European Central Bank chief warns of speculative misuse of credit default swapThe European Central Bank's chief warned Friday that credit default swaps "should not be misused in a speculative manner," backing European leaders eager to curb market pressure on government debt. France, Germany and Greece have called for a ...

Annual inflation fell slightly in the 16-nation eurozone to 0.9 percent in February, the first drop since last summer, official figures confirmed Tuesday. The small drop from the 1.0 percent inflation rate recorded by the EU's Eurostat data agency in January was confirmed by the EU's ...

The European Central Bank will consider a proposed emergency fund for eurozone economies in distress, ECB chief Jean-Claude Trichet said on Wednesday. "We don't reject the idea at this stage. We have to look at it and look at the details," Trichet told reporters on the sidelines of an ...

Leading central bankers believe economic growth is advancing on a "very positive" path, allowing them to unwind stimulus measures, European Central Bank chief Jean-Claude Trichet said after they met on Monday. "At the global level, the sentiment is that growth continues to be very positive, and with a number of ...