Germany’s constitutional court will refer a complaint against the ECB’s flagship bond-buying scheme to the European Court of Justice. photograph: sascha schuermann/afp/getty images

There was a distinct whiff of sour grapes about last week’s ruling from Germany’s constitutional court in Karlsruhe. The scarlet-robed judges w(...)

Daniele Nouy is to take over as chair of the ECB supervisory board. The board will be the focus of much attention  over the next few months. Photograph: AFP/Getty Images

Manufacturing activity in the euro zone rose again last month, easing pressure on the European Central Bank to tamper with the main deposit interest r(...)

Sabine Lautenschlaeger: displayed a certain hawkishness on of low interest rates

The European Parliament is expected to rule today on the appointment of the first woman to the executive board of the European Central Bank. The candi(...)

I was talking just before Christmas to a young man who sells shoes in a department store in Dublin. He told me that a television news crew had filmed (...)

Dr Merkel visibly enjoyed announcing that  her defence minister Ursula von der Leyen is  the first woman to enter the last male holdout of German politics.  Photograph: Kai Pfaffenbach/Reuters

German finance minister Wolfgang Schäuble has said Europe should expect no dramatic changes in EU policy in Chancellor Angela Merkel’s third term.Afte(...)

A trader passes the Dax index curve at the Frankfurt Stock Exchange on Monday, November 22nd, 2010 after Ireland’s bailout failed to assuage concern that the region’s debt crisis may spread.

On November 14th Michael Noonan arrived at the Justus Lipsius building in Brussels to face a crowd of journalists. A few hours previously, an emergenc(...)

Jörg Asmussen, a member of the ECB’s executive board and one of the prime figures in the troika’s management of Ireland’s bailout, answers questions about the Outright Monetary Transactions initiative. Photograph: Ralph Orlowski/Reuters

Minister for Finance Michael Noonan said last week that the decision to leave the bailout without a credit line meant Ireland was neither at an advant(...)

A Berliner at the launch of the euro in 2002. Many in Germany might conclude that they would be better off outside the euro zone.

The monetary policy of the European Central Bank has been too tight. This is shown in the fall of core annual inflation to just 0.8 per cent in the ye(...)

Minister for Finance Michael Noonan: “We [are] still in a position to negotiate support from Europe so our debt can move down towards the European average.” Photograph: Eric Luke

Ireland will continue to campaign for retrospective direct recapitalisation of its banks by the ESM fund despite continuing German opposition to the m(...)

Internal markets commissioner Michel Barnier said the agreement heralded a new era for the supervision of euro zone banks, and thanked the Irish, Lithuanian and Cypriot presidencies for their work on the legislation.

European leaders will call for swift progress on banking union at next week’s summit of leaders in Brussels, after two days of talks between finance m(...)