German central bank chief criticises ECB asset purchase plan

Berlin (AFP) - Germany's central bank chief Jens Weidmann voiced concern about the European Central Bank's latest asset purchase plan to stimulate the eurozone's moribund economy, in an interview published Sunday.

Draghi raises QE hopes again

The European Central Bank is ready to use a bigger bazooka to jump start growth and inflation in the euro-area should its existing measures fail to have an effect, said Mario Draghi.

Cyprus crisis to deepen Greek recession: Business leader

ATHENS: The Cyprus crisis could tip Greece into an even deeper recession this year, the head of Greece's biggest business group said on Wednesday, urging a growth-boosting rethink of the country's bailout programme.