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ECB to keep rates on hold, gauge impact of latest cut

The European Central Bank is unlikely to make new policy moves at its monthly meeting on Thursday, focusing instead on assessing the impact of last month`s unprecedented package of measures.

ECB unveils plan to buy unlimited volume of sovereign bonds

The European Central Bank Thursday announced a fresh programme that allows it to execute potentially unlimited sovereign bond-buying, a widely-expected bid to save the region's currency.

Euro irreversible, says ECB

The European Central Bank Thursday asserted "euro is irreversible" and promised intervention in the bond market to bring down the borrowing costs for debt-ridden Spain and Italy.