The Dow hit a record high on Monday after Moderna became the second US company in a week to report positive results from its Covid-19 vaccine trial, raising hopes of a quicker economic recovery from a pandemic-led recession. Photograph:  Angela Weiss/Getty Images

European shares ended at a more-than-eight-month high on Monday as positive data from Moderna’s Covid-19 vaccine boosted investor confidence in a fast(...)

ECB president Christine Lagarde has flagged that prices in the region will decline in coming months.

Consumer prices in the 19-nation euro area fell more than economists forecast in September, keeping up pressure on the European Central Bank as it deb(...)

European Central Bank president Christine Lagarde speaking on screen during a meeting of the Franco-German Parliamentary Assembly. Photograph: John MacDougall/AFP

Europe’s economic rebound is uncertain and uneven, requiring “very careful” assessment of incoming data, including the evolution of the coronavirus pa(...)

Photograph: iStock

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

“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(...)

Philip Lane, governor of the Central bank of Ireland, believes a Brexit deal will happen.

Central Bank of Ireland governor Philip Lane believes the UK and the European Union will eventually agree on a withdrawal deal, with a long transition(...)

Philip Lane’s departure from the Central Bank would create a race for the governorship of the institution. Photograph: Nick Bradshaw

Central Bank governor Philip Lane is poised to win the State’s first executive seat at the European Central Bank (ECB), triggering a succession race t(...)

Philip Lane: three years into the job as Central Bank governor this month, he may soon become the shortest-ever holder of the position. Photograph: Tom Honan

It was the year Ronald Reagan was sworn in for a second term as US president, Bruce Springsteen’s album Born in the USA topped the charts, and more th(...)

Sharon Donnery, deputy governor of the Central Bank, surprised Government officials when she put her name forward in August to lead the ECB’s Single Supervisory Mechanism. Photograph: Nick Bradshaw

Central Bank deputy governor Sharon Donnery has been beaten by an Italian economist in a competition to become the next chair of the European Central (...)

Sharon Donnery, a deputy governor of the Central Bank, reportedly has Germany’s backing to become the next head of the ECB’s banking supervision arm. Photograph: Nick Bradshaw

The German government is supporting the Republic in securing two top positions at the European Central Bank (ECB), which would go against convention (...)

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