"I am very concerned about the European economy," European Central Bank policymaker Mário Centeno told CNBC's "Squawk Box Europe" on Friday. The ECB on Thursday took down its gross domestic product expectations for the euro area.

The ECB has cut by 25bp, and Europe is awash with the narrative of fiscal expansion leaving less room (or need) for monetary stimulus.

Inflation in Europe eased to an annual 2.4% in February, supporting the case for another interest rate cut from the European Central Bank — but leaving open how far the central bank will go in lowering borrowing costs for an economy that’s still struggling to show robust growth.

The increasingly strained relationship between the US and Europe is strengthening the case for the growth of a homegrown European rating agency. Scope Ratings, based in Germany, is poised to take a bigger role in the bond market as the only European rating agency so far approved for use by the European Central Bank.

The European Central Bank's payments crash last week meant salaries and welfare funds were delayed for thousands of people. It could have been much worse.

"I am very concerned about the European economy," European Central Bank policymaker Mário Centeno told CNBC's "Squawk Box Europe" on Friday. The ECB on Thursday took down its gross domestic product expectations for the euro area.

EUROPEAN shares pared declines to close flat on Thursday, after the European Central Bank’s interest rate cut boosted bank stocks, offsetting pressures from rising long-term bond yields. Read more at The Business Times.

The ECB cut rates by a quarter point, aiming to buffer an economy threatened by tariffs and a sudden need to ramp up military spending.

FRANKFURT (Reuters) -Banks struggled to process payments on Friday after an unprecedented day-long breakdown in the European Central Bank's machine underpinning trillions of euros of money movements.

European Central Bank officials are bracing for tough negotiations over whether to cut interest rates further or hold fire when they next set borrowing costs in April, according to people familiar with their thinking.