New €10 Note out Today

A  new €10 banknote will enter into circulation across Ireland and the eurozone today. The new €10 notes will circulate alongside the existing €10 notes. There is no change to the status of existing €10 notes which will remain legal tender. This €10 note is the second in the ‘Europa series’ of banknotes, following the […]
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ECB Interest Rate Held at 0.5%

The European Central Bank left it’s  key interest rate unchanged at 0.5 %, as expected, today .  It was hinted by the ECB president that it was ready to cut interest rates  if needed . ECB President Mario Draghi said the  Governing Council did discuss a possible interest rate cut at its monthly meeting, partly […]
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ECB Interest Rate Cut Possible Today

Mario Draghi, president of the European Central Bank, takes centre-stage again today as the ECB gathers in  Bratislava for its monthly meeting. With the eurozone economy shrinking and unemployment at record highs, there’s strong expectation that the ECB will cut interest rates from 0.75% to 0.5% today. A cut would be good news for people […]
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