Chancellor Merkel sees this as an important lever of control over the zone's banks, and she will argue that gives her room to manoeuvre.
With gross domestic product still 3% below its peak, growth flat over the past year and the economy having under-performed even the euro zone over the past five years despite the benefits of a substantial devaluation and a massive program of quantitative easing, many believe that BOE obstinacy has held back the recovery.
Mr Trichet presides over a currency zone more diverse than America's, but without the fiscal stabilisers that help smooth over regional variations.
There is now a no-fly zone over downtown Chicago ordered by the Federal Aviation Administration.
Security Council to enforce a no-fly zone over Libya, whose membership it had suspended.
Among other things, she did not rule out the imposition of a no-fly zone over Syria.
The U.S. and its allies for years operated a no-fly zone over northern and southern Iraq.
The union has also called for a no-fly zone over Somalia and a blockade of its ports.
Our allies and partners are enforcing the no fly zone over Libya and the arms embargo at sea.
His play-it-safe posture reflects the company's worries over the euro zone's debt crisis which has clouded the global economic outlook.
Washington wants France, Britain, Canada and other coalition partners to take responsibility for day-to-day enforcement of the no-fly zone over Libya.
He also described the prime minister's suggestion that the UK is planning for a no-fly zone over the country as "overblown".
At one point, it announced its own no-fly zone over the city.
The RAF is also continuing to enforce the no-fly zone over Libya.
The RAF has agreed to enforce a temporary no-fly zone over the Farne Islands, off Northumberland, to protect a colony of breeding seabirds.
If the rally stalls near current levels, a setback into this support zone over the near term should set up a new buying opportunity.
Europe-focused exporters were under pressure in Asia as investors continued to fret over euro-zone debt problems, with sentiment cautious before the Spanish debt sale.
But the pall of an unsolved Greek mess will continue to hang over the euro zone, just as it has done for the past year.
Libya accepted a UN Resolution to impose a no fly zone over the country and will implement a cease fire between the army and anti-Moammar Gadhafi militias.
Asia stocks closed deep in the red, while U.S. stocks traded lower on Wall Street, as fresh housing data failed to offset worries over the euro zone.
France protested by pulling its aircraft out of the force that has been patrolling the no-fly zone over southern Iraq (it had earlier withdrawn from the northern patrol).
The bank's first-quarter earnings were better than expected, rebounding from the last three months of 2011, when investors were having an acute bout of anxiety over the euro zone.
The markets made a bit of a recovery from the lows of the day but remained in negative territory amid lackluster economic data and ongoing concerns over the euro zone.
The more Turkey gets involved, the more comfortable the Americans feel about using Incirlik, the air base from where they, Britain and Turkey enforce a no-fly zone over northern Iraq.
At the end of the debate, MPs voted to back the use of UK armed forces to enforce a no-fly zone over Libya by 557 to 13, a majority of 544.
So, despite the improvement in the Japan situation on Friday and the declaration of a no-fly zone over Libya, traders decided to avoid the potential headline risk and went back to risk-off mode into the close.
"This could reflect some increase in risk tolerance with more positive investor sentiment generally in response to reduced uncertainties over the euro zone, " says Peter Damesick, chairman of research in Europe, the Middle East and Africa for CBRE.
He will preside over both sets of meetings, though the French do not want this to be a precedent: a future president of the European Council just might hail from a non-euro country, and, horror, preside over euro-zone business.
ECONOMIST: How a skewed Franco-German partnership upsets the euro
Draghi added that the central bank had looked at consumer price inflation in the euro zone over two to five years in order to make the decision, and the rate hike had also been a response to lower purchasing power.
While most of the freight will have been flown straight on from last weekend's season-opener in Qatar, the cloud of ash has created a no-fly zone over much of northern and central Europe and made it impossible for many team personnel to reach Japan.
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