Fear of contagion is palpable among anxious central bankersEUROPEAN DIARY: There is a sense that the fate of Greece has grave implications for everyone – in the euro zone and beyondTue Jun 28 2011 - 01:00
European leaders pledge support ahead of key voteGREEK PACKAGE: EUROPEAN LEADERS have pledged to stand by Greece as they step up efforts to recruit private creditors into a …Sat Jun 25 2011 - 01:00
Leaders call on Palestinians and Israelis to engage in peace talksMIDDLE EAST: EU LEADERS called on Israel and the Palestinians to engage urgently in a new round of peace talks, saying the “…Sat Jun 25 2011 - 01:00
Failure to swing votes may be Papandreou's Achilles' heelANALYSIS: EUROPEAN LEADERS have readied the ground for a second Greek bailout, but uncertainty surrounds the country’s fate – …Sat Jun 25 2011 - 01:00
A high-stakes game of political cat and mouseANALYSIS: The tension was palpable as leader after leader implored the Greeks to do the deedFri Jun 24 2011 - 01:00
MEPs' expenses regime criticisedAN INTERNAL audit report in the European Parliament has criticised a “recurrent lack of proof” in the system for paying MEPs’ …Thu Jun 23 2011 - 01:00
Papandreou readies austerity planGreek Premier George Papandreou has survived a confidence vote, pledging to execute drastic austerity measures as Athens confronts…Wed Jun 22 2011 - 01:00
Greek vote opens way to release of €12bn rescue loanGREEK PREMIER George Papandreou has survived a confidence vote, pledging to execute drastic austerity measures as Athens confronts…Wed Jun 22 2011 - 01:00
EU acts to ease Irish return to private debt marketsEU FINANCE ministers have taken steps to ease Ireland’s return to private debt markets, a move which reflects concern that the…Tue Jun 21 2011 - 01:00
Chink of light for Ireland amid gloom over solution for GreeceEUROPEAN DIARY : IT’S COLD, damp, cloudy and dark on the Kirchberg plateau, which overlooks the tiny city of LuxembourgTue Jun 21 2011 - 01:00
EU eases Irish return to marketsEU finance ministers have taken steps to ease Ireland’s return to private debt markets, a move which reflects concern that the…Tue Jun 21 2011 - 01:00
Deadline imposed on Greeks to back austerity planEURO-ZONE finance ministers imposed a 12-day deadline on the Greek parliament to back a drastic new austerity plan, saying MPs…Tue Jun 21 2011 - 01:00
Noonan anxious for Ireland to escape any contagionTHE GOVERNMENT wants to ensure any deal to settle the Greek debt debacle carries no risk of a “contagion effect” for Ireland, …Mon Jun 20 2011 - 01:00
Merkel's retreat ends bitter stand-off but solution to crisis still beyond reachANALYSIS: While Angela Merkel’s reversal should not be underestimated, it only moves one cogMon Jun 20 2011 - 01:00
EU finance ministers decide to withhold €12bn loan to GreeceEURO ZONE FINANCE ministers early this morning withheld the release of a €12 billion loan to Greece, saying they could not authorise…Mon Jun 20 2011 - 01:00
Pressure mounts on Greek cabinet to show unityGREEK POLITICAL leaders are coming under intense pressure from Europe and the International Monetary Fund to settle their differences…Fri Jun 17 2011 - 01:00
Athens's political chaos complicates EU bailout debateAS GREEK premier George Papandreou clings to power, EU leaders are desperately trying to stitch together a deal this weekend …Fri Jun 17 2011 - 01:00
European Council president comes to visit - just don't expect fanfareEuropean Council president Herman Van Rompuy arrives in Dublin today for talks with Taoiseach Enda KennyFri Jun 17 2011 - 01:00
Leading EU official says State bank guarantee a mistakeEUROPE’S COMPETITION commissioner has declared Ireland’s banking guarantee was a mistake whose sweeping scope served to concentrate…Fri Jun 17 2011 - 01:00
Almunia upbeat on future prospects for restructured Irish banking sectorINTERVIEW: Bank guarantee restricts Ireland’s power to burn bondholders, argues EU competition chiefFri Jun 17 2011 - 01:00
Greek PM to submit cabinet to confidence motionGREEK PRIME minister George Papandreou is poised to reshuffle his divided cabinet today and face a confidence motion as he tries…Thu Jun 16 2011 - 01:00
EU split over plan for second bailout of GreeceTHE GREEK financial crisis is stoking fresh divisions among European finance ministers as the EU authorities struggle to develop…Wed Jun 15 2011 - 01:00
EU finance ministers split on new bailout plan for GreeceThe Greek financial crisis is stoking fresh divisions among European finance ministers as the EU authorities struggle to develop…Wed Jun 15 2011 - 01:00
A year on, and the Belgians are in no rush to form a governmentEUROPEAN DIARY: The representatives of Wallonia and Flanders show no signs of compromising and some feel that only an external…Tue Jun 14 2011 - 01:00
