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Von der Leyen retains position as EU Commission president

European Commission President Ursula von der Leyen has managed to retain her position. Yet, she faces intense scrutiny for her policies, including funding Ukraine amid EU financial hardships and accusations of double standards.

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REPORTS

ECB urges quick approval of COVID-19 recovery fund

The European Central Bank has called on the bloc's leaders to quickly reach agreement on a 750 billion euro stimulus package.

Christine Lagarde

EU

ECB chief urges quick EU recovery plan to pull economy from ‘dramatic fall’

European Central Bank head Christine Lagarde urges European Union (EU) leaders to quickly agree on a recovery package that would pull the economy from a "dramatic fall" or risk a change in sentiment on markets.

Christine Lagarde

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ECB chief: Eurozone economy to shrink sharply this year

The European Central Bank chief says the eurozone is grappling with unprecedented contraction in the aftermath of the new coronavirus’ outbreak.

Europe-economy

REPORTS

ECB outlines threats to EU's fragile economy

European Central Bank President says major threats face the EU's economy, the newest of which is the Coronavirus.

REPORTS

UK and US are key threats to EU's economy

European Central Bank President Mario Draghi cites a no-deal Brexit, Donald Trump's trade policies and US, UK tensions with Iran as threats to the eurozone economy.

Mario Draghi

REPORTS

Rome's plan to launch state bonds angers Brussels

The latest financial initiative by the Eurosceptic government of Italy has been heavily criticised by the European Central Bank.

EU

Amsterdam to host EU drug agency

Amsterdam has won the right to host the EU's EMA drug agency when it leaves London after Brexit.

EMA