Mario Draghi

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 Central Bank governor Philip Lane emerged last week as the unopposed candidate to succeed outgoing ECB chief economist Peter Praet on the six-member board in Frankfurt. Photograph: Clodagh Kilcoyne/Reuters

Minister for Finance Paschal Donohoe has committed to carrying out a “comprehensive” search for the successor to Central Bank governor Philip Lane, wh(...)

Philip Lane will be in charge of monitoring the 19 national economies of the single currency. Photograph: Alan Betson

Mario Draghi will likely end his eight years at the helm of the European Central Bank (ECB) helm in October without raising rates once. His last board(...)

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(...)

Why are stocks gaining in the face of mounting economic uncertainty? Photograph: Spencer Platt/Getty Images

There’s an old cliché that markets hate uncertainty. So why, one might ask, are stocks gaining in the face of mounting economic uncertainty? Mentions (...)

European Central Bank president Mario Draghi testifies before the European Parliament’s economic and monetary affairs committee in Brussels on Monday. Photograph: Francois Lenoir/Reuters

The euro zone economy has performed worse than expected in recent months and global uncertainty is weighing on economic sentiment, European Central Ba(...)

A share trader in Frankfurt. Major European bourses fell in morning trade, mirroring a retreat for Asian peers.

World shares slipped into the red on Monday, with equities markets from Europe to Asia buffeted by nerves over China’s economy and investors staying (...)

Bank of Ireland finished down 4.3 per cent at €5.45 as sentiment turned negative against banking stocks.

European shares finished higher but lost some of their earlier gains, after a bounce in tech stocks was offset by a late slide among banks following d(...)

The headquarters of the European Central Bank. Photograph: Daniel Roland/Getty Images

The European Central Bank left its policy stance unchanged as expected on Thursday, keeping a rate hike later this year on the table even as the euro (...)

Axel Weber, chairman of Swiss bank UBS. Photograph: Arnd Wiegmann/Reuters

The Institute of International Finance’s (IIF) chairman, Axel Weber, has warned that a no-deal Brexit must be avoided, even it means stopping the cloc(...)

Philip Lane: Last year, he was nominated as a vice-president of the ECB  but his nomination was withdrawn to “avoid divisions”.  Photograph: Tom Honan

The governor of the Central Bank of Ireland, Philip Lane, has been nominated for appointment as the next chief economist of the European Central Bank,(...)

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