Tag: European Central Bank (ECB)

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Euro nears nine-month peak as ECB hawks let fly

The dollar was staring at a fourth straight session of losses against the euro on Monday as more hawkish comments on European interest rates...

ECB sets capital requirements for Monte dei Paschi for 2023, removes dividend ban

The European Central Bank has set the minimum capital requirements for Banca Monte dei Paschi di Siena (MPS) (BMPS.MI) for next year and also removed a...

ECB likely to keep raising rates beyond 2% level, says French central bank chief

The European Central Bank (ECB) will probably continue to raise interest rates beyond 2%, but "jumbo" rate hikes will not become a new habit,...

ECB to lend out more of its bonds to ease market squeeze

The European Central Bank has raised the amount of bonds it can lend against cash to 250 billion euros to ease a market squeeze...

ECB must keep raising rates even if recession risks rise, Lagarde says

The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession has increased,...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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