Central European Time on Thursday, which would be 7 p.m.
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Central European time from Manching Air Base and climbed to a ceiling of 54, 000 feet within military controlled airspace, far above and at a safe distance from civilian air traffic.
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It would see clocks move forward by an hour from GMT in the winter and a further hour in the summer, to match Central European Time, meaning lighter nights but darker mornings.
Yet anyone hoping to gain an appreciation of the currents coursing through Central European cinema during this fecund time will find them essential viewing.
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But in the eight central European countries that joined the European Union in May 2004, this is a time of optimism.
Overnight deposits at the European Central Bank reached an all-time high, suggesting banks remain more willing to park money at the ECB than to lend to other banks.
At the same time, the European Central Bank agreed to exchange Greek government bonds it bought on the secondary market for less than their face value, provided the debt-restructuring talks succeed, according to people briefed on the negotiations.
Traders and investors are awaiting the September 6 monthly press conference of European Central Bank president Draghi, at which time he is expected to unveil some new initiatives to support financially troubled EU countries.
For the first time in 10 months the European Central Bank has cut its main interest rate, from 0.75% to 0.50%.
And also on the side, is there a reaction of the U.S. for the European Central Bank that has capped for the first time in a while its interest rates?
Forecast-busting German producer price inflation further cemented market expectations that the European Central Bank would not be cutting interest rates any time soon.
The European Central Bank cut key interest rates to an all-time low of 0.50% on Thursday.
He said that by the European Union, and the European Central Bank taking these actions, it would provide some time to help the governments of Europe come up with a solution.
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The European Central Bank, he said, had performed "heroically" in buying time for the eurozone's governments.
Despite personal links to the area, she is regarded as an outsider: her father, Jacques Delors, one-time head of the European Commission, is from the Massif Central.
Corporate bank borrowers such as Credit Agricole, BNP Paribas and Societe Generale were given more time, after a lifeline was thrown to them by the European Central Bank when it flushed liquidity into the system on Dec. 21.
For what seems to be the first time since the days following Sept. 11, 2001, the European Central Bank has felt compelled to supply extra cash to the Continental banking system to calm market fears.
Wim Duisengerg, president of the European Central Bank, said there was insufficient data to justify a cut in rates at the present time.
The greenback is likely to see more selling pressure in the near term amid better economic data coming out of the European Union at the same time weak data comes out of the U.S. There are now notions the European Central Bank will raise interest rates soon, which would be another bearish blow to the U.S. dollar index and boost for the Euro currency.
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Meanwhile, the European Central Bank gave its strongest hint yet that on December 1st it will raise its interest rate for the first time in five years.
The last time Mark and I had visited Ireland was on the eve of the adoption of the new European Central Bank and the common currency, the Euro.
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