Scepticism as Berlusconi opts to meet EU leaders instead of prosecutorsITALIAN PREMIER Silvio Berlusconi was supposed to meet Naples-based prosecutors yesterday as inquiries deepen into an alleged…Wed Sept 14 2011 - 01:00
Sarkozy feels heat as crisis spirals out of controlANALYSIS: French leader may soon have no alternative but to recapitalise banks – but where does it end?Wed Sept 14 2011 - 01:00
If Greece sinks, Ireland may be left with Stark alternativeEUROPEAN DIARY: Departing ECB figure’s call for Ireland to cut public sector pay and welfare reflects concern that Ireland could…Tue Sept 13 2011 - 01:00
Trichet warns of risks to euro zone growth recoveryOUTGOING EUROPEAN Central Bank chief Jean-Claude Trichet warned of “intensified downside risks” to the euro zone’s slowing recovery…Fri Sept 09 2011 - 01:00
Trichet hits out at German criticism of bank's effortsRENOWNED FOR his charm and impeccable decorum, Jean-Claude Trichet lost his cool yesterday as he took issue with German critics…Fri Sept 09 2011 - 01:00
ECB chief rejects Noonan plan on Anglo bond debtEUROPEAN CENTRAL Bank chief Jean-Claude Trichet has ruled out supporting Minister for Finance Michael Noonan in his push to avoid…Fri Sept 09 2011 - 01:00
Dutch calls for Greek exit option could have tragic consequences for IrelandANALYSIS: Exit of any nation could put tidal wave of pressure on euro zone’s other weaklingsFri Sept 09 2011 - 01:00
Noonan seeks ECB meeting over $1bn Anglo bond debtMINISTER FOR Finance Michael Noonan is seeking a meeting with European Central Bank president Jean-Claude Trichet as he attempts…Thu Sept 08 2011 - 01:00
Markets rally after German court rulingMARKETS RALLIED after Germany’s constitutional court upheld the legality of euro zone bailouts, despite growing concerns about…Thu Sept 08 2011 - 01:00
Noonan seeks meeting on AngloMinister for Finance Michael Noonan is seeking a meeting with European Central Bank president Jean-Claude Trichet as he attempts…Thu Sept 08 2011 - 01:00
Switzerland caps rising value of its currencyTHE SWISS National Bank set a cap on the relentless rise of the franc in a abrupt move to insulate Switzerland from the expanding…Wed Sept 07 2011 - 01:00
Eurobonds still touted as a panacea despite Berlin's resistanceEUROPEAN DIARY : As euro zone growth slows, the debate about commonly issued sovereign debt persistsTue Sept 06 2011 - 01:00
ECB chief urges swift political action as turmoil hits marketsOUTGOING EUROPEAN Central Bank chief Jean-Claude Trichet and his successor, Mario Draghi, yesterday demanded urgent political…Tue Sept 06 2011 - 01:00
European authorities aware of need for vigilanceThe threat is more complex and diversified but the response has also evolvedTue Sept 06 2011 - 01:00
Response 'legalistic and technical'Tánaiste Eamon Gilmore said he recognised the Vatican had apologised for the abuse scandals and expressed shame but said it still…Sat Sept 03 2011 - 01:00
European Council clears third round of loans to IrelandEUROPEAN GOVERNMENTS have cleared the release of the next round of rescue loans to the Government under Ireland’s bailout, bringing…Sat Sept 03 2011 - 01:00
Inspectors leave Greece after talks are suspendedTHE STRUGGLE to keep the ailing Greek economy afloat took a further turn for the worse as the EU-IMF “troika” abruptly suspended…Sat Sept 03 2011 - 01:00
EU lifts sanctions on Libyan firmsEUROPEAN GOVERNMENTS have lifted sanctions against 28 Libyan companies to help boost its economy after the six-month battle against…Fri Sept 02 2011 - 01:00
Pressure on Spain as IMF seeks action on weak financesTHE SPANISH government came under fresh pressure as the International Monetary Fund called for “additional action” to anchor …Sat Jul 30 2011 - 01:00
Banks report restrictive lending terms for businessIRISH BANKS reported “more restrictive” lending terms for business loans in new euro zone research, which found the prospects…Fri Jul 29 2011 - 01:00
Serbia and Kosovo urged to reduce tensions after violenceEU FOREIGN policy chief Cathy Ashton has called on Serbia and Kosovo to defuse tensions after two days of violence in the Serb…Fri Jul 29 2011 - 01:00
EU donates extra €27.8m to 'heartbreaking' SomaliaEUROPE’S HUMANITARIAN aid commissioner told of “heartbreaking” scenes in Somalia and Kenya as people succumb to starvation, exhaustion…Thu Jul 28 2011 - 01:00
War with France on corporate tax overKENNY PRESS CONFERENCE: TAOISEACH ENDA Kenny declared the Government’s conflict with France over corporate tax was at an end…Fri Jul 22 2011 - 01:00
Row over corporation tax 'over'Taoiseach Enda Kenny declared the Government’s conflict with France over corporate tax was over as euro zone leaders moved tonight…Thu Jul 21 2011 - 01:00
EU leaders agree to emergency summit over debt crisisEUROPEAN COUNCIL president Herman Van Rompuy has called an emergency summit of euro zone leaders next Thursday as it seeks to…Sat Jul 16 2011 - 01:00
