Last week’s meeting of the ECB Governing Council saw no changes to its key interest rates.

Most Irish households would probably struggle to identify any direct link between their daily lives and a slump in hugely-overvalued American company stock prices, writes Eamon Quinn.

Currency moves are a fresh headache for the ECB in its attempts to meet its 2% inflation target.

Last week’s meeting of the ECB Governing Council concluded with the key interest rates unchanged at –0.4% for the deposit rate and 0% for the key refi rate.

Should Mario Draghi ever want to start raining down helicopter money, the ECB president is likely to struggle to get off the ground.

As Mario Draghi prepares to ramp up debt purchases starting Friday in his biggest assault against eurozone deflation risks, he’s about to get another sense of the magnitude of the challenge.

Bank of Spain governor Luis Maria Linde has endorsed the Spanish government’s economic policies and warned of the risks of changing course as the country gears up for a general election.

Tánaiste Joan Burton has backed the outgoing central bank governor’s calls to burn Anglo Irish Bank junior bondholders and thereby save taxpayers up to €300m.

The European Central Bank should cap the size of any government bond purchase plan it embarks on so as not to crowd out private sector investors, said ECB Governing Council member Christian Noyer.

The European Central Bank cut interest rates to a fresh record low yesterday, and launched a new scheme to push money into the flagging eurozone economy.

Mario Draghi appears to have tacitly endorsed the restructuring of the promissory notes.

Jobs Minister Richard Bruton has said the decision to liquidate IBRC last night has brought an end to the saga of Anglo Irish Bank.

The EU banking union, intended to save banks from bringing down states, is teetering on the edge as countries battle to save their domestic interests.

The European Central Bank has left its main interest rate unchanged at 0.75% today.

On Tuesday’s Irish Examiner, it was reported that Ewald Nowotny who is a member of the ECB Governing Council had stated that European policymakers must avoid repeating a “single-minded” focus on austerity that helped bring the Nazis into power in the 1930s German economic crisis.

European governments are considering cutting interest rates on emergency loans to Greece and using contributions from the European Central Bank to plug a new financing gap in the second bailout programme for Athens, two people familiar with the discussions said.

The Government should delay making further scheduled bailout payments to the former Anglo Irish Bank for as long as possible, a number of leading economists said yesterday.

FRENCH President Nicolas Sarkozy threw his weight behind Mario Draghi’s candidacy to head the European Central Bank yesterday, giving a major boost to the Bank of Italy chief’s hopes of succeeding Jean-Claude Trichet.

CENTRAL Bank governor Patrick Honohan said it is too early to say when the country will be able to return to markets, according to an interview with Market News International.

The ECB has today, as expected, decided to keep interest rates unchanged.

The European Central Bank is expected to keep its main interest rate unchanged at a record low of one percent today.

The European Central Bank (ECB) has opted to leave its key interest rate unchanged, saying that the global downturn is "bottoming out" and forecasting a return to growth next year.

EUROZONE inflation plunged more than expected to a 26-month low in December as the economy slowed sharply, knocking back the euro on expectations of a deep ECB rate cut next week.

THE eurozone's Harmonised Index of Consumer Prices (HICP) may have risen above 2% again in February, but in reality the figures should be of great comfort to the ECB.

The weekend attacks in Saudi Arabia further highlight the risks to oil supply, according to Dermot O'Leary of Goodbody Stockbrokers.

THE de facto smashing of the stability and growth pact early yesterday morning will result in a rise in interest rates as the European Central Bank (ECB) warned of serious dangers following the move.

THE cost of borrowing is set to hit a historic low as the European Central Bank (ECB) prepares to cut interest rates by up to half a per cent.