Support for Croatia's accession to EU in 2013CROATIA HAS come within two years of EU membership after the European Commission called for the completion of entry talks with…Sat Jun 11 2011 - 01:00
State to opt into EU protection order, says ShatterMINISTER FOR Justice Alan Shatter signalled that Ireland will exercise its right to opt into looming EU legislation to enforce…Sat Jun 11 2011 - 01:00
Trichet to resist moves to restructure Greek debtTHE EUROPEAN Central Bank chief Jean-Claude Trichet said he will continue to resist any move to restructure Greek debt as new…Fri Jun 10 2011 - 01:00
Government warned not to backslide on bailout reformsCONCERNS THAT the Government is in danger of backsliding on key reforms linked to the EU-IMF bailout have been expressed by the…Fri Jun 10 2011 - 01:00
Drama in Greece adds to spotlight on IrelandThe situation in Athens carries a new threat to efforts at fixing Ireland’s addled economyFri Jun 10 2011 - 01:00
Papandreou presents austerity plan to cabinet as jobless figures hit 16.2%GREEK BAILOUT: GREEK PRIME minister George Papandreou faces a crucial test today as he presents swingeing new austerity and …Thu Jun 09 2011 - 01:00
Resistance to Greek austerity plan growsGREEK PREMIER George Papandreou faced open dissent within the ranks of his own administration as he struggled to win support …Wed Jun 08 2011 - 01:00
German finance minister admits Greek debt must be restructuredGERMANY appeared to concede last night that a restructuring of Greek debt is now unavoidable.Wed Jun 08 2011 - 01:00
Papandreou seeks support of colleagues for austerityGREEK PRIME minister George Papandreou sought cabinet support for tough new austerity measures yesterday as he prepared for difficult…Tue Jun 07 2011 - 01:00
EU may intervene in Greek tax system as €12bn loan approvedTHE EUROPEAN authorities have raised the prospect of external involvement in the Greek tax collection system as the EU, European…Sat Jun 04 2011 - 01:00
Challenge to Greek PM threatens move to solve debt crisisGREEK PREMIER George Papandreou is coming under pressure within his own party over the next phase of the country’s EU-IMF bailout…Fri Jun 03 2011 - 01:00
Greece close to securing vital €12bn EU-IMF fundingGREECE AND its international sponsors are close to a deal on the execution of delayed bailout reforms, clearing the way for the…Thu Jun 02 2011 - 01:00
Greek aid talks to be separate from bailout discussionEUROPEAN NEGOTIATORS have resolved to hold separate talks on the next €12 billion tranche of rescue aid for Greece from discussions…Wed Jun 01 2011 - 01:00
EU presses Greece on tougher packageEU AUTHORITIES are struggling to contain the worsening financial crisis in Greece as negotiators press for harsh conditions and…Tue May 31 2011 - 01:00
Doubts over Greek capacity to survive are hurting Ireland tooEUROPEAN DIARY: Greece seems likely to receive another reprieve from insolvency, but only at the cost of a humiliating erosion…Tue May 31 2011 - 01:00
EU presses Greece on aid packageGreece has agreed with EU, IMF and ECB inspectors on a value-added tax cut, a German coalition source said today, a move aimed…Tue May 31 2011 - 01:00
No light at end of the tunnel for Greece means dark clouds on Ireland's horizonANALYSIS: Greek debt crisis seems to be spinning out of control, which carries grave risks for IrelandSat May 28 2011 - 01:00
Britain says Sellafield plant will be stress testedTHE BRITISH government said the Sellafield nuclear plant will after all be subjected to a stress test in the wake of the Fukushima…Fri May 27 2011 - 01:00
Capture sustains Serbian progress on EU statusEUROPEAN REACTION : THE ARREST of indicted war criminal Ratko Mladic will give new impetus to Serbia’s bid to join the European…Fri May 27 2011 - 01:00
Britain to exclude Sellafield from EU nuclear stress testsTHE BRITISH authorities have decided to exclude the Sellafield nuclear reprocessing plant in Cumbria from an imminent round of…Thu May 26 2011 - 01:00
Commissioner warns Greece may exit euroGREEK EU commissioner Maria Damanaki has raised the prospect of her country being forced out of the euro zone if it does not …Thu May 26 2011 - 01:00
Irish face junk status if Greece restructuresCREDIT RATING agency Moody’s has warned that Ireland could be pushed further into financial turmoil if Greece restructures its…Wed May 25 2011 - 01:00
Testing days ahead as ash cloud conundrums persistANALYSIS: Although lessons were learned from last year’s eruption, the airlines still face challengesWed May 25 2011 - 01:00
EU aid to neighbours to be conditional on democratic reform, says AshtonEUROPEAN FOREIGN policy chief Catherine Ashton wants increased financial aid for the countries in the EU’s Mediterranean and …Wed May 25 2011 - 01:00
European Commission raises €3bn for Ireland at higher rateTHE EUROPEAN Commission raised a further €3 billion for Ireland’s EU-IMF bailout yesterday but at a higher interest rate than…Wed May 25 2011 - 01:00
