David McHugh

Read the latest stories and analysis from David McHugh.

Opel outlines plan to revamp German plants

David McHugh · June 13, 2012 6:06 pm

FILE - In this May 31, 2012 file picture President of the European Central Bank Mario Draghi reports to the Economic Committee, in capacity as the head of the European Systemic Risk Board, at the European Parliament in Brussels. The European central Bank's 23-member governing council meets Wednesday June 6, 2012. No cut is expected in its benchmark interest rate, which has already been lowered to a record low 1 percent. Draghi wants politicians such as Germanyâs Chancellor Angela Merkel, French President Francois Hollande and European Commmission President Jose Manuel Barroso to come together on far-reaching and potentially controversial action to fix whatâs really wrong with the euro at a summit June 28-29 in Brussels. Then, analysts say, more help might be forthcoming. (AP Photo/Yves Logghe)

ECB holds off to force politicians’ hand in crisis

David McHugh · June 5, 2012 5:39 pm