Ulster says go: Bank's decision to exit was in the wind — but why is it happening now?
Ulster Bank’s long goodbye creates major headaches for policymakers.
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Ulster Bank’s long goodbye creates major headaches for policymakers.
It comes against the backdrop of gloomy economic forecasts.
A resurgence of the virus has weakened euro area growth forecasts.
The results of this week’s election may further complicate the American response to the economic crisis.
New data shows a slight worsening of jobless figures while prices continue to tumble.
In the meantime, the governing council decided to keep its monetary policy unchanged.
Largarde is currently the outgoing chief of the International Monetary Fund.
Irish households are in a better position to withstand “adverse shocks” than it was in 2014.
He’s on course to take job of chief economist from 1 June.
The committee’s chair said it is important to keep the pressure on the banks now.
The challenge to the bond-buying plan could have ended the single currency.
The Central Bank says this ranking is in spite of a significant decline in the ratio of household debt to disposable income.
The note is known as a ‘Bin Laden’ because of its associations with crime.
The ECB cut a key interest rate to a new record low for the region today.
But it has been a good few years to be Dutch, Belgian or Danish.
Greeks will be able to withdraw up to €420 at once per week.
The Greek problem will never be solved within the eurozone. It’s time to let them leave the euro, default on their loans, and try to rebuild from there with the drachma.
The main bone of contention in negotiations between Greece and its creditors has been how to resolve the pension system. But why is it such a huge issue?
And what will it mean for Ireland if Greeks take the nuclear option?
The country made its latest loan repayment today – but more trouble lies ahead.
Two police officers have also been injured ahead of a massive rally to coincide with the opening of the €1.3 billion skyscraper.
The central bank will no longer accept Greek debt as collateral for loans.
It’s going to be a big day for the country’s new leaders.
It’s threatening to end emergency funding if the Greeks don’t play ball.
Matt Carty of Sinn Fein said he hopes the goverment will be “robust” in making sure the ECB does take part.
The banking inquiry’s public hearings will begin the week after next – but it looks like the ECB won’t be there.
Those on tracker loans will hear the decision-making process of the ECB’s record-low interest rates.
Former ECB President Jean Claude Trichet has previously said that he will not appear before the committee.
Fine Gael MEP Brian Hayes explains the detail of the new pan-eurozone Single Supervisory Mechanism.
The ECB’s governing council will consider releasing the letter at its meeting next week
Under the new system, for one month every year Ireland will not be able to vote.
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.
Frankfurt looks set to deliver a long-awaited interest rate cut next month.
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.
No interbank transaction can take place across the EU today.
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?
Responding to queries from the finance spokesperson, Draghi said that ‘the viability of nationalised banks’ needs to be addressed.
Health of Irish system appears to be on the up as calls for support from Frankfurt slide