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Ireland

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.

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…

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…

O'Connell swaps central bank for sporting role

FEATURE - Central banks aren't the only ones to hold gold. The Brazilian World Cup football team will tell you that, and they've got plenty in reserves over the years. But CentralBankNet learns that the, oh so, unlucky Irish team are set to receive help,…

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