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
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 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
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
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
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
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
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
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
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
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 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
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
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
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 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
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
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
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
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
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
Lagarde at IMF not bad for Ireland - MinisterDUBLIN WON’T back French finance minister Christine Lagarde for the leadership of the International Monetary Fund in advance …Tue May 24 2011 - 01:00
Whispers over clout and credibility as Juncker goes on solo runEUROPEAN DIARY: The euro group leader’s talk of ‘soft restructuring’ for Greek debt, and a few other missteps, have led some…Tue May 24 2011 - 01:00
President's call for phased talks questionedBARACK OBAMA’S renewed effort to tackle the Arab-Israeli conflict brings Washington closer to European policy on the Middle East…Sat May 21 2011 - 01:00
Bond sale for Irish bailout may be delayed over rate disputeTHE EURO-ZONE rescue fund is likely to postpone its next bond sale for Ireland’s EU-International Monetary Fund bailout until…Fri May 20 2011 - 01:00
Banks to have role in Greek initiativeGOVERNMENTS IN Europe are preparing to press the banks they support to avoid dumping Greek debt as part of their latest effort…Fri May 20 2011 - 01:00
Leaders hail a 'committed and outstanding European'EUROPE: EU LEADERS paid tribute to Garret FitzGerald yesterday with the European Council, the EU Commission and the European…Fri May 20 2011 - 01:00
Commission taking Ireland to court over septic tanksTHE EUROPEAN Commission is taking Ireland to court for a second time over the absence of long-overdue legislation to ensure adequate…Fri May 20 2011 - 01:00
ECB warns of disaster if Greek debt revampedTHE DECISION of EU finance ministers to soften their opposition to any “restructuring” of Greek debt stoked fresh tension with…Thu May 19 2011 - 01:00
EU concedes Greek debt could be restructuredThe European authorities acknowledged the possibility of Greek debt “restructuring” for the first time as the country’s leaders…Wed May 18 2011 - 01:00
'Reprofiling' Greece's debts may only serve to postpone day of reckoningDespite growing fears, ministers hope a ‘hard’ default of Greek debt is not on the horizonWed May 18 2011 - 01:00
EU concedes Greek debt could be restructuredTHE EUROPEAN authorities acknowledged the possibility of Greek debt “restructuring” for the first time as the country’s leaders…Wed May 18 2011 - 01:00
Noonan says deal on bailout interest rate would be good for EUMINISTER FOR Finance Michael Noonan has said Ireland and other bailout recipients should be given a lower rate of interest on…Wed May 18 2011 - 01:00
IMF approves €1.58bn for IrelandTHE INTERNATIONAL Monetary Fund yesterday praised the Government’s efforts to dig Ireland out of the economic crisis and said…Tue May 17 2011 - 01:00
Merkel rules out sovereign default in euro zone before 2013GREECE CAME under fresh pressure from its euro zone sponsors yesterday over the lack of progress in its troubled bailout, as …Tue May 17 2011 - 01:00
Charges against IMF's key player disrupt sensitive talks on Greek crisisDOMINIQUE STRAUSS-KAHN’S arrest disrupts sensitive talks on the Greek financial crisis as the IMF chief is a prime player in …Mon May 16 2011 - 01:00
Rehn warns of big risks as growth forecast cutTHE EUROPEAN Commission warned of “considerable risks” to Ireland’s economic outlook as it cut its forecast for growth this year…Sat May 14 2011 - 01:00
EU queries Danish plan to tighten border controlsTHE EU Commission has questioned the legality of moves by Denmark to tighten its border controls, an initiative which adds to…Sat May 14 2011 - 01:00
ECB contender carries serious clout and respect among his peersGERMAN CHANCELLOR Angela Merkel’s support for Mario Draghi’s presidential nomination to the European Central Bank makes it a …Thu May 12 2011 - 01:00
Merkel plays for time as Greek protests turn violentGERMAN CHANCELLOR Angela Merkel has insisted she will not be rushed into any move to boost the Greek bailout plan, playing for…Thu May 12 2011 - 01:00
Germany wary of bearing gifts for GreeksJUST OVER a year after Greece was plucked from the edge of the abyss by the first sovereign rescue in the euro zone, the country…Thu May 12 2011 - 01:00
