A trader looks at screens at a bank in Lisbon . Photograph: Hugo Correia/Reuters

Bubble spotting is a favourite activity of market commentators. A real estate bubble is thought to be popping in China and another property bubble is (...)

Jean-Claude Trichet, former president of the European Central Bank, has refused to attend the planned Oireachtas banking inquiry

The refusal of former head of the European Central Bank Jean-Claude Trichet to attend the planned Oireachtas banking inquiry has been described as “ar(...)

European Central Bank president Mario Draghi (above) and his predecessor, Jean Claude Trichet, were, in 2006, advisers to the International Accounting Standards Board, the architects behind the accounting rules that determine how European banks account for non-performing loans. Photographer: Ralph Orlowski/Bloomberg

The International Monetary Fund’s Global Financial Stability (...)

European Central Bank president Mario Draghi is taking aim at the euro. In his strongest words yet on the currency’s advance to its highest lev(...)

Ombudsman Emily O’Reilly claims  ECB blocked disclosure of letter that bounced Ireland into taking bailout in 2010.

The European Ombudsman Emily O’Reilly has said the European Central Bank has “wasted an opportunity for openness and transparency” by refusing the (...)

European Central Bank (ECB) president Mario Draghi is expected to hold off on cutting interest rates. Photograph: Francois Lenoir/Reuters

The European Central Bank decided not to take any action at its meeting today because economic and monetary conditions h(...)

Wolfgang Schäuble: predicted disaster for the United States

We’ve been living, over the past five years, through a giant open-air experiment. Two vast economic blocs, the European Union and the United St(...)

The ECB rescued the European project by dint of one little phrase – Mario Draghi’s promise to do “whatever it takes” to save the euro. Photograph: Chris Ratcliffe/Bloomberg

One of the more pithy critiques of the 1998 Belfast Agreement was the assertion by SDLP deputy leader Séamus Mallon that it was, in effect, Sunningdal(...)

Who runs Ireland?

THE POLITICIANS ENDA KENNY Taoiseach Kenny holds the most powerful political position in the land. He is chief of the Cabinet, has the f(...)

Willem Buiter: “Ireland took one for the team because Europe decided it was not ready  to handle the contagion effects. It was not in the Irish national interest to do that.”

Ireland should withhold support for a new euro-area bank resolution authority until it gets a deal on its legacy bank debt, Citigroup economist Wil(...)