Sinking prices combined with stubbornly high unemployment led the European Central Bank president Mario Draghi to announce a €1.1 trillion stimulus plan last week that centered on government-bond purchases. (Photograph: Martin Leissl/Bloomberg)

Consumer prices fell more than economists forecast in January, underlining the challenges Mario Draghi faces as he seeks to stave off a deflationary (...)

 Mark Carney, Bank of England governor, said ‘timidity has costs’ Photograph: Alan Betson / The Irish Times

Bank of England governor Mark Carney has urged the euro zone to take the controversial step of turning its currency area into a fiscal union in order(...)

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.(...)

Traders work at their screens in front of the German share price index DAX board at the stock exchange in Frankfurt yesterday. Photograph: Pawel Kopczynski/Reuters

Markets rose amid hopes that the European Central Bank’s (ECB) €1.14 trillion stimulus plans will spark economic growth in the region.Analysts said t(...)

Taoiseach Enda Kenny  hosted a dinner with the IDA for more than 40 business executives at a Davos hotel last night. Photograph: Laurent Gillieron/EPA

Taoiseach Enda Kenny says there will be no change to the current cap on bankers’ pay, following the resignation of David Duffy as chief executive of A(...)

The euro was on track to end lower for a sixth straight week. It has dropped roughly 9 per cent in the past six weeks, its worst performance since mid-2010

Stocks and bonds surged worldwide and the euro sank to an 11- year-low on Friday, the day after the European Central Bank announced a quantitative eas(...)

Angela Merkel, Germany’s chancellor, speaks during a session on day two of the World Economic Forum (WEF) in Davos, Switzerland. Photograph: Jason Alden/Bloomberg
Onstage clash of titans at Davos

Timing is everything in politics and it sometimes is a case of knowing when to leave the stage. The scheduling of Angela Merkel’s set piece at Davos t(...)

Taoiseach Enda Kenny has informed the Oireachtas Banking Inquiry  that former ECB president Jean Claude Trichet is willing to examine a number of options that could allow him to provide the committee with information it is seeking from the bank in relation to development around the time of  the State’s financial collapse.  Photographer: Dara Mac Dónaill/The Irish Times.

The Oireachtas banking inquiry may yet have an opportunity to hear the views of the European Central Bank on the State’s financial crisis. Taoiseach E(...)

European Central Bank president Mario Draghi said 20 per cent of the asset purchases would be subject to risk-sharing. Photograph: Reuters

European government borrowing rates plummeted to record lows, the euro weakened to an 11-year low against the dollar and stock markets rallied after t(...)

ECB president Mario Draghi is due to announce a programme of money printing to buy sovereign bonds - so-called quantitative easing (QE)

The European Central Bank kept interest rates unchanged at record lows and said President Mario Draghi will announce further policy measures at a med(...)