European Central Bank president Mario Draghi. ‘Draghi may be like Napoleon’s favourite general: lucky.’ Photograph: Michael Probst/AP Photo

Quantitative easing has quickly become one of those strange phenomena about which everyone professes expertise but, in reality, nobody understands.(...)

German chancellor Angela Merkel: underlined the link between further solidarity for Greece with Athens ‘continuing to show responsibility for itself’. Photograph: Sean Gallup/Getty Images

In November 2011 an ally of Chancellor Angela Merkel raised hackles for claiming Europe, having swallowed Berlin’s crisis remedy, “now speaks Germa(...)

A German flag flies in front of the Bundesbank headquarters in Frankfurt. Photographer: Ralph Orlowski/Bloomberg

While Saudi Arabia lamented the passing of King Abdullah yesterday, Germany was busy burying its last illusions about the European Central Bank. Afte(...)

Bundesbank chief Jens Weidmann: not expected to vote in favour of an ECB quantative easing programme. Photograph: Kai Pfaffenbach/Reuters

European Central Bank governors meet on Thursday as expectations intensify that the bank will initiate a big bond-buying campaign to avert deflatio(...)

The headquarters of the ECB in Frankfurt. Ireland has a potential to be the fastest growing euro zone country in 2015, Mr Coeuré

Edited transcript of interview with Benoît Cœuré, member of the executive board of the ECB, conducted by Arthur Beesley on January 12th, published on (...)

A 500 Mark note printed during the Weimar Republic.

The European Central Bank faces another moment of truth as its governors debate whether to buy up the sovereign bonds of euro zone countries to avert (...)

Mario Draghi has dismissed speculation that he could leave Frankfurt and return to Rome as successor to departing Italian president, Giorgio Napolitano

ECB president Mario Draghi has hit out at the many German critics of his bank’s monetary policy and denied rumours he will depart Frankfurt to beco(...)

Mario Draghi’s latest efforts to save the euro zone economy will soon be tested

Not for the first time, the public element of the ECB’s debate over the next phase of its long campaign to stabilise the fragile euro zone economy is (...)

German Bundesbank president Jens Weidmann: argued “it is fanciful to believe that monetary policy tools can sustainably lift the growth potential of an economy”. Photograph: Krisztian Bocsi/Bloomberg

In 2014, we have commemorated the 100th anniversary of the start of first World War and the 25th anniversary of the fall of the Berlin Wall. The fo(...)

The Bundestag in Berlin. The bank has cut its prediction for 2014 growth to 1.4 per cent from 1.9 per cent in June

Germany’s Bundesbank halved its 2015 growth forecast for Europe’s largest economy on Friday and also trimmed its estimate for this year, though its pr(...)