PARIS, Oct 9, 2008 (AFP) - European Central Bank Chief Jean-Claude Trichet urged financial markets to 'collect' themselves Wednesday after Wall Street and European stock exchanges tumbled again despite coordinated central bank cut rates.

'Collect yourselves,' Trichet said on France 3 television. 'Excessive pessimism is ill advised.'

FRANKFURT, Oct 9, 2008 (AFP) - The European Central Bank said Thursday it would pump 100 billion dollars (74 billion euros) back into interbank money markets in one-day loans, raising the daily amount by 30 billion dollars.

FRANKFURT, Oct 9, 2008 (AFP) - The European Central Bank has changed two more key interest rates following a cut to its main lending rate, in a move which an analyst said on Thursday should help stabilise stressed money markets.

At the core of the financial crisis is a freeze in lending by banks to each other, and to businesses and consumers.

MILAN, Oct 9, 2008 (AFP) - The European Central Bank is to lower its 2009 eurozone economic growth forecast from the current estimate of 1.2 percent, ECB board member Lorenzo Bini Smaghi said in comments published Thursday.

FRANKFURT, Oct 9, 2008 (AFP) - The European Central Bank underscored on Thursday its strong concern over uncertain prospects for economic activity in the 15-nation eurozone, but noted again that fighting inflation was still a priority.

FRANKFURT, Oct 8, 2008 (AFP) - The European Central Bank announced four changes Wednesday among its senior directors, with the new managers taking over in the midst of unprecedented financial turmoil.

The ECB's director general of research, Lucrezia Reichlin, had resigned from her post on September 15, a statement said, and was replaced by Frank Smets as of that date.

FRANKFURT, Oct 8, 2008 (AFP) - The European Central Bank cut its main lending rate by half a percentage point to 3.75 percent on Wednesday, an ECB statement said.

The decision was taken in coordination with central banks in Britain, Canada Sweden, Switzerland and the United States, the ECB said.

BRUSSELS, Oct 8, 2008 (AFP) - Dramatic, coordinated interest rate cuts by leading central banks on Wednesday won high marks from European businesses, with umbrella association BusinessEuropee saying it would help restore confidence.

PARIS, Oct 8, 2008 (AFP) - European Central Bank Chief Jean-Claude Trichet urged financial markets to 'collect' themselves Wednesday after Wall Street and European stock exchanges tumbled again despite coordinated central bank cut rates.

'Collect yourselves,' Trichet said on France 3 television. 'Excessive pessimism is ill advised.'

FRANKFURT, Oct 8, 2008 (AFP) - The European Central Bank said Wednesday it would pump 70 billion dollars (95 billion euros) back into interbank money markets in one-day loans, raising the amount by 20 billion dollars.

FRANKFURT, Oct 7, 2008 (AFP) - The European Central Bank on Tuesday pumped 50 billion dollars (37 billion euros) back into interbank money markets in what has become a daily attempt to keep cash flowing through the key financial pipeline.

The results of the ECB's one-day offer, including demand and the rate at which the dollars are lent, were to be released later in the day.

FRANKFURT, Oct 7, 2008 (AFP) - Huge and continuous infusions of cash by central banks around the world to keep the international banking system afloat are a vital lifeline but cannot resolve the financial crisis, analysts warned on Tuesday.

The European Central Bank made yet more funds available on Tuesday.

FRANKFURT, Oct 7, 2008 (AFP) - The European Central Bank announced Tuesday a schedule for new coordinated action it will take with other central banks to expand the provision of US dollars to cash-strapped commercial banks.

FRANKFURT, Oct 7, 2008 (AFP) - The European Central Bank said Tuesday it would double the amount of euros it lends to commercial banks for periods of six months to 50 billion euros (68 billion dollars).

FRANKFURT, Oct 7, 2008 (AFP) - The European Central Bank pumped 50 billion dollars (37 billion euros) into money markets on Tuesday and said it would double to 50 billion euros the amount of the single European currency it would lend for six months as it tried to ease a tightening credit crunch.

EVIAN, France, Oct 7, 2008 (AFP) - The European Central Bank is working hard to try to resolve the credit crisis in the eurozone but cannot rescue banks from bankruptcy, ECB chief Jean-Claude Trichet said Tuesday.

'We are doing everything we can to ensure liquidity in circumstances that are very, very demanding,' Trichet told a conference in the French Alpine city of Evian.

FRANKFURT, Oct 7, 2008 (AFP) - The European Central Bank (ECB) and other central banks have injected huge amounts of cash into money markets that are the lifeline of the international banking system, but those efforts cannot resolve the crisis, analysts warn.

FRANKFURT, Oct 6, 2008 (AFP) - The European Central Bank said Monday it had pumped 50 billion dollars (37 billion euros) into stressed eurozone interbank lending markets in what has become a daily effort to keep credit flowing.

