Craig Beaumont, IMF mission chief to Ireland: “In future, if warranted by financial stability risks, the Central Bank should deploy macroprudential tools to preserve the resilience of the financial sector.”  Photograph: Dara Mac Donaill/The Irish Times

Report welcomes Central Bank action but highlights spike in commercial sector

Supply and demand: precise loan-to-value limits  on bank loans for property purchases are to be applied as and from now.  Photograph: Aidan Crawley

With immediate limits on credit excess, the loan caps aim to steady the market

The Central Bank. The IMF has reservations about proposals to phase in the Central Bank requirement for a 20 per cent deposit for residential mortgages.

Fund also says State should look at universal welfare entitlements

Lightning strikes over buildings at central Syntagma square during heavy rainfall in Athens  on Monday. Photograph: Marko Djurica/Reuters

Euro zone officials indicate the best Tsipras can angle for is an easing of loan conditions

The Information Commissioner has refused a Freedom of Information appeal by The Irish Times for official records on the liquidation of Irish Bank Resolution Corporation, the former Anglo Irish Bank. Photograph: Alan Betson

‘Irish Times’ sought reports to Minister on termination of IBRC

An inflated Euro sign sits in front of the European Central Bank in Frankfurt. Photograph: EPA/Arne Dedert

European shares deliver their biggest weekly gains in more than three years

Mario Draghi, President of the European Central Bank.  The European Central Bank will purchase 60 bn euros of bonds per month until end September 2016, Draghi announced. Photograph: Daniel Roland/AFP/Getty Images

Might of ECB has unleashed Quantitative Easing to fight deflationary spiral

The belated new plan must be seen through the prism of the ECB’s habitual reluctance to engage in such policies and the inevitability of friction with the economic establishment in Germany.  Photograph: Getty Images

Arthur Beesley: Decisive turnaround in euro zone needed to reinforce domestic recovery

ECB chief Mario Draghi said the intervention would continue “until we see a sustained adjustment in the path of inflation which is consistent with our aim”. Photograph: Michael Probst/AP

Quantitative easing expected to benefit Irish exports and tourism and bring more lending

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