Euro zone in recession, commission declaresTHE EUROPEAN Commission yesterday said the euro zone had entered its second recession in three years.Fri Feb 24 2012 - 00:00
Greece to proceed with bond offerGreece's government will make a formal offer today to holders of government debt to take part in a swap for new securities, a…Fri Feb 24 2012 - 00:00
Hungary feels wrath of Rehn as new economic order takes holdEUROPEAN DIARY : The EU’s economics commissioner has stepped up action against Budapest, proposing to suspend €495 million in…Thu Feb 23 2012 - 00:00
Rating cut comes as Greece seeks to cut €107bn off debtGREECE HAS seen its credit rating cut as the country races to complete preparations for a deal to trim its debt by up to €107…Thu Feb 23 2012 - 00:00
Fresh package unlikely to ensure salvation of stricken countryANALYSIS : EUROPE LAST night appeared set to finally back a second EU-IMF bailout for Greece: an agonising effort riddled with…Tue Feb 21 2012 - 00:00
EU leaders in final effort to tie up Greek bailout loose endsTHE EUROPEAN powers embark on a final push this weekend to complete the second Greek bailout, an effort dogged by lingering anxiety…Sat Feb 18 2012 - 00:00
ECB 'played role' in Irish crisisTHE EUROPEAN Central Bank should recognise its own failings in the events behind Ireland’s financial crash, Minister for Social…Sat Feb 18 2012 - 00:00
Commissioner alert to consequences of famine and disasterEUROPEAN DIARY: Kristalina Georgieva, who holds the EU brief for humanitarian aid, is keeping a close eye on the Horn of Africa…Thu Feb 16 2012 - 00:00
Greek bailout delayed again as talks cancelledTHE PROTRACTED negotiation of the second Greek bailout hit yet another roadblock last night as euro zone finance ministers scrapped…Wed Feb 15 2012 - 00:00
EU presses Greek party leaders to back bailoutTHE EU authorities pressed Greek leaders to back the country’s second bailout but a spate of government defections means technocrat…Sat Feb 11 2012 - 00:00
Seconds out for Athens as EU chiefs consider default spectreThe Germans say Greek default would mean huge risk, but the issue is being debated quietlySat Feb 11 2012 - 00:00
Greek deal not related to Irish case, says NoonanTHE GOVERNMENT will not seek to emulate any concession the European Central Bank makes to Greece to reduce its national debt, …Fri Feb 10 2012 - 00:00
Much still in balance as Greek art of wavering prompts cautionANALYSIS : Several tricky questions remain to be settled, not least the ECB’s involvement in the dealFri Feb 10 2012 - 00:00
Right to report on celebrities upheld in certain casesEUROPEAN human-rights judges have upheld the right of the media to report on the private lives of celebrities in certain circumstances…Wed Feb 08 2012 - 00:00
Commissioner's warning: Euro zone can live without GreeceA SENIOR member of the European Commission has suggested the euro zone could survive the departure of Greece.Wed Feb 08 2012 - 00:00
Plans for euro exit under review, says EU commissionerCONTINGENCY: GREEK EU commissioner Maria Damanaki has said contingency plans for her country to leave the euro if it defaults…Tue Feb 07 2012 - 00:00
EU meeting cancelled over opposition to bigger bailoutEU OFFICIALS scrapped plans for a meeting of euro zone finance ministers next Monday to discuss the situation in Greece as anxiety…Sat Feb 04 2012 - 00:00
Race is on to secure Greek bailout deal this weekendTALKS ON Greece’s second international bailout are into the endgame as officials work to conclude a complex debt restructuring…Fri Feb 03 2012 - 00:00
The last thing Kenny wants is a referendumOPINION: Parts of the pact were explicitly drafted to give the Coalition a chance of avoiding a voteFri Feb 03 2012 - 00:00
Fiscal treaty more about 'self-control' - Van RompuyEUROPEAN COUNCIL president Herman Van Rompuy said the new fiscal treaty was more about “self-control” than austerity, as MEPs…Thu Feb 02 2012 - 00:00
Treaty would bind us even after State regains its feetOversight promised under the pact would severely restrict elected governments’ room for decision-makingWed Feb 01 2012 - 00:00
Pressure on states with frail finances to ratify treatyANALYSIS: Europe’s new pact, strongly backed by the German chancellor, is designed to toughen up enforcement of EU rulesWed Feb 01 2012 - 00:00
25 EU states agree treaty to toughen budget rulesTHE GOVERNMENT will ask Attorney General Máire Whelan today to prepare formal legal advice on whether a referendum is required…Tue Jan 31 2012 - 00:00
Huge questions remain over response to debt crisisANALYSIS : The problem of Greece and its failure to introduce reform is just one that is no nearer being resolved than everTue Jan 31 2012 - 00:00
Ireland signs joint proposal on EU growthTHE GOVERNMENT has aligned itself with Britain, the Netherlands, Sweden, Finland and Estonia, in a joint proposal to EU leaders…Mon Jan 30 2012 - 00:00
