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Gabriel Makhlouf tells the Finance Minister that the Budget must focus on building resilience to future shocks

Budget must focus on building resilience to new shocks

The Central Bank Governor has urged the Finance Minister to focus on three issues in next month's Budget as the economy continues to grapple with the effects of Covid-19.

Business • 16 Sep 20

Inflation may be higher than official measure: Makhlouf

The Governor of the Central Bank has said price inflation experienced by households may be higher than what is officially measured.

Business • 14 Sep 20

Gabriel Makhlouf briefed members of the Covid-19 committee on the overall fiscal and monetary position of the economy

Makhlouf uncomfortable on blanket approach to mortgages

The Governor of the Central Bank has said he is "uncomfortable" with any "blanket approach" to mortgage lending by banks which refuses loans to customers working for companies on the Temporary Wage Subsidy Scheme.

Coronavirus • 07 Jul 20

Central Bank Governor Gabriel Makhlouf said governments are facing 'fantastic levels of uncertainty'

Central Bank warns of unprecedented economic shock

The Central Bank has warned that the scale of the economic shock due to Covid-19 is "unprecedented" and will create pressure on the financial position of both borrowers and banks.

Business • 16 Jun 20

Central Bank Governor Gabriel Makhlouf said the impact of the Covid-19 pandemic will continue to be felt throughout society for some time

Central Bank reports profit of €2.56 billion for 2019

The Central Bank has recorded a profit of €2.56 billion for last year, €2.05 billion of which has been paid to the state.

Business • 27 May 20

Central Bank Governor Gabriel Makhlouf is working remotely from Greece

Covid payments timely but must be temporary - Makhlouf

Central Bank Governor Gabriel Makhlouf said the numbers of people being supported financially by the State because of the Covid-19 crisis are extraordinary.

Business • 08 May 20

Gabriel Makhlouf, the Governor of the Central Bank, has expressed scepticism about the prospects of a sharp v-shaped recovery

ECB ready to offer more support if needed - Makhlouf

The European Central Bank's actions so far to help cushion the economic fallout from the coronavirus pandemic shows it is ready to do more if needed, governing council member Gabriel Makhlouf has said.

Business • 16 Apr 20

Many Central Bank workers saw their pay increase last year due to the restoration of cuts made during the financial crisis

22% rise in Central Bank staff earning over €100,000

The numbers of staff earning over €100,000 at the Central Bank last year increased by 22%, or 46, to 256.

Business • 06 Apr 20

Central Bank Governor Gabriel Makhlouf was speaking at the European Financial Forum

Business 'must prepare for post-Brexit friction'

The Governor of the Central Bank has warned there is potential for a negative shock to the growth of the international economy in the short-term from the coronavirus.

Business • 12 Feb 20

Central Bank Governor Gabriel Makhlouf was before the Finance Committee today

Central Bank may continue to be 'annoying' - Makhlouf

The Governor of the Central Bank has said that under his leadership he is determined to ensure the practices, culture and behaviours of the past are not repeated.

Business • 05 Dec 19

Central Bank Governor Gabriel Makhlouf made his first public speech at the Waterford Institute of Technology today

Makhlouf says credit-house price spiral must be avoided

Central Bank Governor Gabriel Makhlouf has said that Ireland must avoid a return to the damaging credit-house price spiral of the past.

Business • 20 Nov 19

The new Central Bank Governor took up the post in September

Irish financial system ready for Brexit - Makhlouf

The Central Bank has done as much as it could have been expected to do to make sure the country's financial system is ready for whatever manner neighboring Britain leaves the European Union, its new governor said today.

Business • 15 Oct 19

Central Bank Governor Gabriel Makhlouf talked to students at Dundalk IT today

Border firms most vulnerable to hard Brexit - Makhlouf

The new Central Bank Governor said today said businesses in the border area are most vulnerable to a no-deal British departure from the European Union.

Business • 03 Oct 19

Gabriel Makhlouf took up his job this week as Ireland's new Central Bank Governor

Makhlouf understands budget leak controversy concerns

The new Governor of the Central Bank, Gabriel Makhlouf, has said he has learned from an investigation into his handling of IT scandal in New Zealand.

Business • 06 Sep 19

The Central Bank's new Governor Gabriel Makhlouf starts in Dublin this week

LISTEN: New Central Bank chief facing big challenges

Robert Shortt, Economic Correspondent, examines the challenges awaiting the new Governor of the Central Bank Gabriel Makhlouf as he takes up his new role this week.

Business • 02 Sep 19

Gabriel Makhlouf is due to take up his role at the Central Bank of Ireland in September

Central Bank boss says he agrees with probe findings

The new Governor of the Central Bank of Ireland has said he agrees in full with the conclusions of an investigation of his handling of the aftermath of the leaking of the national budget in New Zealand in May.

Business • 07 Aug 19

Incoming Central Bank Governor Gabriel Makhlouf

Incoming Central Bank Governor to be paid €286,790

The Central Bank has approved a salary of €286,790 for incoming Governor Gabriel Makhlouf, according to the minutes of the Central Bank's Commission meeting on May 29.

Business • 04 Jul 19

Finance Minister Paschal Donohoe says he is monitoring the changes in the markets

Donohoe says still intends to sell off bank stakes

The Minister for Finance has said it continues to be his objective to ensure the State does not remain long-term shareholders in the country's main banks.

Business • 01 Jul 19

Gabriel Makhlouf will be the first non-Irish national to become Governor of the Central Bank of Ireland

Makhlouf to take up Central Bank position as planned

The Minister for Finance has said the new Governor of the Central Bank will take up his position as planned in September.

Business • 27 Jun 19

Gabriel Makhlouf has been appointed to replace Philip Lane as Governor of the Central Bank of Ireland

Provision exists in law to end CBI Governor appointment

The Minister for Finance has said there is provision in law to give the Government the option to make a change to the appointment of a Central Bank of Ireland (CBI) Governor, in the case of very grave misconduct.

Business • 11 Jun 19

The commission in New Zealand is to probe Gabriel Makhlouf's actions and public statements

NZ to investigate incoming Central Bank governor

New Zealand's State Services Commission is to investigate questions raised about the country's Secretary to the Treasury, Gabriel Makhlouf, following the leaking of the secret national budget ahead of its official publication.

Business • 05 Jun 19

New Zealand's opposition has called for heads to roll over the leaking of the budget, including that of the chief of New Zealand's treasury department, Gabriel Makhlouf

Calls for heads to roll over New Zealand budget leaks

New Zealand today unveiled a $2.5-billion spending package under a much-hyped 'Wellbeing' budget, prioritising mental health and alleviating child poverty.

Business • 30 May 19

Sharon Donnery has been named as Acting Governor of the Central Bank of Ireland from June 1 to the end of August.

Central Bank names Donnery as Acting Governor

The Central Bank has appointed Sharon Donnery as Acting Governor from June 1 to the end of August.

Business • 10 May 19

New Zealand's Treasury Chief Gabriel Makhlouf is to become the Central Bank's new Governor

New Zealand's Makhlouf named new Central Bank chief

New Zealand's Treasury Chief Gabriel Makhlouf has been named as the Central Bank's new Governor.

Business • 02 May 19

Gabriel Makhlouf