Mario Draghi said that the ECB must move quickly to increase inflation in the euro zone. Photograph: AP Photo/Michael Probst

European markets were lifted by the developments in Europe and China as the Dax in Frankfurt and the Cac40 in Paris were both up by nearly 3 per cent(...)

Mario Draghi, President of the European Central Bank (ECB), says it must drive inflation higher quickly, and will broaden asset-purchase program if needed. Photograph: EPA

Mario Draghi said the European Central Bank must drive inflation higher quickly, and will broaden its asset-purchase program if needed to achieve that(...)

Bookmaker Paddy Power closed up 3.1 per cent at €62.35 after it raised its earnings guidance for this year by 3 to 4 per cent. Photograph: Paul Sherwood

European stocks rose for a second day as a report showed German investor confidence advanced for the first time this year. The Stoxx Europe 600 Index (...)

European Central Bank (ECB) president Mario Draghi said today that when the controversial ’Trichet’ letters were sent, the ECB was providing liquidity to the Irish banking system equivalent to 85 per cent of Irish GDP.  Photograph: Eric Vidal/Reuters

European Central Bank (ECB) president Mario Draghi has said the ECB will not formally participate in the Oireachtas Banking Inquiry, as he defended th(...)

Brian Hayes: there “seems to be a lack of understanding on the part of the ECB as to the specific nature of tracker mortgages and the number of them on the books of Irish banks”

MEP for Dublin Brian Hayes has disputed Central Bank figures for Irish mortgage rates and plans to raise the matter with the European Central Bank, w(...)

 Goldman Sachs partners typically earn a base salary of about $900,000
Photograph: Bloomberg

Irishmen Fergal O’Driscoll and Colin Ryan have joined 76 other employees in being inducted into the elite partnership of the global investment bank Go(...)

ECB president Mario Draghi said bank would keep interest rates low and stood ready to take additional unconventional policy actions if inflation expectations did not pick up. Photo: Bloomberg

A large group of professional forecasters cut their outlook for euro zone inflation and growth, underlining a trend that could prompt the European Cen(...)

Brian Hayes, MEP and member of the Enonomic and Monetary Affairs Committee, speaking at the Banking & Payments Federation Ireland National Conference, at the Radisson Blu Hotel in Dublin this morning. Photograph: Dara Mac Dónaill/The Irish Times

Irish MEP and former Government minister Brian Hayes said today the Central Bank’s plan to require borrowers to have a 20 per cent deposit to get a ho(...)

 President of the European Central Bank Mario Draghi: The main message is that our balance sheet will keep expanding in the coming months. Photograph: Kai Pfaffenbach/Reuters

The European Central Bank is ready to inject up to €1 trillion of new liquidity into the euro zone economy as it ramps up efforts to rescue the single(...)

Jean-Claude Trichet, left, former president of the European Central Bank, hands over a bell to his successor, Mario Draghi, during a farewell celebration for Trichet in Frankfurt in 2011.  Photograph: Ralph Orlowski/Getty Images.

Fianna Fáil finance spokesman Michael McGrath has said the Government could use the so-called Trichet letter for “leverage” but prefers to use it as a(...)