Ewald Nowotny: “I assume that the majority of Greeks want to stay in the euro area, so I can imagine that this is a basis for new negotiations”

German chancellor Angela Merkel told a leadership meeting of her Christian Democrats (CDU) on Monday that it was up to Greece to move in the reform st(...)

Pro-Euro protesters take part in a rally in front of the parliament  in Athens. Photograph:   Milos Bicanski/Getty

Thousands of Greeks rallied in front of the national parliament last night to show support for the country’s place in the euro zone, but influential v(...)

Mario Draghi, president of the European Central Bank (ECB), is expected to reveal his stimulus plans on Thursday Photograph: Bloomberg

The European Central Bank is said to propose expanding its stimulus to include monthly purchases of €50 billion in sovereign debt through the end of (...)

Ewald Nowotny, governor of Austria’s central bank and governing council member of the European Central Bank, said low euro zone inflation and the strong euro could both start to self-correct. Photo: Bloomberg

Low euro zone inflation and the strong euro could both start to self-correct this year without requiring any action from the European Central B(...)

Ewald Nowotny, governor of Austria’s central bank, the Oesterreichische Nationalbank, and governing council member of the European Central Bank. Photo: Bloomberg

European Central Bank governing council member Ewald Nowotny said economic growth in the euro area including its biggest economy, Germany, may exceed (...)

Ewald Nowotny, ECB policymaker and governor of the Central Bank of Austria, said interest rates were unlikely to rise for the foreseeable future. Photograph: Price Chambers/Bloomberg.

Financial markets should not expect the European Central Bank to raise interest rates for the foreseeable future as long as expectations for inflation(...)

Ewald Nowotny, governor of Austria's central bank, and European Central Bank governing council member, said the possibility the European Central Bank might cut its deposit rate below zero is not relevant for now.

The possibility the European Central Bank might cut its deposit rate below zero is not relevant for now, ECB policymaker Ewald Nowotny said tod(...)