EU leaders agree to debt summitEuropean Council president Herman Van Rompuy has called an emergency summit of euro zone leaders next Thursday as it seeks to…Sat Jul 16 2011 - 01:00
Commissioners expect weak banks to take 'necessary steps'EU REACTION: THE EU authorities responded to the stress tests results with a defence of their rigour and a direction to banks…Sat Jul 16 2011 - 01:00
An exercise designed to boost investor confidenceANALYSIS: The stress test aims to provide greater insight into the true state of the banks’ affairsSat Jul 16 2011 - 01:00
IMF urges tougher EU response to debt crisisTHE IMF is urging EU leaders to toughen their response to the debt debacle, pushing them to proceed quickly with the reforms …Fri Jul 15 2011 - 01:00
Corporate tax and bailout rate now separate - NoonanMINISTER FOR Finance Michael Noonan welcomed moves to overhaul Europe's bailout fund, saying the plan would cut the interest …Wed Jul 13 2011 - 01:00
EU's entire strategy hangs in the balanceANALYSIS: Greek contagion threatens to bring crisis to the core from the peripheryWed Jul 13 2011 - 01:00
Bailout logic set to buckle as Italian woes enter the frayANALYSIS: EU-IMF efforts to quell the debt crisis have unravelled and the problem just got biggerTue Jul 12 2011 - 01:00
A chance to show EU there's more to State than crippled banksEUROPEAN DIARY: With Ireland’s reputation on the floor, a quality candidate is needed for the EU’s audit bodyTue Jul 12 2011 - 01:00
EU considers radical moves as debt crisis escalatesEUROPEAN DIPLOMATS believe the intensity of market pressure on Italy and Spain may prompt EU leaders to contemplate a new round…Tue Jul 12 2011 - 01:00
More turmoil inevitable over the summer as Trichet is not for turningTrichet is under huge pressure to relax his unwavering resistance to any Greek defaultFri Jul 08 2011 - 01:00
EU to cut roaming charges for mobile phonesMILLIONS OF mobile phone users will benefit from lower “roaming” fees when travelling in Europe after the European Commission…Thu Jul 07 2011 - 01:00
Germany seeks to revive debt swap plansSOVEREIGN DEBT CRISIS: GERMANY IS trying to revive plans for a Greek debt swap as Europe battles to find a way of ensuring private…Thu Jul 07 2011 - 01:00
Portugal downgrade raises concernsThe Government's effort to rebuild investor confidence faces a new threat after a big rating downgrade on Portugal raised fears…Thu Jul 07 2011 - 01:00
Portuguese downgrade raises fresh concerns over IrelandTHE GOVERNMENT’S effort to rebuild investor confidence faces a new threat after a big rating downgrade on Portugal raised fears…Thu Jul 07 2011 - 01:00
Bankers in bid to reach deal on role in Greek bailoutSENIOR GLOBAL banking executives will gather in Paris this morning in a fresh attempt to broker a deal on private creditor participation…Wed Jul 06 2011 - 01:00
S&P says French plan for Greece a 'default'FRESH DOUBT was cast over the effort to prop up Greece yesterday as Standard Poor’s declared it would deem a French plan to extend…Tue Jul 05 2011 - 01:00
Ireland cautious as EU budget poses threat to farm paymentsEUROPEAN DIARY: Bailout leaves Ireland with weak hand in fiscal negotiationsTue Jul 05 2011 - 01:00
Ministers delay new Greek deal to autumnGREECE WAS warned that its sovereignty would be “massively limited” in the next phase of its bailout as euro zone finance ministers…Mon Jul 04 2011 - 01:00
EU ministers to confirm €12bn loan to GreeceEURO ZONE finance ministers will clear the release of a €12 billion rescue loan to Greece today, but they are struggling to resolve…Sat Jul 02 2011 - 01:00
EU ministers to approve Greek loanEuro zone finance ministers will clear the release of a €12 billion rescue loan to Greece later today, but they are struggling…Sat Jul 02 2011 - 01:00
Homeowners warned as Trichet signals likely interest rate riseTENS OF thousands of homeowners were put on notice that interest rates are likely to rise next week after European Central Bank…Fri Jul 01 2011 - 01:00
Ireland's share of EU farm budget under threatIRELAND’S SHARE of Europe’s agricultural budget came under threat last night as the European Commission sought a cap on direct…Thu Jun 30 2011 - 01:00
Halt to 'Soviet system of care' urgedUN CAMPAIGNERS have called on central and eastern European governments to stop the practice of placing infants in state-run homes…Wed Jun 29 2011 - 01:00
EU to back liquidation of Anglo and INBSTHE EUROPEAN Commission is today expected to endorse the “orderly” liquidation of Anglo Irish Bank and Irish Nationwide Building…Wed Jun 29 2011 - 01:00
Commission backs Anglo, INBS planThe European Commission has backed the liquidation of Anglo Irish Bank and Irish Nationwide Building Society, which have received…Wed Jun 29 2011 - 01:00
