European Central Bank
The function of the ECB is to administer the monetary policy of the 16 Eurozone countries. The primary aim of the ECB is to keep inflation low and maintain price stability in the Union. It is one of the most important central banks in the world. Its headquarters are in Frankfurt.
# european-central-bank - Sunday 10 August, 2014
Under the new system, for one month every year Ireland will not be able to vote.
# european-central-bank - Thursday 5 June, 2014
SME and non-financial corporate lending is the main target of today’s package of measures, with the ECB also cutting inflation expectations.
The rate at which the European Central Bank pays commercial banks for depositing their unused cash has been reduced from zero per cent to minus 0.10 per cent.
# european-central-bank - Wednesday 14 May, 2014
Frankfurt looks set to deliver a long-awaited interest rate cut next month.
# european-central-bank - Wednesday 7 May, 2014
The former head of the ECB also said the Irish government made a decision on the bank guarantee without any consultation with the bank or other countries.
# european-central-bank - Thursday 1 May, 2014
No interbank transaction can take place across the EU today.
# european-central-bank - Sunday 20 April, 2014
With the EU forcing us into a ‘devaluation for slow learners’, isn’t it time we look closer at what exactly the euro has done for us?
# european-central-bank - Monday 24 March, 2014
Responding to queries from the finance spokesperson, Draghi said that ‘the viability of nationalised banks’ needs to be addressed.
# european-central-bank - Friday 21 March, 2014
Health of Irish system appears to be on the up as calls for support from Frankfurt slide
# european-central-bank - Wednesday 12 March, 2014
A major review of Irish and European banks is due in the Autumn, and could have serious political and financial consequences.
# european-central-bank - Monday 10 March, 2014
The Finance Minister has said that the Central Bank has “primary responsibility” regarding SME loans.
# european-central-bank - Thursday 5 December, 2013
Good news for those on tracker mortgages today as records remain at a record low.
# european-central-bank - Tuesday 26 November, 2013
The government will almost certainly oppose the motion and ensure that it does not pass when a vote is held tomorrow night.
# european-central-bank - Wednesday 13 November, 2013
Our shared currency system is not just preventing our ability to recover but is at the root of inevitable further looming crises, writes Mike Hall.
# european-central-bank - Thursday 7 November, 2013
ECB president Mario Draghi has cut the rate for the fifth time in two years.
# european-central-bank - Wednesday 23 October, 2013
Michael Noonan meets Mario Draghi for discussions on how Ireland will exit its international bailout programme on 15 December.
# european-central-bank - Monday 23 September, 2013
Mario Draghi says that the Eurozone is recovering, slowly, but had good news for holders of tracker mortgages.
# european-central-bank - Friday 6 September, 2013
Yesterday, Mario Draghi said the ECB is alert to geopolitical risks that may come out of the Syrian situation and said that the caution expressed about recovery was warranted.
# european-central-bank - Monday 26 August, 2013
Our share of ECB funding is now just 5.4 per cent compared to 26.5 per cent immediately after the bailout in November 2010.
# european-central-bank - Thursday 15 August, 2013
The European Union has a single guiding principle: keep inflation down. But that view is far too narrow at a time when the bloc is undergoing an appalling unemployment crisis, writes Tiernan Brady.
# european-central-bank - Wednesday 10 July, 2013
The decision was confirmed by the European Council yesterday and will give the Baltic state six months to prepare for the changeover.
# european-central-bank - Tuesday 9 July, 2013
The trio of the IMF, ECB and the European Commission return as Ireland’s bond yields continue steady fall.
# european-central-bank - Friday 21 June, 2013
The EU and IMF have agreed to a request from the Irish authorities to delay the first bills from early 2014 to early 2015.
# european-central-bank - Thursday 6 June, 2013
Mario Draghi says the eurozone economy should stabilise over the rest of the year, but low rates are still needed for now.
# european-central-bank - Friday 31 May, 2013
Demonstrators were expressing concerns about the ECB’s role in enforcing austerity throughout the eurozone.
# european-central-bank - Wednesday 22 May, 2013
The banks would lose more if they lowered their mortgage interest rates below the current amounts, the minister says.
# european-central-bank - Monday 20 May, 2013
New figures show Ireland’s banks are now less reliant on emergency loans than at any other time since September 2008.
# european-central-bank - Tuesday 14 May, 2013
The ‘two-pack’ also means the Budget will have to be submitted to Brussels for its approval every October from now on.
# european-central-bank - Wednesday 8 May, 2013
Deputy McGrath has called on the Central Bank to force banks to issue a statement following each change to the ECB’s interest rate.
# european-central-bank - Thursday 2 May, 2013
Here are the things we learned, loved and shared today.
Falling inflation around the eurozone – particularly in Germany – means big decisions from Draghi and co.
President Higgins says the EU is facing a “moral crisis” as much as an economic one: “You are either a union or you’re not.”
The new €5 note will start appearing today but the old note remains legal tender.
# european-central-bank - Tuesday 30 April, 2013
The governing council of the European Central Bank meets on Thursday where it could provide a fresh boost to mortgage holders.
Patrick Honohan will discuss economic and monetary union with TDs and senators on the Oireachtas EU Affairs Committee this afternoon.
# european-central-bank - Saturday 27 April, 2013
The finance minister says the ECB has not told Ireland to refuse Freedom of Information requests about the IBRC wind-up.
# european-central-bank - Wednesday 24 April, 2013
Michael Noonan and Brendan Howlin want Troika approval to start charging from October 2014, with the first bills in 2015.
# european-central-bank - Tuesday 23 April, 2013
Officials from the EU, IMF and ECB arrive in Dublin today to conduct their tenth review of Ireland’s bailout programme.
# european-central-bank - Thursday 4 April, 2013
The head of the European Central Bank was speaking as the eurozone’s central bank left interest rates unchanged at 0.75 per cent today.