Merkel plays down talk of new EU debt initiativeGERMAN CHANCELLOR Angela Merkel rejected a growing clamour to widen her response to Europe’s debt crisis as she and the leaders…Sat Jun 23 2012 - 01:00
Noonan rules out tax on financial transactionsMINISTER FOR Finance Michael Noonan said Ireland will not adopt a new European tax on financial transactionsSat Jun 23 2012 - 01:00
Lessons should have been learned from Ireland, says NoonanIRISH REACTION: EUROPE SHOULD have learned lessons from Ireland’s banking debacle when agreeing an international bailout for…Fri Jun 22 2012 - 01:00
Euro zone ministers at odds over Spain planEURO ZONE finance ministers struggled yesterday to advance their rescue plan for Spain’s crippled banks as the new Greek government…Fri Jun 22 2012 - 01:00
IMF chief warns euro's survival at stake if swift action not takenTHE INTERNATIONAL Monetary Fund has warned that the viability of the euro is under threat and called on governments and the European…Fri Jun 22 2012 - 01:00
Resistance to plan to renew EU job-loss schemeTHE GOVERNMENT is campaigning with several other European countries to renew an EU funding scheme for workers made redundant …Fri Jun 22 2012 - 01:00
EU would start from scratch on bid by RyanairANY EXAMINATION of Ryanair’s new bid for Aer Lingus by EU competition commissioner Joaquín Almunia would start from scratch with…Thu Jun 21 2012 - 01:00
Crunch time on debt approaching rapidly for Europe's leadersEUROPEAN DIARY: There is growing talk about new measures to suspend normal rules of play on bond marketsThu Jun 21 2012 - 01:00
EU plans financial strategy to target human traffickersTHE EU authorities plan to advance in-depth financial investigations into human traffickers in a drive to boost the prosecution…Wed Jun 20 2012 - 01:00
No respite in sight as pressure on Spain intensifiesMARKET PRESSURE on Spain intensified, raising more questions over Europe’s rescue of its banks, as EU leaders awaited a new pro…Wed Jun 20 2012 - 01:00
Merkel under fresh pressure to step up EU crisis responseGERMAN CHANCELLOR Angela Merkel is facing fresh pressure from world leaders to step up Europe’s response to the debt crisis as…Tue Jun 19 2012 - 01:00
Creation of European banking union 'pro-consumer' - BrutonTHE ESTABLISHMENT of a European banking union would be a “pro-consumer” move but care should be taken to avoid isolating Britain…Tue Jun 19 2012 - 01:00
Finance ministers call for swift new Greek governmentEUROPEAN REACTION: EURO ZONE finance ministers called for the swift formation of a Greek government pledged to execute the country…Mon Jun 18 2012 - 01:00
Pro-bailout parties on course for Greek election victoryGREEK CENTRE-RIGHT leader Antonis Samaras was on course last night to seize a tight victory in a crucial election rerun, a result…Mon Jun 18 2012 - 01:00
Even if Greeks do not leave, EU must escape fiscal mireOPINION: Paris and Berlin are at odds as a shaky edifice must somehow solidify its crumbling unionSat Jun 16 2012 - 01:00
Berlin push for fiscal union could lead to new treaty voteEUROPEAN OFFICIALS are examining a new revision of the EU treaties to create a “fiscal union” in which member states would transfer…Sat Jun 16 2012 - 01:00
Germany presses for transfer of fiscal powers to EUGERMANY IS pushing to intensify the transfer of national fiscal powers to Europe in return for measures to develop a “banking…Thu Jun 14 2012 - 01:00
Cloud over Europe as Greek voters prepare next chapterEUROPEAN DIARY: Some in Athens appear set to call Brussels’s bluff on SundayThu Jun 14 2012 - 01:00
Spain insists it will continue to tap private debt marketsSPAIN REITERATED its determination to continue tapping private debt markets for day-to-day funds as financial markets delivered…Tue Jun 12 2012 - 01:00
Bailout for banks has conditions for Spanish state policyTHE GOVERNMENT is preparing to intensify its campaign to cut the cost of rescuing Anglo Irish Bank after Spain failed to secure…Tue Jun 12 2012 - 01:00
Spanish bailout conditions setback for Irish hopesTHE EUROPEAN bailout of Spain will proceed without direct aid for the country’s banks, dealing a blow to Dublin’s campaign to…Mon Jun 11 2012 - 01:00
Ministers confident Madrid will stick to targetsEU REACTION: EURO ZONE finance ministers said they were confident Spain would honour its existing fiscal commitments because…Mon Jun 11 2012 - 01:00
Madrid must drop all pretence as its moment of need has arrivedANALYSIS: Spain looks set to get a limited package of aid, with money ringfenced for banks, not the stateSat Jun 09 2012 - 01:00
Spain expected to seek EU bailout for failing banksEUROPE IS on the verge of bailing out a fourth member of the single currency, as expectation intensifies that Spain will soon…Sat Jun 09 2012 - 01:00
Spain completes key bond sale amid preparations for bank bailout planSPAIN DEFIED the gloom over its shaky finances to complete a key bond sale as discreet preparations continued for a bailout plan…Fri Jun 08 2012 - 01:00
