EU finance ministers have given the green light to create a centralized banking supervisor for the eurozone, run by the European Central Bank.
At an informal hearing of a key EU Parliament committee, Ireland's central bank chief Philip Lane has received the strongest backing from lawmakers in his bid to become the ECB's No. 2, beating a rival from Spain.
State television showed Ilmars Rimsevics arriving at the anti-corruption agency where he was questioned for more than seven hours. The prime minister said there was no danger for the financial system.
Policymakers from the US Fed, the European Central Bank and the Bank of England have described the recent sell-off in stock markets as a healthy correction, saying this won't knock them off their monetary policy path.
Following a meeting of central bank governors, ECB chief Mario Draghi has voiced concerns about the current strength of the euro area's single currency. The development makes it harder to exit crisis-era measures.
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