMT) is in the line with Read on! →

Euro statue outside the European Central Bank in Frankfurt

Europe: Is ‘Euro solidarity’ simply divisive rhetoric?

Billions of Euros have been poured into the EFSF, Eurozone bailout fund; but is solidarity with fellow members a good enough motivation to contribute?