Wise to assume  UK will crash out of EU without a deal and that Ireland will suffer a significant economic hit  Gabriel Makhlouf  said

It is now wise to assume that the UK will crash out of the EU at the end of the year without a deal and that Ireland will suffer a significant economi(...)

A laptop displays Christine Lagarde, president of the European Central Bank (ECB), during a live stream video of the central bank’s virtual rate decision news conference in Frankfurt on Thursday. Photograph: Bloomberg

European Central Bank president Christine Lagarde said the surging euro must be monitored for its impact on prices, but she didn’t signal any pressing(...)

Photograph: iStock

Bundesbank president Jens Weidmann challenged the landmark stimulus package agreed by European Union leaders this week, emphasising the importance of (...)

The ECB said it would increase the size of emergency bond purchases by €600 billion to €1.35 trillion. Photograph: iStock

The European Central Bank (ECB) approved yet more stimulus on Thursday to prop up an economy plunged by the coronavirus pandemic into its biggest rece(...)

“We’ll have a better sense in a few days as we publish our numbers in early June, but it’s likely we will be in between the medium and severe scenarios,” Christine Lagarde said. Photograph: AFP via Getty

The euro-area economy is faring worse than hoped, facing a recession as bad as the European Central Bank’s more pessimistic forecasts, according to pr(...)

Christine Lagarde, president of the European Central Bank (ECB), is displayed on a smartphone during a live stream video of the central bank’s virtual rate decision news conference in Frankfurt, Germany. Photographer: Alex Kraus/Bloomberg

The coronavirus pandemic has sent the euro zone’s economy into an “unprecedented decline” that is likely to steepen before a recovery phase kicks in,(...)

It is understood that Gabriel Makhlouf flew to Athens last month to visit a family member who is unwell. Photograph: Nick Bradshaw

Gabriel Makhlouf, the governor of the Central Bank of Ireland, is running the institution from under lockdown in Greece. The bank confirmed that Mr (...)

The review will last for most of the year and span topics from the inflation target to digital money and the fight against climate change. Photograph: AFP

The European Central Bank (ECB) launched a broad review of its policy on Thursday that was likely to see new president Christine Lagarde redefine the (...)

Photograph: iStock

European Central Bank policy makers meeting in Frankfurt this week will discuss the prospect of launching their own digital currency, according to eur(...)

Christine Lagarde: ‘Investment is a particularly important part of the response to today’s challenges, because it is both today’s demand and tomorrow’s supply.’ Photograph: Bloomberg

The euro zone needs to create more of its economic growth at home, including via greater public investment, if it is to withstand weakness abroad and (...)

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