Mario Draghi

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Philip Lane: Last year, he was nominated as a vice-president of the ECB  but his nomination was withdrawn to “avoid divisions”.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

Ireland’s Philip Lane is widely expected to secure the first of a number of top EU job appointments this year.

Euro area finance ministers will fire the starting gun this week on the race to succeed Peter Praet as chief economist of the European Central Bank, (...)

European Central Bank president Mario Draghi

Last autumn it looked as if interest rates would start to rise this year, for the first time since the economic crisis. September had been pencilled i(...)

The euro is 20, a bit battered, but still the only game in the EU.

Like many people of 20, the European currency has experienced a traumatic adolescence. At some moments, many thought it would not reach this age of ma(...)

Irish mortgage customers are paying about €250 more every month than their euro zone peers as a result of higher interest rates. Photograph: iStock

Figures released by the Central Bank of Ireland on Friday showed that mortgage interest rates in the Republic are amongst the highest in the euro zone(...)

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