Ireland
Irish economy to shrink by 7%: central bank
The Irish economy is set for an even worse year than previously thought, according to the latest forecast by the country's central bank.
Basel, IADI issue deposit insurance guidelines
The Basel Committee on Banking Supervision and the International Association of Deposit Insurers (IADI) has issued a set of global guidelines for deposit guarantee systems.
Irish citizens no good at making financial plans
The Irish population saves too little, finds a new study from the Central Bank and Financial Services Authority of Ireland.
Irish economy to shrink by 4% this year
The Irish economy is facing a second consecutive year of contraction, says the latest Quarterly Bulletin from the Central Bank and Financial Services Authority of Ireland.
Dublin nationalises third-largest lender
The Irish authorities on Thursday took control of Anglo Irish, the country's third-largest lender, on fears that negative market sentiment could spark a run on the bank.
Report prompts Ireland's chief regulator to quit
Patrick Neary, the chief executive of the Financial Services Regulatory Authority, will retire after a report condemned the organisation for its failings in a scandal involving one of the country's biggest banks.
Ireland's Hurley to stay on after term ends
The governor of Ireland's central bank, John Hurley, has agreed to stay on beyond the official end of his first seven-year term in March.
Ireland announces €10bn bank bailout
The government of Ireland pledged up to €10bn for recapitalising ailing banks in a bid to encourage lending and limit the damage on the real economy.
Ireland's Hurley justifies 100% guarantee
John Hurley, the governor of the Central Bank and Financial Services Authority of Ireland, has defended Dublin's pledge to guarantee all deposits in its six biggest lenders.
Call for mutual model to protect UK deposits
Senior City of London figures have called for the UK to set up a deposit protection scheme run by the banks, independently of any financial regulator.
FDIC pushes for more deposit insurance
The Federal Deposit Insurance Corporation (FDIC), which manages the US's deposit insurance fund, has added its support to calls for Congress to raise the guarantee on deposits.
Ireland guarantees all deposits, halts share slide
The Irish government has taken the highly unusual step of guaranteeing all bank deposits in a bid to abate stresses in the Irish financial system which have triggered a loss of confidence in the country's banks.
UK lender seeks ECB funding with Irish start up
One of the biggest mortgage lenders in the United Kingdom wants to set up an Irish operation in part to access European Central Bank (ECB) funds.
Ireland to watch fiscal budget
The slowing of growth coupled with the risks facing the economy presents significant issues for fiscal policy, said John Hurley, the governor of the Central Bank and Financial Services Authority of Ireland.
Central Bank of Ireland - Annual Report 2007
The Irish economy will suffer a significant reduction in output growth this year, John Hurley, the governor of the Central Bank and Financial Services Authority of Ireland, says in the latest edition of the institution's Annual Report.
Hurley praises Ireland's financial oversight
The level of co-operation between central bankers and regulators in Ireland proves very useful in managing financial crises, said John Hurley, the governor of the Central Bank and Financial Services Authority of Ireland.
Ireland's Hurley confident on outlook for 2008
The Irish economy and its banking sector will continue to demonstrate their strength against the background of a challenging international environment this year, John Hurley, the governor of the Central Bank & Financial Services Authority of Ireland,…
Irish economy to weaken in 2008
The Central Bank & Financial Services Authority of Ireland on Friday said that the pace of growth was set to fall this year as a result of both international and domestic factors.
Cyprus and Malta join gold agreement
Cyprus and Malta, the two newest members of the eurozone, have signed up to the Central Bank Gold Agreement, which limits the amount of gold cooperating institutions can sell.
Rock raises lender of last resort issue for EU
One important aspect of the Northern Rock crisis in the UK has been to make market participants wonder what would happen if a similar-sized institution got into difficulties in a small or medium-sized EU member state.
Hurley confident on Irish performance
The Irish economy has performed well in 2007 compared to others, a trend that is set to continue into 2008, says John Hurley, the governor of the Central Bank and Financial Services Authority of Ireland.
Fed's forecasts have declined since early 1990s
The Federal Reserve's forecasts of inflation and output have deteriorated since 1991, research published by the Central Bank and Financial Services Authority of Ireland finds.
Too early to call crisis impact: Ireland's Hurley
John Hurley, the governor of the Central Bank and Financial Services Authority of Ireland, reviewed the impact of the recent banking crisis on the eurozone.
King speaks on Northern Rock
Three weeks ago, thousands of depositors queued on the streets outside branches of Northern Rock to take their money out. Those scenes, broadcast around the world, were shocking. How did they come about and how can we prevent them in future? My focus…