Demand for the funds was strong, with 59 banks seeking almost 91 billion dollars and paying 4.0 percent for the money that was available, the ECB said.

FRANKFURT, Oct 6, 2008 (AFP) - The European Central Bank renewed on Monday overnight loans of 50 billion dollars (37 billion euros), in what has become a daily effort to keep cash pumping through tight interbank money markets.

The results of the ECB's one-day offer, including demand and the rate at which the dollars are lent, were to be released later in the day.

LUXEMBOURG, Oct 6, 2008 (AFP) - Leading officials of the 15-nation eurozone group said Monday that big banks fighting for survival would not be allowed to fail and the money market would be kept flush with central bank cash.

PARIS, Oct 3, 2008 (AFP) - The head of the European Bank Jean-Claude Trichet insisted on Friday that US lawmakers must pass their government's massive financial bailout plan.

FRANKFURT, Oct 3, 2008 (AFP) - The European Central Bank renewed on Friday loans of 50 billion dollars (36 billion euros), in what has become a regular effort to keep cash flowing on distressed interbank money markets.

The results of the ECB's three-day offer which extends until Monday, including demand and the rate at which the dollars are lent, were to be released later in the day.

FRANKFURT, Oct 3, 2008 (AFP) - The European Central Bank has opened the door to a rate cut in the coming months as its president Jean-Claude Trichet prepares for high-level financial talks in Paris on Saturday, analysts said.

FRANKFURT, Oct 3, 2008 (AFP) - The European Central Bank on Friday renewed loans of 50 billion dollars (36 billion euros) to commercial banks in what has become a regular effort to keep cash flowing on distressed interbank money markets.

FRANKFURT, Oct 3, 2008 (AFP) - The European Central Bank on Friday offered 50 billion dollars (36 billion euros) to commercial banks to get them through the weekend as it tries to keep cash flowing on distressed money markets.

A longer, 85-day operation, made another 20 billion dollars available from Thursday to those eurozone banks that need the US currency to cover their needs.

FRANKFURT, Oct 2, 2008 (AFP) - The global banking crisis and weak economic growth have increased the pressure on the European Central Bank to cut interest rates but it will likely opt for no change again on Thursday, economists say.

FRANKFURT, Oct 2, 2008 (AFP) - The European Central Bank (ECB) renewed on Wednesday one-day loans of 50 billion dollars (35 billion euros), in what has become a regular effort to keep cash flowing on distressed interbank money markets.

The results of the offer, including demand and the rate at which the dollars are lent, were to be released later in the day.

FRANKFURT, Oct 2, 2008 (AFP) - The European Central Bank (ECB) renewed on Thursday one-day loans of 50 billion dollars (35 billion euros), in what has become a regular effort to keep cash flowing on distressed interbank money markets.

FRANKFURT, Oct 2, 2008 (AFP) - The global banking crisis and weak economic growth raised pressure on the European Central Bank to cut interest rates when it met on Thursday but economists said it would probably opt for no change again.

LONDON, Oct 2, 2008 (AFP) - The euro fell to a 13-month low against the dollar Thursday after European Central Bank head Jean-Claude Trichet voiced concern about eurozone growth and said inflationary pressures were easing.

The single European currency fell to 1.3748 dollars, its lowest level since September 7, 2007, from 1.4009 dollars late Wednesday in New York.

FRANKFURT, Oct 2, 2008 (AFP) - European Central Bank president Jean-Claude Trichet said Thursday the ECB had considered a cut in interest rates amid an 'extraordinarily high level of uncertainty' on the financial markets.

'We have examined two options,' Trichet told a press conference in Frankfurt after the bank left its main lending rate unchanged at 4.25 percent.

FRANKFURT, Oct 2, 2008 (AFP) - The European Central Bank (ECB) on Thursday renewed one-day loans to stressed money markets of 50 billion dollars (35 billion euros) in what has become a regular effort to keep credit flowing.

FRANKFURT, Oct 2, 2008 (AFP) - European Central Bank president Jean-Claude Trichet said the ECB Thursday had considered cutting interest rates, signalling a sharp change of course amid unprecedented turmoil on global markets.

'We have examined two options,' Trichet told a press conference in Frankfurt after the bank left its main lending rate unchanged at 4.25 percent.

FRANKFURT, Oct 2, 2008 (AFP) - European Central Bank president Jean-Claude Trichet said the ECB had considered cutting interest rates Thursday, signalling a sharp change of course amid unprecedented turmoil on global markets.

'We have examined two options,' Trichet told a press conference in Frankfurt after the bank left its main lending rate unchanged at 4.25 percent.

PARIS, Oct 2, 2008 (AFP) - The financial crisis has brought the world to an extraordinary level of uncertainty and governments must respond with equally unprecedented measures, the European Central Bank president said Thursday

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