Mario Draghi

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Philip Lane is widely seen as being well-positioned to become ECB chief economist. Photograph: Reuters

The European Parliament moved on Thursday to back Irish Central Bank governor Philip Lane to join the European Central Bank’s (ECB) executive board. (...)

The ECB said the new series of quarterly targeted longer-term refinancing operations would start this September and ending in March 2021. Photograph: iStock

The European Central Bank is to keep interest rates on hold until 2020 and has made a fresh offer of cheap funding for the region’s banks in a stark r(...)

Bank of England governor Mark Carney is loathed by the Brexiteers because his facts don’t fit their narrative. Photograph: Reuters

It’s possible to feel sorry for central bankers. That’s a sentence I never thought I would write. Even if sympathy or empathy are not normal feelings (...)

 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(...)

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