Germany’s hawkish Bundesbank has changed its tune on salary increases, urging unions to be more – not less – ambitious in looming pay talks, to help combat the risk of deflation in the euro zone. Photograph: AP

Germany’s hawkish Bundesbank has changed its tune on salary increases, urging unions to be more – not less – ambitious in looming pay talks, to hel(...)

Bundesbank chief Jens Weidmann cited a litany of long-term dangers from easy money after the ECB cut interest rates to record lows last month

Germany’s finance minister and central bank chief on Friday pressed euro zone governments to pass reforms to shape up their economies rather than rely(...)

Italian prime minister Matteo Renzi (centre) with European Commission president José Manuel Barroso (left) and members of the EU commission following a meeting in Rome yesterday. Photograph: Remo Casilli/Reuters

Italian prime minister Matteo Renzi has criticised the head of the German central bank, Jens Weidmann, saying the Bundesbank should not get involved i(...)

I admire the Bank for International Settlements. It takes courage to accuse its owners – the world’s main central banks – of incompetence. Yet this is(...)

Jens Weidmann has warned the European Central Bank against buying securitised debt. Photo: Reuters

Germany’s top central banker has warned the European Central Bank against buying securitised debt, saying that such a move could turn it into the bad(...)

Jens Weidmann: “We wrangled long and hard about the shape of the measures. It was certainly not an easy decision.” Photograph: Andrew Harrer/Bloomberg

European Central Bank governing council member Jens Weidmann said there had been tough wrangling within the ECB before the decision to ease monetary p(...)

Visitors pass Germany’s national flag as they walk around the dome of the German parliament building, or Reichstag, in Berlin. The Bundesbank has raise its growth forecasts for Germany for the coming years

Germany’s Bundesbank raised its growth forecasts for the euro zone’s largest economy this year on Friday, highlighting the increasing divergence betwe(...)

Finnish vice-president of the European Commission Olli Rehn is one of six commissioners standing down from their duties early to contest the European elections. Photograph: Mikko Stig/Lehtikuva/Reuters

MEPs gathered in Strasbourg this week for the final plenary session of the current term of the European Parliament before hurrying back to thei(...)

Mario Draghi, president of the European Central Bank. Photograph: Epa/Michael Reynolds

CLAIRE JONES Mario Draghi has signalled that the European Central Bank is getting ready to unleash a new unconvention(...)

The question of how long the Central Bank would hold the bonds was always a key aspect of the deal. Photograph: Getty

Fourteen months ago, the Government hailed the deal on the Anglo Irish promissory notes as a game changer for Ireland, one that could save the (...)