Clash with IMF blocks battle against debtEU finance ministers struggled to achieve progress in the battle against the debt crisis amid a schism with the International…Wed Nov 14 2012 - 00:00
Budget talks run aground againEfforts to settle an EU budget for 2013 ran aground for the second time in four days.Wed Nov 14 2012 - 00:00
Noonan says Anglo deadline is MarchMinister for Finance Michael Noonan left open the possibility of a deal to recast the debts of Anglo Irish Bank before next month…Tue Nov 13 2012 - 00:00
Greek loan delayed on signs more aid neededThe euro zone powers played hardball again with Greece, delaying the release of critical rescue loans as a new report said the…Tue Nov 13 2012 - 00:00
Death-dance continues in Brussels as Greece keeps spinning out of controlANALYSIS: The objective remains to finally pull Greece back from the edge of the fiscal precipice.Tue Nov 13 2012 - 00:00
EU and IMF clash over Greek dealDivisions between the European powers and the International Monetary Fund over the rescue plan for Greece spilled into the open…Tue Nov 13 2012 - 00:00
Negotiations to decide 2013 EU budget stallTalks on the EU budget for next year broke down last night, a development which augurs badly for a separate negotiation in a …Sat Nov 10 2012 - 00:00
Prospects bleak for euro zone going into 2013, warns ECB chiefEuropean Central Bank chief Mario Draghi warned of a subdued economic outlook as the bank held interest rates steady and declared…Fri Nov 09 2012 - 00:00
New series of €5 notes due here in MayA new series of €5 notes will circulate in Ireland and the rest of the euro zone next May as the European Central Bank begins…Fri Nov 09 2012 - 00:00
EU budget plan a tall order for calculator crewEUROPEAN DIARY : European leaders are bracing for an almighty scrap over a new seven-year budget round for the EUThu Nov 08 2012 - 00:00
Rehn examining need for more austerity in 2013EU commissioner Olli Rehn will examine whether the Government should take additional budget measures next year after cutting …Thu Nov 08 2012 - 00:00
EU reactionEU leaders congratulated President Obama, saying they looked forward to continued co-operation with Washington during his second…Thu Nov 08 2012 - 00:00
EU auditors criticise European Commission spending error litanyThe European Union’s official audit body has again criticised a litany of spending errors in programmes managed by the European…Wed Nov 07 2012 - 00:00
Spain vetoes contentious ECB appointmentSpain has blocked the contentious appointment of Luxembourg’s central bank governor, Yves Mersch, to a top post in the European…Tue Nov 06 2012 - 00:00
Bundesbank sympathetic to Ireland's recoveryANDREAS DOMBRET is the equivalent of foreign minister for Germany’s mighty BundesbankFri Oct 26 2012 - 01:00
Ruling expected on Pringle's ESM legal challenge by year endEUROPE’S HIGHEST court is likely to rule before the end of the year on the legal challenge by Independent TD Thomas Pringle against…Wed Oct 24 2012 - 01:00
EU Commission split over female quota proposalAN EFFORT by Europe’s justice commissioner to bring forward binding quotas for female participation on corporate boards has run…Wed Oct 24 2012 - 01:00
Some kind of deal on bank debt still in playTHE FOCUS of Dublin’s campaign for debt relief now returns to finance ministers after a weekend of fevered diplomacy in which…Tue Oct 23 2012 - 01:00
Ireland's long campaign to cut the cost of the bailoutJanuary 2011: The Fianna Fáil-Green coalition pursues a cut in the interest rate on loans under the EU-IMF deal in November …Tue Oct 23 2012 - 01:00
Summit delivered 'good solid progress'TAOISEACH ENDA Kenny declared the outcome of the EU summit to be good for Ireland, but his remarks came before Angela Merkel …Sat Oct 20 2012 - 01:00
Merkel delivers big setback to Kenny's debt relief hopesGERMAN CHANCELLOR Angela Merkel has upended a carefully crafted plan to resolve Europe’s banking crisis, delivering a sharp setback…Sat Oct 20 2012 - 01:00
Merkel dents Kenny's hopes on debtAn appreciable deal for Ireland on debt would seem to be still a distant prospectSat Oct 20 2012 - 01:00
French prioritisation of EU banking union fuels tensions with GermanyTHERE WAS no concealing the friction between Angela Merkel and François Hollande as EU leaders gathered last evening to reignite…Fri Oct 19 2012 - 01:00
Taoiseach attempts to ignite stalled debt relief campaignTAOISEACH ENDA Kenny pushed last night to inject fresh impetus into his stalled campaign for debt relief but deepening divisions…Fri Oct 19 2012 - 01:00
Debt solution likely to prove elusive at latest EU leader summitEUROPEAN DIARY: THE EU won the Nobel Peace Prize last weekThu Oct 18 2012 - 01:00
Merkel's stance hits debt deal prospectsTHE PROSPECT of an early debt relief deal is receding as German chancellor Angela Merkel resists pressure to escalate her response…Thu Oct 18 2012 - 01:00
