# European Central Bank

Last week

22nd January 2023 - 28th January 2023

Bank of Ireland increasing fixed mortgage rates again

The banks’s fixed interest rates will increase by 0.75% for all new mortgage loan drawdowns.

20.0k

Jan 24th 2023, 1:17 PM

This month

January 2023

# Permanent TSB

Permanent TSB announces rate increases for new fixed rate mortgages

The hike in mortgage rates follows interest rate changes by the European Central Bank.

16.4k

Jan 13th 2023, 6:26 PM

Last year

2022

# Economy

European Central Bank slows pace of interest rate hikes with 0.5% rise

In response, Bank of Ireland confirmed that tracker mortgage rates will increase for all tracker mortgage customers by 0.5%.

14.7k

Updated Dec 15th 2022, 2:01 PM

# Interest Rates

Bank of Ireland immediately raises interest rates by 0.25% for new fixed rate mortgages

Bank of Ireland says the move is ‘in light of recent interest rate increases by the European Central Bank’.

15.8k

Nov 10th 2022, 11:43 AM

# Interest Rates

Tracker mortgage repayments to increase as European Central Bank hikes interest rates by 0.75%

The ECB announced the hike in a statement this afternoon.

The hike will see monthly tracker mortgage repayments increase.

The ECB has also warned that it expects to raise interest rates further to tame inflation.

38.4k

Updated Oct 27th 2022, 2:58 PM

Voices

Analysis: ECB rates are on the rise, what does this mean for mortgage holders?

Financial expert David Quinn looks at the latest rate hike and the options available to homeowners.

26.5k

Updated Sep 9th 2022, 10:15 AM

# Cost of Living

Soaring energy prices lead to record Eurozone inflation as Gazprom suspends gas to Germany

The European Central Bank is expected to raise interest rates at its next meeting on 8 September.

15.9k

Aug 31st 2022, 1:11 PM

# Inflation

Tracker mortgage rates to rise after ECB hike interest rates by 0.5%

The bank is trying to respond to soaring inflation but those on tracker and variable rates will likely face an increase.

91.6k

Updated Jul 21st 2022, 5:39 PM

# Inflation

ECB ups key interest rates as it warns 'inflation to remain undesirably elevated for some time'

The July rate hike will be the first in 11 years.

30.8k

Updated Jun 9th 2022, 1:20 PM

# Cost of Living

Eurozone inflation hits record high of 7.5% as growth slows amid Ukraine war

The figure is the highest recorded by the European statistics office since the publication of this indicator began in January 1997.

10.2k

Apr 29th 2022, 1:34 PM

# European Central Bank

Ukraine crisis and inflation risks loom over ECB meeting later this week

Prices have continued to spiral since the last ECB meeting in March.

10.4k

Apr 11th 2022, 7:53 AM

THE MORNING LEAD

Traditional remedies might not work. So how will we cure the surging cost of living?

A report by

Ian Curran

Almost everything is more expensive than it was a year ago, from energy to fuel to bathroom fittings and Big Macs.

Usually, governments might cut public spending and central bankers could hike interest rates in response.

But economists say the logic of traditional remedies is 'debatable' in the unprecedented context of the pandemic.

29.7k

Feb 6th 2022, 12:05 AM

# vimes boots

Explainer: Why is everything more expensive?

In Ireland and across Europe, prices have risen sharply over the past year as economies have reopened.

39.9k

Feb 4th 2022, 7:30 AM

# price pressures

No let up in cost of living surge in January as Eurozone inflation hits a record high

Amid heightened anxiety over inflation, the European Central Bank’s Governing Council will meet tomorrow.

9.4k

Feb 2nd 2022, 12:20 PM

# digital banking

Revolut takes 'first steps' toward offering loans and bank accounts to Irish users

The digital challenger bank is increasing its offering to Irish customers as Ulster Bank and KBC Bank move to exit the market.

37.0k

Feb 1st 2022, 1:28 PM

All time

# Inflation

Irish consumer prices rise 5.3% during biggest annual increase in 20 years

Soaring petrol, diesel and energy prices continue to drive inflation, the CSO said.

19.7k

Updated Dec 9th 2021, 1:49 PM

# Inflation

Cost of living concerns mount as October sees largest annual jump in consumer prices since 2007

Electricity and fuel costs are the main drivers of inflation currently, the Central Statistics Office said.

