Minister for Finance Michael Noonan said the Central Bank is independent under the statute covering the European System of Central Banks. Photographer: Frantzesco Kangaris/Bloomberg

Minister for Finance Michael Noonan has said the Central Bank of Ireland did not seek his permission to issue retention payments to staff. T(...)

Oireachtas Banking Inquiry: Reprt was not fit for purpose, according to many of the 11 committee members, who wanted to rip it up and start again.

“The real strength of the inquiry is its ability not just to look at one document in isolation but to draw together the different strands from various(...)

Lars Himmer, managing director of Volkswagen Ireland, outlined sales procedures for new and used cars caught up in the scandal. Photograph:  Dara Mac Dónaill

Volkswagen Group Ireland has warned its dealers that failure to notify affected car buyers about the CO2 emissions scandal “increases the risk of cri(...)

Social Democrats TD Catherine Murphy questioned whether advice to Ministers on the sharing of citizens’ data was “flawed”. Photograph: Alan Betson/The Irish Times

The Government is not compliant with a recent significant ruling by Europe’s top court that affects the sharing of citizens’ personal data between dep(...)

Brendan Howlin: Minister for Public Expenditure  denied it would be a waste of money if the inquiry could not report. ‘In many ways it was a pathfinder of a committee on how we go about Oireachtas inquiries,’ he said. Photograph: Eric Luke/The Irish Times

Members of the Oireachtas banking inquiry believe there is a strong chance the committee will fail to produce a final report. The committee will today(...)

Michael Noonan and Spain’s Luis de Guindos talking at a euro zone finance ministers meeting in Brussels on Monday.  Photograph: François Lenoir/Reuters

Minister for Finance Michael Noonan has said he now expects the European Commission to deliver its verdict on its ongoing investigation into Ireland’s(...)

Taoiseach Enda Kenny during the Global Irish Economic Forum at Dublin Castle. Photograph: Brenda Fitzsimons/The Irish Times

Fine Gael is to promise voters it will further reduce the main rate of the universal social charge in its first budget if returned to office after (...)

A Belgian police officer and soldiers on  duty inside the Galerie de la Reine in Brussels, Belgium. Photograph: Stephanie Lecocq/EPA

Brussels faces its third day of a major security lockdown as police arrested 16 people last night in Belgium, in the wake of the terrorist attacks (...)

Draft report of the banking inquiry described as “not fit for purpose”.

At weekends, Government buildings are usually as silent and deserted as the Overlook Hotel in the film The Shining. But one such building, Agricultur(...)

A gamble on AIB that may pay off

Once Ireland’s largest bank, AIB was one of the biggest casualties of the financial crash. It was rescued by the State, which invested €20.8 billion b(...)