EghtesadOnline: Monetary economics has not broken down in the euro zone and a gradual recovery from the bloc's debt crisis will allow interest rates eventually to normalize, European Central Bank governing council member Philip Lane told an Irish newspaper on Saturday.

EghtesadOnline: There is likely to be a significant flight of financial activity out of Britain if companies are no longer regulated on equivalent terms to those in the European Union after Brexit, European Central Bank council member Philip Lane said on Friday.