Finance Ministry

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Ryanair chief executive Michael O’Leary said he was working on a best-case scenario of two to three months in which flights would be grounded and revenues would vanish. Photograph: Jonathan Brady/PA Wire

Having triggered the wiping of more than $25 trillion off the value of public companies globally in the past five weeks as it wreaks havoc on health s(...)

The finance ministers said the “major economic shock” caused by Covid-19 justified the triggering of the “general escape clause” from EU budget rules

EU finance ministers have agreed to suspend restrictions on borrowing and spending to deal with the coronavirus pandemic and the economic havoc it is (...)

Chancellor of the exchequer Sajid Javid leaves 11 Downing Street. Photograph: Tolga Akmen/AFP via Getty

Outgoing chancellor Sajid Javid has warned Boris Johnson not to undermine the credibility of the treasury as the prime minister’s team took effective (...)

Investors are expecting the ECB to restart its asset purchase programme. Photograph: Getty Images

European shares opened higher on Wednesday, bolstered by China’s move to exempt some US goods from additional tariffs, the latest sign that a prolonge(...)

French finance minister Bruno Le Maire delivers a speech during a high-level forum on debt at the Finance ministry in Paris in May 2019. Photograph: Benoit Tessier/Reuters

The Government continues to favour a global approach to a digital sales tax, in spite of France’s decision to push ahead unilaterally with a tax on Fa(...)

Christine Lagarde: being the unlikely candidate has consistently been the making of her. Photograph: Saul Loeb

“No, no, no, no, no, no,” Christine Lagarde said last year when asked if she was interested in running the European Central Bank (ECB). What she meant(...)

Gabriel Makhlouf: Joan Burton called for the process of appointing Mr Makhlouf as governor of the Cental Bank to be paused because of controversy engulfing him in his native New Zealand, where he is head of the treasury.

The recruitment process to pick the next Central Bank of Ireland governor cost €70,236, Minister for Finance Paschal Donohoe has disclosed, as his cho(...)

New Central Bank governor Gabriel Makhlouf  ‘has been appointed under law’. Photograph: Vivek Prakash/Bloomberg via Getty

The process of appointing new Central Bank governor Gabriel Makhlouf should be paused because of controversy engulfing him in his native New Zealand, (...)

Gabriel Makhlouf is facing an inquiry during his final weeks as a senior official in the New Zealand finance ministry. Photograph: Bloomberg.

The Labour Party has called for the appointment of the new Central Bank governor to be put on hold until an investigation into his actions in New Zeal(...)

Israeli prime minister Binyamin Netanyahu was left without a majority coalition failed to reach a compromise on the question of drafting the ultra-Orthodox into the army. Photograph: Abir Sultan/EPA

Israel will hold a new election on September 17th after prime minister Binyamin Netanyahu failed to meet the Wednesday midnight deadline to form a gov(...)

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