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Central Bank Economic Letter finds that, while household deposits increased across all euro-area countries during the pandemic, Irish deposit growth was among the highest, exceeded only by Baltic countries. Unlike Ireland, these countries had very high pre-pandemic deposit growth, marking the Irish experience as exceptional. While the virus and related restrictions reduced spending, a higher […]
Governor of the Central Bank of Ireland Gabriel Makhlouf spoke this afternoon about current trends in the Irish, German and Eurozone economies, as well as opportunities and challenges in the financial system at an event hosted by the Consulate General of Ireland and IHK Frankfurt, in partnership with Verband der Auslandsbanken in Frankfurt, Europa Union […]
It is a pleasure to address you today. I would particularly like to thank our Consul General Anne-Marie Flynn for organising this event.1 German – Irish economic relationship Ireland and Germany have excellent relations, politically, culturally and economically. These relations have been documented as far back as the 7th century. When reading about the relationship, […]
Interview with Governor Makhlouf conducted 16 June 2022 Niall Brady: Okay, well listen thanks again for taking the time to talk to me. You had a very busy week, from what I see yesterday was a busy day for you. Gabriel Makhlouf: I’ve had a busy fortnight. Niall Brady: Really? Why a busy fortnight Gabriel […]
Shares of Bausch Health Companies Inc. BHC, -9.41% dropped 7.8% in morning trading Friday, toward a 27-year low, after the drug and medical device maker confirmed a disappointing court decision regarding its patents protecting Xifaxan for treating irritable bowel syndrome. The stock had plunged 41.2% on Thursday after Bloomberg reported that some of the patents […]
Shares of Amazon.com Inc. AMZN, +10.36% shot up 11.8% in morning trading Friday, in the wake of second-quarter results, to put them on for the best one-month gain in more than 15 years. The stock has run up 28.8% in July, to snap a three-month losing streak in which it tumbled 34.8%, amid growing concerns […]