European Central Bank (ECB) president Mario Draghi at a news conference at the ECB headquarters in Frankfurt on Thursday. Photograph: Ralph Orlowski/Reuters

The European Central Bank (ECB) did not adjust interest rates or announce any new policy moves after the latest meeting of its policymaking council, b(...)

President of the European Central Bank Mario Draghi said ‘a considerable mass of inflation expectations are moving towards [a belief that there will be] lower inflation.’ Photograph: David Sleator

Mario Draghi has paved the way for a fresh package of monetary stimulus to boost the ailing euro zone economy before he departs in October, signalling(...)

PTSB says it has a target of cutting its soured loans to a “mid-single-digit ratio” over the “medium term”.

Permanent TSB (PTSB) must shift a further €550 million in problem loans before it will meet its own targets – and get a hearing from regulators on li(...)

European Commission secretary general Martin Selmayr: “You cannot run the European Commission like a Montessori school,” he once said. Photograph: Francois Lenoir/Reuters

Martin Selmayr, the most controversial, powerful and shortlived head of the European Commission’s civil service who one critic said should be sent to (...)

Photograph: Alan Betson/The Irish Times

Permanent TSB’s (PTSB) pre-tax profit fell by 50 per cent in the first six months of the year, as the bank lost income on restructured loans sold late(...)

Scattered one pound coins

Sterling traded around its strongest level in a month against the euro on Wednesday, as more weak economic data from the shared currency area put West(...)

Gabriel Makhlouf met Minister for Finance Paschal Donohoe for the first time in Dublin last Thursday. Photograph: Vivek Prakash/Bloomberg via Getty Images

The Central Bank incoming governor, Gabriel Makhlouf, is understood to have assured Minster for Finance Paschal Donohoe, when they met in person for t(...)

US stocks rose on Tuesday, boosted by upbeat earnings and forecasts from Coca-Cola and United Technologies. Photograph: Johannes Eisele/AFP/Getty Images

A host of upbeat earnings pushed US stocks higher on Tuesday and world stocks rose in anticipation of central bank easing, while sterling fell on the(...)

Patrick Honohan was governor of the Central Bank of Ireland from 2009-2015. Photograph: James Forde

The prospects of Kilmacud Crokes in the approaching Leinster semi-finals. A home defeat of the Irish football team by Norway, despite an early penalty(...)

Cadbury’s moon landing recreation: one small step for chocolate-makers, one sweet treat for mankind. Photograph: Jacob King/PA

Image of the week: Chocolate moon Tomorrow marks 50 years since Neil Armstrong beat Buzz Aldrin by about 20 minutes to become the first man on the mo(...)

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