Has the Central Bank hit the target in its trawl for a new chief economist?This week, it announced it has hired Gabriel Fagan from the ECB to take cha(...)

Germany’s hawkish Bundesbank has changed its tune on salary increases, urging unions to be more – not less – ambitious in looming pay talks, to help combat the risk of deflation in the euro zone. Photograph: AP

Germany’s hawkish Bundesbank has changed its tune on salary increases, urging unions to be more – not less – ambitious in looming pay talks, to hel(...)

Crowds gather in front of the GPO on O’Connell Street, in Dublin, in November, 2010, as the country entered the final hours of negotiations for emergency EU and IMF loans aimed at preventing the crisis from spreading to Portugal and Spain and threatening the future of the euro. Photographs: Reuters/Cathal McNaughton

Two years ago, economists were still taking bets on the probability of a euro zone break-up. Today the threat of a currency collapse has receded. T(...)

Bundesbank chief Jens Weidmann cited a litany of long-term dangers from easy money after the ECB cut interest rates to record lows last month

Germany’s finance minister and central bank chief on Friday pressed euro zone governments to pass reforms to shape up their economies rather than rely(...)

Brendan McDonagh: Nama is not overly concerned about competition from other European countries trying to offload property assets. Photograph: Eric Luke

Brendan McDonagh sat close to the front row on Wednesday in the press room of the Department of Finance. The chief executive of the National Asset Man(...)

A customer carries a shopping basket through the vegetable aisle inside a Netto discount store, operated by Danske Supermarked  in Copenhagen. Photographer: Freya Ingrid Morales/Bloomberg

The euro-area inflation rate held steady in June, as weak energy and food costs continued to subdue prices. Annual consumer-price growth remained at 0(...)

Mario Draghi says euro zone states must “govern together”. Photograph: David Sleator

European Central Bank President Mario Draghi urged euro zone states to respect their joint fiscal rules and extend their cooperation to economic refor(...)

Wall Street gloom extended into Asia over-night, after major US stock indexes sagged as investors turned cautious before the start of earnings season.

Asian stocks extended losses to a one-week low on Wednesday after China’s consumer inflation cooled slightly more than expected in June, pointing to l(...)

The Bundestag, in Berlin. Photograph: Getty Images/iStockphoto

The Germans love plans. It’s their strength and their weakness. Or at least that is the stereotype, and like most stereotypes it has at least a grain (...)

The ECB’s asset quality review of the euro zone’s 128 most important banks will be followed by EU-wide “stress tests” to see if the region’s banks have enough capital to withstand another crisis

The European Central Bank (ECB) will brief Europe’s banks next week on its plan for disclosing the results of a landmark asset quality review.The ECB (...)