Erkki Liikanen, the former Bank of Finland governor, is the most likely  candidate to succeed Mario Draghi as president of the European Central Bank, according to economists

Erkki Liikanen, the former Bank of Finland governor, is the most likely – but not necessarily the best – candidate to succeed Mario Draghi as presiden(...)

Mario Draghi, president of the European Central Bank argued last week that it’s still too early to unwind stimulus, saying “we’re not there yet”. Photograph: Alex Kraus/Bloomberg

The euro-area economy finished off last year with another quarter of robust growth, and confidence among businesses and households suggests there’s no(...)

President Mario Draghi has said the ECB is prepared to intervene if risks to inflation increase or financing conditions tighten

The European Central Bank is likely to keep the door open for more monetary stimulus but stop short of taking new policy steps at a meeting on Thursda(...)

A woman look at information boards in the window of the Job Centre Plus in Derbyshire. Figures released today show the EU unemployment rate was 11 per cent in July and 12.1 per cent in the eurozone. Photograph: PA Wire.

Euro zone unemployment held at a record high of 12.1 per cent in July, Eurostat figures show. A total of 19.231 million people were reported as(...)