All the updated news related to European Central Bank

All the news related to European Central Bank updated in real time

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National News

Further interest rate hikes on the way confirms chief economist

There will probably be several more interest rate increases this year and early next year, Chief Economist of the European Central Bank, Philip Lane said. He said these increases would be introduced before they are brought back to what he described ...

19 Sept 2022 at 11:55

National News

Shock for mortgage holders as ECB interest rates rise is double what was expected

Hundreds of thousands of mortgage holders will pay a higher monthly rate after the European Central Bank raised its key lending rate today by double what was expected. It had been anticipated that rates would increase by .25pc, but rates were ...

21 Jul 2022 at 15:39

Local News

Shock for mortgage holders in Waterford as ECB interest rates rise is double what was expected

Hundreds of thousands of mortgage holders in Waterford and across Ireland will pay a higher monthly rate after the European Central Bank raised its key lending rate today by double what was expected. It had been anticipated that rates would ...

21 Jul 2022 at 15:57

National News

Over 100% increase in people applying to switch mortgage providers

The amount of people looking to change mortgage provider to secure a lower interest rate has increased by over 100 per cent. The surge in people switching mortgage providers has come after the the European Central Bank announced a series ...

24 Nov 2022 at 14:54

National News

Ireland should not rely on corporate tax receipts, finance minister warns

The Minister of Finance has warned of the dangers of relying on high levels of corporate tax receipts, saying they create an “artificially benign picture” of the public finances. Paschal Donohoe said there is a clear need to pull back ...

20 Jun 2022 at 15:15

National News

ECB’s chief economist says inflation will fall later in 2022

Inflation is set to come down this year with current high rates part of a “pandemic cycle of inflation”, the European Central Bank’s chief economist has said. Data from Eurostat shows inflation across the Eurozone rose to 5% in ...

07 Jan 2022 at 17:42

National News

Varadkar urges Irish banks to raise savings rates after ECB interest rate hike

The Taoiseach has called on Irish banks to increase savings rates in response to the latest interest rate hike across the eurozone. Leo Varadkar said the 0.5% rise announced by the European Central Bank (ECB) on Thursday was ...

16 Mar 2023 at 21:29

National News

Government must reintroduce mortgage interest relief, says Sinn Fein leader

The government must not hesitate over reintroducing mortgage interest relief to help tens of thousands of homeowners on tracker loan deals, Mary Lou McDonald has said. The Sinn Fein leader said five interest hikes by the ...

08 Feb 2023 at 17:40

National News

Paschal Donohoe says ECB’s 2% inflation target is ‘realistic and achievable’

The Minister for Public Expenditure and Reform has warned that if the level of inflation does not come down quickly, “we will be even poorer for longer”. Paschal Donohoe said interest rate policy and decisions on ...

29 Mar 2023 at 17:41

National News

'We are not done' - Interest rates on the rise as European Central Bank announces new hike

The European Central Bank (ECB) has hiked interest rates by another half-point and said it intends to make a similar move in March. Policymakers are moving aggressively to choke off price spikes that have slowed ...

03 Feb 2023 at 11:13

Business

Europe’s central bank to hike rates for first time in 11 years

The European Central Bank (ECB) said on Thursday that it would carry out its first interest rate increase in 11 years next month, followed by another hike in September. The surprise announcement of two ...

09 Jun 2022 at 15:22

National News

Housing crisis not just confined to Ireland, Varadkar insists

A crisis in housing supply is not unique to Ireland and similar problems are being experienced in Britain and beyond, Leo Varadkar has insisted. The Taoiseach was commenting after issues related to ...

16 Jun 2023 at 15:29

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