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The European Central Bank said Thursday it would begin unwinding the extraordinary measures it had taken to boost eurozone growth, while leaving its main interest rate unchanged at a record low of 1.0 percent. Full Article at Taiwan News
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Talks on reducing public payroll costs between Government officials and trade unions, were adjourned at 2am. Full Article at FinFacts
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Dec. 4 (Bloomberg) -- German two-year notes rose after stocks declined and a European Central Bank proposal to maintain some unlimited funding for banks into next year indicated policy makers think the economy still needs some stimulus. Full Article at Bloomberg.com
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I was struck by the comments on Greece yesterday by Jean-Claude Trichet, European Central Bank president. Full Article at Money Supply | Financial Times Blogs
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The dollar traded mixed ahead of Friday's US employment report. Full Article at International Business Times
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FRANKFURT -- The European Central Bank on Thursday left its main interest rate unchanged at a historical low of 1 percent, as widely predicted by markets, and was expected to announce later in the day that it will start withdrawing some liquidity... Full Article at China Post
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THE EUROPEAN Central Bank (ECB) last night embarked firmly on dismantling the exceptional measures it has taken to shore up the euro zone’s financial system, even as it remained highly cautious on prospects. Full Article at Irish Times
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Jean-Claude Trichet, the ECB's president, said this month's offering of 12-month loans to the banking system would be the last of its kind and the cost of borrowing would be linked to the ECB's benchmark floating rate, currently 1pc. Full Article at The Telegraph
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The euro rose today in early trading against the dollar as Asian markets surged again. Full Article at International Business Times
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Jean-Claude Trichet announced that a final instalment of funds for banks would not be fixed at an ultra-cheap 1pc, but indexed to bids in future refinancing operations. Full Article at The Telegraph
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tool goes here A look at economic developments and activity in major stock markets around the world Thursday: FRANKFURT - The European Central Bank left its main interest rate unchanged at a historic low of 1 percent on and took the first steps to... Full Article at Centre Daily Times
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A look at economic developments and activity in major stock markets around the world Thursday: ___ FRANKFURT - The European Central Bank left its main interest rate unchanged at a historic low of 1 percent on and took the first steps to withdraw some of... Full Article at Atlanta Journal Constitution Vendor
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Dec. 3 (Bloomberg) -- The euro rose against the dollar and posted its biggest gain in a month versus the yen as European Central Bank President Jean-Claude Trichet announced the first steps toward scaling back emergency stimulus lending. Full Article at Bloomberg.com
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THE European Central Bank left its main interest rate unchanged at a historic low of 1 percent yesterday and announced it would end some of its extraordinary measures supporting markets with liquidity. Full Article at Shanghai Daily
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Swedish Prime Minister Fredrik Reinfeldt, whose country currently holds the rotating European Union presidency, left, Chinese Premier Wen Jiabao, center, and European Commission President Jose Manuel Barroso, right, shake hands prior to the EU-China... Full Article at Daily Breeze
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BERLIN, Dec. 3 (Xinhua) -- European Central Bank (ECB) has decided to phase out some extraordinary liquidity measures, ECB President Jean-Claude Trichet said on Thursday. Full Article at Xinhua
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European Central Bank President Jean-Claude Trichet, told a press conference in Frankfurt today, following the decision to keep the benchmark rate unchanged at 1%, that the ECB will scale back its emergency financing operations next year as... Full Article at FinFacts
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FRANKFURT -- The European Central Bank kept rates at a record low of 1% as expected on Thursday, leaving markets firmly focused on how it plans to handle the delicate process of phasing out its financial crisis support. Full Article at Financial Post
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FRANKFURT - The European Central Bank left its main interest rate unchanged at a historic low of 1 percent on Thursday and announced it would end some of its extraordinary measures supporting markets with liquidity. Full Article at Atlanta Journal Constitution Vendor
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Dec. 3 (Bloomberg) -- The euro rose against the dollar and the yen as European Central Bank President Jean-Claude Trichet announced the first steps toward scaling back emergency lending designed to revive the region’s economy. Full Article at Bloomberg.com
About Jean-Claude Trichet
Wikipedia
Jean-Claude Trichet (born 20 December 1942) is a French civil servant who is the current president of the European Central Bank since 2003. Trichet ranks 5th on the world's most powerful by Newsweek along with economic triumverates Ben Bernanke(4th) and Masaaki Shirakawa(6th). Full Article
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European Central Bank President Jean Claude Trichet (L) talks with Italian Finance Minister Giulio Tremonti on November 10,2009 during an Ecofin meeting at the EU headquarters in Brussels.
