Wednesday 6 November 2024
 
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cental bank

European Union faces crucial test of ‘whatever it takes’

The European Central Bank (ECB) faces a crucial test of its resolve to do "whatever it takes" to preserve the euro when it decides this week on buying government bonds to combat deflation and revive the economy. The EU t

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Iraq places Warka Bank under guardianship

Iraq's central bank placed private bank Warka Bank under guardianship to supervise it through insolvency, a senior official in the central bank said on Sunday. Warka Bank had been in talks with Standard Chartered to sell a stake last y

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