European Central Bank Governing Council member Gabriel Makhlouf said yesterday’s initial assessment of the euro-area economy’s health, combined with weaker consumer and business confidence, suggests “near-term headwinds” to growth.
European Central Bank Governing Council member Gabriel Makhlouf said yesterday’s initial assessment of the euro-area economy’s health, combined with weaker consumer and business confidence, suggests “near-term headwinds” to growth.
Gabriel Makhlouf, governor of the Central Bank of Ireland, at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Tuesday, April 14, 2026. The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severally damaged.
Ireland’s Ornua, the maker of Kerrygold butter, said higher costs resulting from the Middle East conflict are showing up in supply chains, in the latest warning that the war is driving food inflation.
Ireland’s Ornua, the maker of Kerrygold butter, said higher costs resulting from the Middle East conflict are showing up in supply chains, in the latest warning that the war is driving food inflation.
The US is one of the most significant markets for Ornua’s Kerrygold products. Photographer: Michael Nagle/Bloomberg
Ireland’s government announced a support package to ease the burden of rising fuel costs after public anger sparked a wave of protests and blockades across the country in the past week.
Ireland’s government announced a support package to ease the burden of rising fuel costs after public anger sparked a wave of protests and blockades across the country in the past week.
Protesters listen to speeches on O'Connell Street in Dublin on the sixth day of a National Fuel Protest against rising fuel prices, April 12.
ByteDance Ltd.’s TikTok has dropped plans to invest in a new Irish data center in a blow to the country’s reputation as a data center hub as it grapples with concerns over grid capacity.
ByteDance Ltd.’s TikTok has dropped plans to invest in a new Irish data center in a blow to the country’s reputation as a data center hub as it grapples with concerns over grid capacity.
TikTok offices in Dublin. Photographer: Niall Carson/PA Images/Getty Images
European Central Bank Governing Council member Gabriel Makhlouf didn’t rule out an increase in interest rates next month should data signal the need for such a step, though said it’s impossible to commit with uncertainty so high.
European Central Bank Governing Council member Gabriel Makhlouf didn’t rule out an increase in interest rates next month should data signal the need for such a step, though said it’s impossible to commit with uncertainty so high.
Gabriel Makhlouf Photographer: Paulo Nunes dos Santos/Bloomberg
European Central Bank Governing Council member Gabriel Makhlouf didn’t rule out an increase in interest rates next month should data signal the need for such a step, though said it’s impossible to commit with uncertainty so high.
European Central Bank Governing Council member Gabriel Makhlouf didn’t rule out an increase in interest rates next month should data signal the need for such a step, though said it’s impossible to commit with uncertainty so high.
Gabriel Makhlouf Photographer: Paulo Nunes dos Santos/Bloomberg
Irish Premier Micheál Martin will gift Donald Trump the traditional bowl of shamrock when he meets the US president for St. Patrick’s Day, part of a charm offensive as the nation seeks to safeguard an economic model built on US investment.
Irish Premier Micheál Martin will gift Donald Trump the traditional bowl of shamrock when he meets the US president for St. Patrick’s Day, part of a charm offensive as the nation seeks to safeguard an economic model built on US investment.
Michael Martin in Munich in 2025. Photographer: Alex Kraus/Bloomberg
Ireland’s Finance Minister said he is confident a long-awaited multi-trillion-euro European saving and investments union is close to getting over the line after years of sparring between member states over how it would work.
Ireland’s Finance Minister said he is confident a long-awaited multi-trillion-euro European saving and investments union is close to getting over the line after years of sparring between member states over how it would work.
Simon Harris on March 16. Photographer: Jason Alden/Bloomberg
Ireland’s Finance Minister said he is confident a long-awaited multi-trillion-euro European saving and investments union is close to getting over the line after years of sparring between member states over how it would work.
Ireland’s Finance Minister said he is confident a long-awaited multi-trillion-euro European saving and investments union is close to getting over the line after years of sparring between member states over how it would work.
Simon Harris on March 16. Photographer: Jason Alden/Bloomberg
Ireland’s Finance Minister said he is confident a long-awaited multi-trillion-euro European saving and investments union is close to getting over the line after years of sparring between member states over how it would work.
Ireland’s Finance Minister said he is confident a long-awaited multi-trillion-euro European saving and investments union is close to getting over the line after years of sparring between member states over how it would work.
Simon Harris on March 16. Photographer: Jason Alden/Bloomberg
European Central Bank Governing Council member Pierre Wunsch said he’s inclined for now to look past the jump in energy prices caused by the fighting in the Middle East.
European Central Bank Governing Council member Pierre Wunsch said he’s inclined for now to look past the jump in energy prices caused by the fighting in the Middle East.
European Central Bank Governing Council member Pierre Wunsch said he’s inclined for now to look past the jump in energy prices caused by the fighting in the Middle East.
European Central Bank Governing Council member Pierre Wunsch said he’s inclined for now to look past the jump in energy prices caused by the fighting in the Middle East.
Bank of Ireland Group Plc is withdrawing from the US market for leveraged acquisition financings as private credit has started to chip away at fees historically collected by traditional banks.
Bank of Ireland Group Plc is withdrawing from the US market for leveraged acquisition financings as private credit has started to chip away at fees historically collected by traditional banks.
A customer uses an ATM at a Bank of Ireland Group Plc branch in Belfast, Northern Ireland.
The Irish government should save more of its windfall from corporate taxes to make the public finances less vulnerable to future shocks, Central Bank of Ireland Governor Gabriel Makhlouf warned.
The Irish government should save more of its windfall from corporate taxes to make the public finances less vulnerable to future shocks, Central Bank of Ireland Governor Gabriel Makhlouf warned.
The Irish government should save more of its windfall from corporate taxes to make the public finances less vulnerable to future shocks, Central Bank of Ireland Governor Gabriel Makhlouf warned.
The Irish government should save more of its windfall from corporate taxes to make the public finances less vulnerable to future shocks, Central Bank of Ireland Governor Gabriel Makhlouf warned.
The Irish government should save more of its windfall from corporate taxes to make the public finances less vulnerable to future shocks, Central Bank of Ireland Governor Gabriel Makhlouf warned.
The Irish government should save more of its windfall from corporate taxes to make the public finances less vulnerable to future shocks, Central Bank of Ireland Governor Gabriel Makhlouf warned.
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