A graffiti entitled ‘Money kills Morals’ adorns the construction site fence at the new headquarters of the European Central Bank in Frankfurt Main. EPA/BORIS ROESSLER

Europe’s banking union will be unable to cope with systemic crises in the euro zone, a senior German economist has warned, unless the winding-up of f(...)

The European Commission has always been on the side of Ireland and will continue to stand by Ireland even now after it has exited the bailout programme, European Commission President, Jose Manuel Barroso said tonight

The European Commission has always been on the side of Ireland and will continue to stand by Ireland even now after it has exited the bailout progr(...)

Minister for Finance Michael Noonan told a conference on the future of European banking that ‘external prospects are at their most benign for Ireland for a number of years’. Photograph: Francois Lenoir/Reuters

Minister for Finance Michael Noonan said today the results of the recently-concluded asset review tests on Irish banks contained “no great surprises”(...)

Mario Draghi, president of the European Central Bank (ECB). Photograph: Sean Gallup/Getty Images.

The European Central Bank is ready to take fresh action when needed but its monetary policy cannot create real economic growth, which governments need(...)

Michael Noonan, Minister for Finance, with his Portuguese counterpart Vitor Gaspar,  at the informal meeting of Ecofin ministers at Dublin Castle yesterday. Photograph: Alan Betson

EU finance ministers agreed in December to create a single supervision mechanism (SSM) for euro zone banks, which would see national sup(...)