EU commissioner quits on foot of fraud inquiryMALTA’S MEMBER of the European Commission has resigned on foot of a fraud inquiry.Wed Oct 17 2012 - 01:00
EU steps up sanctions against Syria, IranEU FOREIGN ministers stepped up financial sanctions against Syria, intensifying their protest against the Assad regime’s violent…Tue Oct 16 2012 - 01:00
EU win seen as spur to overcome debt crisisTHE NOBEL peace prize has been won by the EU, an award seen as a spur to European leaders to intensify their efforts to overcome…Sat Oct 13 2012 - 01:00
Spain's bid to avoid bailout dealt blow by rating cutSPAIN’S EFFORT to avoid further rescue aid from Europe was dealt a new blow as a credit downgrade by Standard Poor’s led to renewed…Fri Oct 12 2012 - 01:00
ESM role in legacy debt to be discussed at EU summitEU LEADERS will attempt next week to give fresh impetus to their stalled rescue plan for the euro zone as pressure mounts on …Fri Oct 12 2012 - 01:00
British PM heading for fresh collision with EU over spendingEUROPEAN DIARY: THE BRITISH prime minister has threatened to wield his veto in imminent talks on the EU budget – and increasing…Thu Oct 11 2012 - 01:00
Noonan rejects EU financial tax plan due to fears over job lossesEUROPEAN FINANCE ministers have cleared the way for the first EU tax to be introduced in a limited number of member statesWed Oct 10 2012 - 01:00
Finance ministers launch permanent ESM bailout fundEURO ZONE finance ministers formally launched the €500 billion European Stability Mechanism, setting the permanent bailout fund…Tue Oct 09 2012 - 01:00
Noonan points to March for debt dealMINISTER FOR Finance Michael Noonan downplayed the prospect of any imminent deal to recast Ireland’s banking debt as he stressed…Tue Oct 09 2012 - 01:00
Despite the Minister's persistence, bank debt relief fell off formal agendaANALYSIS: IF THE Government’s campaign for bank debt relief had gone another way, this meeting in Luxembourg might have been…Tue Oct 09 2012 - 01:00
Noonan downplays prospect of early deal on bank debtMinister for Finance Michael Noonan downplayed the prospect of any imminent deal to recast Ireland’s banking debt as he stressed…Mon Oct 08 2012 - 01:00
Nuclear reactor tests prompt warningEUROPE’S NUCLEAR reactors need an investment of up to €25 billion to strengthen their resistance to earthquakes, floods, aircraft…Fri Oct 05 2012 - 01:00
ECB ready to aid states in trouble, says DraghiEUROPEAN CENTRAL Bank chief Mario Draghi declared the bank’s readiness to buy up sovereign bonds if Spain or any country seeks…Fri Oct 05 2012 - 01:00
Barroso calls for EU to abide by June dealEUROPEAN COMMISSION chief José Manuel Barroso urged EU leaders not to renege on their pledge to break the link between bank and…Thu Oct 04 2012 - 01:00
Separation of banking activities urgedAN EXPERT group chaired by Finnish central bank chief Erkki Liikanen has called for the mandatory separation of risky bank trading…Wed Oct 03 2012 - 01:00
Kenny pushes EU debt decisionTaoiseach Enda Kenny said it was always his understanding that a pledge by EU leaders to break the link between sovereign and…Wed Oct 03 2012 - 01:00
EU and IMF press Greece to clarify austerity planTHE GREEK government faced demands for further “clarifications” from the European Union-International Monetary Fund “troika” …Tue Oct 02 2012 - 01:00
France at odds with Germany over Irish bank 'legacy' debtGERMANY AND France are heading for a clash over Ireland’s bank debts as divisions deepen over the scope of a plan to use the …Sat Sept 29 2012 - 01:00
Germany, Netherlands reject Irish debt fearsGERMANY AND the Netherlands dismissed as unfounded Irish concerns about a statement in which they and Finland cast doubt over…Thu Sept 27 2012 - 01:00
Rearguard action on bank debt seems a setback for GovernmentEUROPEAN DIARY: The Government insists EU pledges on bank debt remain valid despite German-led resistanceThu Sept 27 2012 - 01:00
Coalition drive for debt relief on banks suffers setbackTHE GOVERNMENT’S campaign for debt relief was dealt a fresh blow yesterday as Germany, Finland and the Netherlands said national…Wed Sept 26 2012 - 01:00
Tánaiste urges EU to break sovereign and bank debt linkTÁNAISTE EAMON Gilmore has urged EU leaders to break the link between sovereign and bank debt, saying momentum must not be lost…Tue Sept 25 2012 - 01:00
Push to step up talks on ECB powersEUROPEAN COUNCIL president Herman Van Rompuy is pushing back against a German-led slowdown in talks to create a new euro zone…Sat Sept 22 2012 - 01:00
China pledges to continue buying euro zone bondsCHINA HAS promised to continue buying the sovereign bonds of euro zone countries as Europe battles its debt crisis.Fri Sept 21 2012 - 01:00
