Philip Lane, governor of the Central Bank: Mr Lane would also be seen as a strong contender for the job of ECB chief economist. Photograph: Cyril Byrne

Minister for Finance Paschal Donohoe is to update the Cabinet on Tuesday on whether he will nominate an Irish candidate for the post of ECB vice-presi(...)

Portuguese finance minister Mario Centeno called for candidates to replace European Central Bank vice-president Vitor Constancio, whose term expires in May. Photograph: Dario Pignatelli/Bloomberg

Greece has neared a key milestone in its financial-crisis history, as its creditors started discussing better repayment terms for its bailout loans an(...)

Ireland’s first ECB board member? While Spain looks well placed to secure the next vacancy for its economy minister Luis de Guindos, Central Bank Governor Philip Lane is also thought to be in contention. Photograph: Cyril Byrne / THE IRISH TIMES

Euro area governments will kick off the process on Monday of finding a successor to Vítor Constâncio as vice-president of the European Central Bank w(...)

Central Bank of Ireland governor Philip Lane (left) with deputy governor Sharon Donnery. Both are tipped for key roles with the European Central Bank. Photograph: Dara Mac Dónaill

The Government is facing an interesting game of poker, as a string of top jobs come up at the European Central Bank over the next two years. The first(...)

A CCTV grab made available by Spanish newspaper Ara shows Omar Hychami, Houssaine Abouyaaquob and Moussa Oukabir at a petrol  station hours before their attack in Cambril, Catalonia,  last Friday. Photograph: Diario Ara/EFE

The Catalan interior ministry has confirmed that it was warned by Belgian authorities in March 2016 about Abdelbaki Es Satty, the imam who radicalised(...)

People use a Santander ATM as a man leaves a Banco Popular office in Barcelona. Photograph:  Albert Gea/Reuters

Santander has purchased fellow Spanish lender Banco Popular for €1, after Brussels warned the bank was on the verge of collapse. Banco Popular’s shar(...)

Spain mired in political stasis

The title of the book just published by acting Spanish economy minister Luis de Guindos, España Amenazada (‘Endangered Spain’), might be appropriately(...)

 Portugal’s  parliament. The country is facing sanctions over its deficit targets.

Spain and Portugal are facing the prospect of sanctions from the European Commission after failing to meet their deficit targets. Both countries are(...)

Socialist members of the Spanish parliament applaud leader of the Spanish Socialist Party (PSOE) and candidate for prime minister Pedro Sanchez   in Madrid. Photograph: Pierre-Philippe Marcou/AFP/Getty Images

After the EU leaders’ summit in Brussels ended last night, reporters asked Spanish acting prime minister Mariano Rajoy if he intended to contact Pedro(...)

The government’s debt-to-GDP targets are 98.5 per cent for 2016

Spain’s public debt neared 100 per cent of economic output in 2015, according to data released by the Bank of Spain on Wednesday and preliminary data(...)

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