Mario Draghi

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Women withdraw money from ATMs at a branch of the Bank of Cyprus at Eleftheria square in Nicosia, Cyprus. The bailout crisis had raised the possibility of an ECB interest rate cut. Photograph: Bogdan Cristel/Reuters

The European Central Bank yesterday kept interest rates at a record low of 0.75 per cent but stressed that it “stands ready t(...)

The ECB headquarters in Frankfurt. Photograph: Lisi Niesner/Reuters

A sense of anticipation surrounded Mario Draghi’s appearance at the monthly ECB press conference yesterday, his first since the eruption of the(...)

The social welfare office on Bishop Street, Dublin. Irish youth unemployment dipped slightly last December but has returned to 30.8 per cent, just shy of where it was a year ago. Photograph: Frank Miller

For anyone trying to visualise the euro zone crisis, the relentless upward sweep of Eurostat’s jobless rate graph speaks for itself. Acco(...)

Protestors shouting anti-EU  slogans outside a Eurogroup meeting at the European Council building last night in Nicosia. Photograph: Milos Bicanski/Getty Images

Cyprus was close to reaching agreement with its international lenders on a new bailout package early today that will protect depositors under €100,(...)

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