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President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
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President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
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President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
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President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
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President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
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Getty Images
President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
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President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
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European Central Bank (ECB) governor Jean-Claude Trichet (L) and Bank of Italia governor Mario Draghi arrive for a family photo of the ECB members prior a meeting on October 8, 2009 in Venice.
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European Central Bank (ECB) governor Jean-Claude Trichet (C-first row) is flanked by the Bank of Italia governor Mario Draghi (3D-L first row) as they pose during a family photo of the ECB members prior a meeting on October 8, 2009 in Venice.
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European Central Bank (ECB) governor Jean-Claude Trichet (C-first row) is flanked by the Bank of Italia governor Mario Draghi (3D-L first row) as they pose during a family photo of the ECB members prior a meeting on October 8, 2009 in Venice.
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ISTANBUL, TURKEY - OCTOBER 3: In this handout image supplied by the IMF, International Monetary Fund's Managing Director Dominique Strauss-Kahn (L) talks with , European Central Bank President Jean-Claude Trichet (C) and Italy's Governor Mario Draghi (L) prior to the start of their G-7...
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European Central Bank President Jean Claude Trichet arrives for the second working session of the informal ECOFIN meeting at the Eriksberghallen in Gothenburg on October 2, 2009.
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President of the European Central Bank French Jean Claude Trichet (L) and commisisioner responsable of Economy and Monetary Affairs Joaquim Almunia attend the second working session of the informal ECOFIN meeting at the Eriksberghallen in Gothenburg on October 2, 2009.
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President of the European Central Bank French Jean Claude Trichet (L) confers with commisisioner responsable of Economy and Monetary Affairs Joaquim Almunia as they attend the second working session of the informal ECOFIN meeting at the Eriksberghallen in Gothenburg on October 2, 2009.
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(L to R) Vice president of the European Central Bank Lucas Papademos, President of the European Central Bank French Jean Claude Trichet, Commisisioner responsable of Economy and Monetary Affairs Joaquim Almunia attend the second working session of the informal ECOFIN meeting at the Erik...
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Bank President Jean Claude Trichet (L) , Swedish Minister for Finance Anders Borg (C) and European economic and monetary affairs commissioner Joaquin Almunia (R) speak during a press conference at the end of a working session of the informal ECOFIN meeting at the Eriksberghallen in Goth...
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President of the European Central Bank Jean Claude Trichet (L), jokes wtih Swedish Minister for Finance Anders Borg during the group photo of European ministers of Finance at the informal ECOFIN meeting at the Eriksberghallen in Gothenburg on October 1, 2009.
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Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
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Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
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Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia take part in a joint press conference after the Eurogroup working session alongside...
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Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia take part in a joint press conference after the Eurogroup working session alongside...
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Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
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Eurogroup President Jean-Claude Juncker (L), the President of the European Central Bank (ECB) Jean-Claude Trichet (C) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
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Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
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President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
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We very much share that view expressed by the Treasury secretary and we also share the views expressed by (Federal Reserve chairman) Ben Bernanke
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European Central Bank President Jean-Claude Trichet led the region's finance chiefs in pushing China to let the yuan strengthen amid mounting concern the euro is shouldering too much of the burden of a sliding dollar. Some currencies 'have in the medium run to appreciate,' Trichet said...
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