Ireland on way back to private debt markets, says DraghiEUROPEAN CENTRAL Bank chief Mario Draghi insisted Ireland was well on its way back to private debt markets but said the vote …Thu Jun 07 2012 - 01:00
ECB resists pressure to reduce interest rateTHE EUROPEAN Central Bank pushed back against the clamour for more emergency interventions to contain the sovereign debt crisis…Thu Jun 07 2012 - 01:00
Some in Brussels fear euro zone crisis moment approachingEUROPEAN DIARY: While EU leaders breathed a sigh of relief at the Irish vote there is still huge uncertainty and the next few…Thu Jun 07 2012 - 01:00
Spain admits it needs external aid for its banksSPAIN EDGED closer to an international bailout after the country declared it will need emergency aid from Europe to rescue its…Wed Jun 06 2012 - 01:00
EU Commission unveils proposals on bondholder 'bail-ins' for banksTHE EUROPEAN Commission unveils draft legislation today that will give member states the power to impose bank bailout costs on…Wed Jun 06 2012 - 01:00
EU socialists refused Labour MEPs' treaty funds requestTHE MAIN socialist group in the European Parliament refused additional funding to the three Irish Labour MEPs for the fiscal …Tue Jun 05 2012 - 01:00
Referendum 'important step' on debt issue - GilmoreRatification of the fiscal treaty referendum was an "important step" in the move to address bank debt, but was not the only step…Sun Jun 03 2012 - 01:00
Kenny seeks bank debt deal from Merkel after Yes voteTaoiseach Enda Kenny has told German chancellor Angela Merkel he wants a deal on the Irish bank debt following the decision of…Sat Jun 02 2012 - 01:00
Q&A: What the yes vote means for IrelandIreland voted Yes for the fiscal treaty. How was the result greeted in Brussels? With considerable reliefSat Jun 02 2012 - 01:00
Rehn warns of threat still facing the euroTHE TURMOIL in the euro zone prompted yet another dire warning as EU economics commissioner Olli Rehn declared for a second time…Sat Jun 02 2012 - 01:00
MEPs welcome referendum resultIrish EU commissioner Máire Geoghegan-Quinn said the vote for the fiscal treaty was a strong statement of support for the restoration…Fri Jun 01 2012 - 01:00
ECB chief hopes bailout fund will aid banks directlyEUROPEAN CENTRAL Bank chief Mario Draghi has expressed guarded optimism that Europe’s bailout fund will be used to directly rescue…Fri Jun 01 2012 - 01:00
European Commission pushes for bailout fund for banksTHE EUROPEAN Commission has thrown its weight behind the growing clamour for Europe’s bailout fund to be given powers to provide…Thu May 31 2012 - 01:00
'Significant progress' by Ireland in implementing bailoutTHE EUROPEAN Commission has urged the Government to continue its steadfast execution of the EU-IMF bailout plan to minimise Ireland…Thu May 31 2012 - 01:00
EU begins inquiry into Ryanair contracts with French airportEU COMPETITION commissioner Joaquín Almunia has begun an in-depth, state-aid examination into some of Ryanair’s arrangements …Thu May 31 2012 - 01:00
ECB resists Madrid's call for interventionSPAIN ENDURED another day of turmoil as the European Central Bank rebuffed calls from the Madrid authorities to revive its emergency…Wed May 30 2012 - 01:00
Yes vote would strengthen State's position, says CreightonYES CAMPAIGN: MINISTER OF State Lucinda Creighton said a Yes vote on Thursday would “undoubtedly” strengthen the Government’…Wed May 30 2012 - 01:00
EC warns of 'major challenges'The European Commission has urged the Government to continue its steadfast execution of the EU-IMF bailout plan to minimise Ireland…Wed May 30 2012 - 01:00
Rising Spanish borrowing costs add to funding fearSPAIN FACED the consequence of increased state support for its stricken banks as a spike in its borrowing costs raised yet more…Tue May 29 2012 - 01:00
EU complains about Argentina restrictionsThe EU has initiated a legal complaint in the World Trade Organisation against Argentina’s import restrictions, a move which …Sat May 26 2012 - 01:00
Spanish crisis grows as Bankia seeks more aidSPAIN’S FINANCIAL crisis deepened as the stricken lender Bankia sought a bigger government bailout and the prosperous region …Sat May 26 2012 - 01:00
Germany and France at odds as euro falls amid market turmoilEU LEADERS sought to advance a new plan to stimulate economic growth as Germany and France laid out opposing strategies to tackle…Thu May 24 2012 - 01:00
Germany and France at odds as euro fallsEU leaders sought to advance a new plan to stimulate economic growth as Germany and France laid out opposing strategies to tackle…Thu May 24 2012 - 01:00
Coalition expects EU summit growth focus will boost Yes sideTHE GOVERNMENT is confident that the focus on growth at today’s EU summit in Brussels will boost the prospects of a Yes vote …Wed May 23 2012 - 01:00
Ireland's tax revenue compared to GDP is second lowest in euro zoneIRELAND RANKS among the EU countries with the lowest tax revenues and only Slovakia has lower revenues in the euro zone, a new…Tue May 22 2012 - 01:00
