Mario Draghi

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ECB president Mario Draghi told the Oireachtas the high interest rates were largely down to the fact the State has a “quasi-monopoly” banking market that is “not competitive”

European Central Bank (ECB) president Mario Draghi did his homework before he became, on Thursday, the first sitting head of the organisation to appea(...)

Central Bank governor Philip Lane noted that there were no “structural barriers” to entry into the Irish banking market for foreign institutions. Photograph: MARISCAL/EPA

Unification of Europe’s banking system would create an opportunity for more foreign banks to enter the Irish market and allow for a reduction in inter(...)

Mario Draghi: “I am conscious that I am speaking in a country that went through a severe crisis.” Photograph: Reuters

Mortgage rates are in higher in Ireland than other European Union countries because of a “quasi-monopoly” among Irish banks and too many problem loans(...)

Sharon Donnery and Philip Lane. Photograph: Clodagh Kilcoyne/File Photo/Reuters

A letter from the Italian chairman of the European Parliament’s Committee on Economic and Monetary Affairs, Roberto Gualtieri, to the Italian presiden(...)

European Central Bank president Mario Draghi. Photograph: Francois Lenoir/Reuters

The European Central Bank still intends to cap its bond-buying by year-end and leave room for an interest-rate increase late next year, even amid moun(...)

Irish Central Bank deputy governor Sharon Donnery. Photograph: Nick Bradshaw

Mario Draghi’s preferred candidate to head the euro zone’s banking supervisor will try to win over EU lawmakers on Tuesday and overcome an important (...)

A desire to achieve greater gender balance at the ECB is seen as working in Sharon Donnery’s favour.  Photograph: Nick Bradshaw

Sharon Donnery is getting closer to becoming the euro zone’s top bank supervisor as she and her two competitors prepare for scrutiny by MEPs and the E(...)

European Central Bank president Mario Draghi is credited with quelling the debt-crisis storm of 2012 and the potential break-up of the euro zone. Photograph: Francois Lenoir/Reuters

European Central Bank (ECB) president Mario Draghi has accepted an invitation to appear before the Oireachtas Committee on Finance, Public Expenditure(...)

Wednesday’s sell-off on Wall Street spread to Asia overnight and to Europe on Thursday.  Photograph: Getty

A sell-off that saw tech stocks drive the S&P 500 on Wednesday to its worst one-day drop since February rippled across global markets on Thursday.(...)

The Republic’s unemployment rate trebled to more than 15% in the four years to early 2012. File photograph: Frank Miller/The Irish Times

The Republic’s economy – measured by gross domestic product (GDP) – is now officially 50 per cent larger than it was in 2007, before the Celtic Tiger (...)

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