Prospects of avoiding automatic plebiscite advanceMINISTER OF State for Europe Lucinda Creighton said in Brussels yesterday that early ratification by Ireland of a new fiscal …Sat Jan 28 2012 - 00:00
Coalition intends to ratify fiscal pact in 2012 even if vote neededTHE GOVERNMENT wants to ratify Europe’s fiscal treaty this year even if a referendum is required to endorse the pact.Sat Jan 28 2012 - 00:00
Tension between IMF and Europe amid efforts to restart talks on Greek bailoutDIVISIONS BETWEEN the International Monetary Fund and Europe over the debt crisis spilled out into the open as the IMF pressed…Thu Jan 26 2012 - 00:00
Time running out as EU again finds itself waiting for MerkelEUROPEAN DIARY: EU LEADERS are getting ready for their first summit of the year next Monday, a meeting at which they hope to…Thu Jan 26 2012 - 00:00
EU seeks new economic reforms from GreeceTHE EU authorities are seeking a new set of binding commitments from Greek leaders to reform their economy during its second …Wed Jan 25 2012 - 00:00
Europe non-committal on Irish debt requestTHE EU authorities have adopted a non-committal response to the Government’s request for measures to cut the cost of the €63 …Wed Jan 25 2012 - 00:00
EU sets July date for embargo on Iranian oilEU FOREIGN ministers moved to ban oil and oil product imports from Iran as Europe stepped up its campaign against the country…Tue Jan 24 2012 - 00:00
Noonan seeks cut in cost of bank rescueMinister for Finance Michael Noonan met EU economics commissioner Olli Rehn today to press the Government’s case to ease the…Tue Jan 24 2012 - 00:00
Government moves to cut cost of €63bn bank rescue packageTHE GOVERNMENT is stepping up its campaign to cut the cost of the €63 billion bank rescue package as it seeks to take advantage…Tue Jan 24 2012 - 00:00
Gilmore says Anglo critics do not grasp default ramificationsCRITICS OF the Government who claim it should not pay a €1Tue Jan 24 2012 - 00:00
Treaty need not affect Constitution - GilmoreEUROPE’S PROPOSED new fiscal treaty has no “appropriate” place in the Constitution, the Government has argued.Sat Jan 21 2012 - 00:00
Europe still divided over key aspects of fiscal treatyEUROPEAN GOVERNMENTS remain divided over key elements of their new fiscal treaty as they face into the final phase of talks on…Sat Jan 21 2012 - 00:00
EU to speed up plan for common tax baseEUROPE’S TAX commissioner is moving to accelerate the adoption of a pan-EU business tax system, an initiative viewed with deep…Sat Jan 21 2012 - 00:00
Merkel's treaty demands pile pressure on TaoiseachTHE NEGOTIATION of Europe’s new fiscal treaty is into the final strait as EU leaders push for a deal at a summit in Brussels …Fri Jan 20 2012 - 00:00
Downgrade of EU's bailout fund prompts yet more confusionEUROPEAN DIARY: Does the rating loss for the EFSF mean a reduction in its lending power? Don’t expect the same answer from Brussels…Thu Jan 19 2012 - 00:00
Bankers in crucial talks to prevent default by GreeceEFFORTS TO prevent the looming threat of a Greek default will resume in Athens today as global banks return for fresh talks on…Wed Jan 18 2012 - 00:00
Call for benefits of pact to be spelt outGERMANY AND other wealthy EU states should make it clear to bailout recipients such as Ireland that further help will be available…Wed Jan 18 2012 - 00:00
Euro zone rescue fund loses its top credit ratingTHE EU authorities suffered a fresh blow to their effort to prop up the euro zone last night as Standard & Poor’s stripped…Tue Jan 17 2012 - 00:00
High price for rejecting fiscal treaty, warns SutherlandANY EURO zone country which fails to ratify Europe’s new fiscal treaty could be driven out of the single currency due to soaring…Tue Jan 17 2012 - 00:00
Schulz looks to have European Parliament lead role wrapped upGERMAN social democrat MEP Martin Schulz, one of the most bombastic figures in European politics, appears unassailable in his…Tue Jan 17 2012 - 00:00
EU bailout fund set for €1.5bn debt auctionEUROPE’S BAILOUT fund will attempt to shake off Standard & Poor’s downgrading of France and Austria by moving ahead tomorrow…Mon Jan 16 2012 - 00:00
Latest treaty draft dilutes 'golden rule' requirementEUROPEAN NEGOTIATORS are reviewing a new draft of an international treaty to toughen the enforcement of EU budget rules as talks…Thu Jan 12 2012 - 00:00
Danes move in to burn bondholders where Ireland fears to treadEUROPEAN DIARY : While Denmark’s burden sharing policy has been honed, senior creditors are still liable to take hitThu Jan 12 2012 - 00:00
Diplomatic service beset by teething problemsEU FOREIGN policy chief Catherine Ashton has reported serious teething problems in her nascent diplomatic service, saying the…Sat Jan 07 2012 - 00:00
Key MEPs question crucial parts of European treaty textA TRIO of leading MEPs has taken issue with core strands of a draft international treaty to toughen Europe’s budgetary rules, …Fri Dec 30 2011 - 00:00