21.9k

Nov 11th 2021, 2:49 PM

# price inflation

'Supply chain bottlenecks and rising energy prices' are main threat to recovery, warns Lagarde

Despite rising prices, the European Central Bank also decided to keep its pandemic stimulus efforts unchanged.

10.6k

Oct 28th 2021, 2:15 PM

# Energy prices

Morning Memo: Europe's looming 'energy crisis'

European gas prices have tripled this year even before the arrival winter.

10.5k

Sep 20th 2021, 11:57 AM

# European stimulus

Faced with rising borrowing costs for EU governments, the ECB says it will increase the pace of stimulus

European GDP is set to shrink further in the first quarter of the year, says ECB President Christine Lagarde.

12.3k

Mar 11th 2021, 2:33 PM

# Ulster Bank

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.

35.3k

Feb 19th 2021, 8:50 AM

# Stimulus Package

More stimulus for Europe as ECB adds €500 billion to €1.35 trillion package, extending it into 2022

It comes against the backdrop of gloomy economic forecasts.

8.9k

Dec 10th 2020, 12:48 PM

# ECB

Hopes for a swift economic recovery in 2021 have faded, says ECB

A resurgence of the virus has weakened euro area growth forecasts.

25.0k

Nov 25th 2020, 10:46 AM

# US Federal Reserve

The Fed, the Senate and stimulus: How might the election shape American responses to the economic crisis?

The results of this week’s election may further complicate the American response to the economic crisis.

16.4k

Nov 8th 2020, 12:05 AM

# Euro zone

Eurozone: Stormy weather ahead despite a better-than-expected third quarter rally in GDP

New data shows a slight worsening of jobless figures while prices continue to tumble.

16.9k

Oct 30th 2020, 3:41 PM

# Euro zone

European Central Bank nods towards more stimulus in December as virus surges across Europe

In the meantime, the governing council decided to keep its monetary policy unchanged.

13.2k

Oct 29th 2020, 2:54 PM

# top jobs

Christine Lagarde a no-show as she's voted in as new ECB President by secret ballot

Largarde is currently the outgoing chief of the International Monetary Fund.

25.3k

Sep 17th 2019, 1:14 PM

# Department of Finance

Mortgage interest rates will rise, says research, 'making repayment difficult' for some Irish households

Irish households are in a better position to withstand “adverse shocks” than it was in 2014.

43.5k

Mar 12th 2019, 6:20 AM

# Pole Position

Central Bank governor Philip Lane only applicant for top role at European Central Bank

He’s on course to take job of chief economist from 1 June.

13.7k

Jan 30th 2019, 9:43 PM

# oversight

'Do your job': Finance Committee wants ECB chief to explain role in tracker mortgage scandal

The committee’s chair said it is important to keep the pressure on the banks now.

13.6k

Oct 28th 2017, 10:39 AM

# Make Money Money

'Good for Ireland': Germany's top court rules that the ECB can 'print money'

The challenge to the bond-buying plan could have ended the single currency.

24.0k

Jun 21st 2016, 12:40 PM

# Household debt

Irish households are the third most indebted in the EU

The Central Bank says this ranking is in spite of a significant decline in the ratio of household debt to disposable income.

19.3k

116

May 9th 2016, 4:54 PM

# nein danke

The €500 banknote looks set for the chop - but some Germans aren't happy

The note is known as a ‘Bin Laden’ because of its associations with crime.

22.7k

May 4th 2016, 11:16 AM

# santa mario

This man is taking the euro deeper and deeper into the unknown

The ECB cut a key interest rate to a new record low for the region today.

19.6k

Dec 3rd 2015, 3:33 PM

# bottom of the pile

These figures show Irish people lost more than anyone in the financial crisis

But it has been a good few years to be Dutch, Belgian or Danish.

19.0k

Oct 20th 2015, 12:06 PM

# Open for Business

Greek banks reopen as citizens face massive price hikes

Greeks will be able to withdraw up to €420 at once per week.

20.2k

107

Jul 20th 2015, 7:26 AM

Voices

It’s time to let Greece – and the euro – go

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.

142

Jul 4th 2015, 8:00 AM

Voices

What's the issue with Greece's pension system?

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?

1.3k

100

Jul 2nd 2015, 6:00 PM