Ireland
Ireland's central bank profit hits E828.6m in 2002
The central bank of Ireland published its annual report on Monday 23 June, showing it made a profit of E828.6m in the year to end-December 200, according to BizWorld.
Irish central bank seeks firm to mint euro coins
Strong demand and hoarding of coins has prompted the central bank of Ireland to seek a foreign firm to mint 100 million euro coins, the Irish Times reports. In December, the bank financed an advertising campaign to persuade people to stop hoarding small…
New Irish financial regulator welcomed
An article in the Irish Times welcomes the development of the Irish Financial Services Regulatory Authority (IFSRA), saying it makes little sense for financial services activities within a group to be regulated by separate regulators when a failure of…
Hurley welcomes new Irish regulator body
Address by John Hurley, Governor, Central Bank and Financial Services Authority of Ireland, 1 May, at the launch of Irish Financial Services Regulatory Authority.
Ireland's long awaited financial regulator arrives
The Irish government has launched the new Central Bank and Financial Services Authority of Ireland, according to a report by BizWorld. Described as a historic day by the governor, John Hurley, the new Authority will establish a code of conduct for banks,…
Ireland's Hurley - A central banker's perspective
In a speech on 'A central banker's perspective of the Irish and international economic situation' John Hurley of the Central Bank of Ireland said the world economy is currently labouring, particularly in regard to asset markets and the geopolitical…
Report says Irish gov't may switch to e-payments
A report commissioned by the Irish government recommends a move to e-payments which could save €200 million a year. However, according to the Sunday Times, the report highlighted a number of problems which must be overcome before the change can take…
ECB's Papademos praises Ireland's economy
In a speech made in Dublin and reported by RTE News, the ECB's vice president, Lucas Papademos, said the Irish economy was a good example to others. He also outlined and defended the ECB's proposed new three-tier rotating voting system.
Irish central bank- Euro economies underperforming
The governor of the Central Bank of Ireland, John Hurley, has described the current period as a time of exceptional uncertainty in the world economy. In a speech delivered in Dublin and reported by Dow Jones Newswires, he said the outlook for global…
McCreevy set to support Austrian ECB candidate
Ireland is likely to support Austrian central bank deputy governor Gertrude Tumpel-Gugerell's candidacy for a place on the ECB board, reports the Irish Times.
Hurley on monetary policy in the Eurosystem
SPEECH - In the speech 'The monetary policy and operational framework of the Eurosystem' John Hurley of the Central Bank of Ireland said as regards the conduct of monetary policy, the Governing Council has a good record in maintaining price stability…
Irish central bank head demands IFSRA consultation
Moves are afoot to give the governor of the Central Bank of Ireland the right to be consulted by the Minister for Finance about the budget for the new financial services regulatory body, it has emerged.
Appointment of Irish bank staffer branded 'farce'
The appointment of a second Irish central bank executive to a key post in the new Irish Financial Services Regulatory Authority (IFSRA) has been criticised as a "farce and a disgrace".
Irish inflation reaches 5%
Irish inflation, already twice the European Union average, rose to 5 per cent in December, its highest level in 18 months.
Ireland may seek seat at ECB top table
Ireland is likely to pitch for a seat on the executive board of the European Central Bank (ECB) when a vacancy arises at the end of May.
Central Bank of Ireland Press Release
PRESS RELEASE - Central Bank to exchange Irish notes and coins indefinitely, 30 December.
Central bank to exchange Irish money indefinitely
The central bank of Ireland has said that it will continue to exchange Irish banknotes and coins into euros over the coming years.
ECB to study lending policies with survey
The European Central Bank will begin conducting a quarterly survey next year of credit policies practised by banks operating in the 12-nation euro zone. The move comes just days after the Irish central bank warned lenders to stick within guidelines.
Greens win reprieve on Irish notes landfill site
The problem of what to do with the old legacy currencies replaced by the euro reared its head in Ireland as the central bank bowed to pressure and agreed to look again at what it was doing with the old Irish punts and not just dump them in landfill sites.
German coins make their mark in the eurozone
GERMANY - Though recent surveys suggest many Germans want their old marks back, it looks like German minted euro coins are poised to flood across borders. Because a third of all euro coins are produced with German national images on the reverse some…
New financial regulator chief named in Ireland
IRELAND - The new Irish Financial Services Regulatory Authority has appointed Liam O'Reilly, a member of the ECB Banking Supervision Committee, as its chief executive.
Irish Yes vote clears obstacle to EU enlargement
IRELAND - Ireland yesterday ratified the Nice treaty at the second attempt, with an emphatic Yes vote that removes the biggest obstacle in the path to the enlargement of the European Union.
Ireland set for yes vote on Nice Treaty
IRELAND - Ireland looks to be on course to ratify the Nice Treaty, which paves the way for enlargement of the European Union, according to the last opinion poll before tomorrow's referendum.
Irish central bank accused of acting like Rambo
IRELAND - Insurance brokers have accused the Central Bank of acting as a 'Rambo regulator' which discriminates against smaller brokerage operations.