Mario Draghi: “address the underlying cause”. Photograph: Ralph Orlowski/Reuters

Mario Draghi has hit back against German criticism of the European Central Bank’s interest rate policy, saying low borrowing costs were symptomatic of(...)

Bank of Scotland left the Irish market in 2010 and still has about 30,000 mortgage accounts here

Bank of Scotland has apologised for sending out letters this month to some 200 mortgage customers in Ireland incorrectly informing them that their a(...)

On a year-on-year basis, euro zone GDP rose 1.6 per cent in the first quarter

The euro zone economy accelerated more than expected in the first quarter, preliminary data showed on Friday, but consumer prices also dropped by more(...)

MEPS have told Mario Draghi that Irish banks are overcharging their customers. Photograph: EPA

Irish MEPs have written to European Central Bank president Mario Draghi urging the ECB chief to open an investigation into Irish variable mortgage rat(...)

The Central Bank has paid almost €1.8 billion to the exchequer, after increasing profits to €2.24 billion last year, according to its annual report, u(...)

Wall Street stocks were little changed on Thursday evening after a raft of mixed quarterly earnings and the slide in oil prices kept investors on the sidelines.

European shares fell slightly on Thursday after the European Central Bank kept rates unchanged, with Swedish telecom equipment maker Ericsson and Fren(...)

European Central Bank president Mario Draghi attends a news conference at the ECB headquarters in Frankfurt, Germany on Thursday. Photograph; Reuters

The European Central Bank said it plans to start buying corporate bonds in June as it unveiled more details of its purchase programme.The bank will st(...)

European Central Bank president Mario Draghi

ECB president Mario Draghi is likely to drive home the case for ultra-loose monetary policy on Thursday, hitting back at a barrage of criticism in Ger(...)

Brian Hayes: he noted that the bank could be fined 10% of its annual turnover by the SSM if it fails to comply with ECB legal acts

Irish MEP Brian Hayes has asked the Single Supervisory Mechanism (SSM) in Frankfurt to clarify if it is investigating a complaint from a whistleblowe(...)

A net 4 per cent of banks surveyed by the ECB reported a tightening of their internal guidelines as to who should get loans for house purchases

Euro zone banks tightened their standards for granting home mortgages and expect to continue to do so this quarter, a European Central Bank survey sho(...)