Brian Hayes MEP: Central Bank is “behind the curve” in dealing with interest-only mortgage customers. Photograph: Eric Luke

Fine Gael MEP Brian Hayes MEP has called on the Central Bank of Ireland to develop a code of practice for domestic banks on how they should deal wi(...)

Mortgage lending is being hampered by the Central Bank’s new lending rules as well as excessive stress testing a mortgage broker says.

Ireland’s mortgage market is “dysfunctional” and is preventing demand for home purchases from being met, a mortgage expert said on Monday. Michael Do(...)

Spanish bullfighter Rafaelillo is tossed by a bull  at La Misericordia bullring in Zaragoza, Spain. Photograph: EPA/Javier Cebollada

Three Fine Gael MEPs voted against European Parliament legislation that could cripple Spanish bullfighting, saying a ban on the sport is a matter f(...)

A draft of the proposal seen by the Irish Times shows that a key plank of the Commission’s capital markets union is the creation of a single securitisation market

SMEs and the Irish financial services industry are expected to benefit from a new EU proposal designed to wean businesses off traditional bank financi(...)

European Commission president Jean-Claude Juncker. He will be questioned at a hearing in Brussels. Photograph: AP Photo/Christian Lutz

Lobbyists representing internet company Facebook could be banned from entering the European Parliament following a request by the parliament’s special(...)

Brian Hayes MEP

Reforms suggested by Irish MEP Brian Hayes to address the pensions time bomb in the EU will be examined in the European Parliament tomorrow. Last ye(...)

European Central Bank (ECB) president Mario Draghi

European Central Bank president Mario Draghi has agreed to address MEPs on the Irish bailout in November, as part of a compromise agreed between the E(...)

Brian Hayes: had suggested to Marco Buti that the ECB could use its asset-backed securities programme as a vehicle to take tracker loans from the Irish banks onto its books

Squeezing mortgage interest rates through “political pressure” could undermine the progress made by Ireland towards “healing the domestic financial sy(...)

Brian Hayes:  “If we are looking at 3 per cent growth per year, that’s 15 per cent over a five-year term.” It’s actually more like 16 per cent, when you compound the growth rate. Photograph: Aidan Crawley

Brian Hayes, the Fine Gael MEP and former junior finance minister, would probably ace the Leaving Certificate honours maths paper. But everyone slips(...)

Brian Hayes: “campaigns have their own dynamic”, with significant shifts taking place in the final week to 10 days

An election statement of common aims between Fine Gael and Labour on issues such as tax and health would only need to be unveiled a month from polling(...)