German airline Lufthansa passenger planes on the tarmac at Frankfurt. Photograph: Boris Roessler/EPA

German investor confidence dropped to the weakest in 21 months amid increasing political tension in Europe, even as the European Central Bank steps up(...)

Mario Draghi: Several commentators said his action  postpones a divisive debate about launching an all-out programme to buy government bonds or quantitative easing. Photograph: EPA/Frank Rumpenhorst

Irish bond yields sank to fresh lows yesterday as global markets digested the impact of Europe’s latest monetary stimulus. The European Central Bank’s(...)

Mortgage holders got a boost yesterday, when the European Central Bank cut interest rates to a record low of 0.05 per cent in an effort to kick-start the ailing euro zone economy. Photograph: Getty

Mortgage holders got a boost yesterday, when the European Central Bank cut interest rates to a record low of 0.05 per cent in an effort to kick-start (...)

Brian Hayes MEP:  agitated about the Republic’s potential loss of its franchise at  the governing council of the ECB. Photograph: Alan Betson

Newly-minted MEP Brian Hayes became agitated at the weekend about the Republic’s potential loss of its franchise at the euro zone’s top interest-rate-(...)

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(...)