Klaas Knot

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Incoming Central Bank governor Gabriel Makhlouf.

After Gabriel Makhlouf finishes wandering around the Central Bank’s headquarters in Dublin’s north docklands on his first day on Monday and negotiates(...)

This year’s elections have led to a three-way split in the European Parliament, with none of the “spitzenkandidat” able to achieve a parliamentary majority. File photograph: Getty

Top jobs – the rules and the traditions Every five years, at the beginning of a new term of the European Parliament, the European Council, which is m(...)

Jean-Claude Juncker: “Weidmann is a convinced European and an experienced central banker and therefore suitable” Photograph:  Reuters

Jean-Claude Juncker has said he “would not mind” a German becoming head of the European Central Bank, in a sign that the European Commission president(...)

A financial trader monitors data on computer screens as a desktop television shows euro currency banknotes at the Frankfurt Stock Exchange in Frankfurt, Germany. German five-year yields turned positive for the first time since 2015 on calls for an end to the ECB’s bond-buying programme which is designed to support the euro zone economy. Photographer: Martin Leissl/Bloomberg

Five-year German bond yields turned positive for the first time since late 2015 on Monday and yields across the euro area hit fresh highs after a Euro(...)

Mario Draghi, President of the European Central Bank (ECB), says it must drive inflation higher quickly, and will broaden asset-purchase program if needed. Photograph: EPA

Mario Draghi said the European Central Bank must drive inflation higher quickly, and will broaden its asset-purchase program if needed to achieve that(...)

Dutch finance minister and Eurogroup chairman Jeroen Dijsselbloem was due to attend IMF talks in Washington today. Photograph: Francois Lenoir/Reuters

Dutch finance minister and Eurogroup head Jeroen Dijsselbloem has cancelled a trip to the annual IMF meetings to deal with urgent domestic budget nego(...)

Cypriot president Nicos Anastasiades addresses the nation with a televised speech from the presidential palace in Nicosia in the wake of the bailout earlier this week. Photograph: Petros Karadjias/Reuters

Big depositors in Cyprus's largest bank stand to lose far more than initially feared under a European Union rescue package to save the island f(...)