Delay by EU-IMF team raises fears of Greek defaultGREECE HAS denied that it is discussing an “orderly” default on its sovereign debt with the International Monetary Fund and the…Tue Sept 27 2011 - 01:00
Moves to bolster Europe's banks as Greek default fears intensifyEUROPEAN GOVERNMENTS are expected to move, possibly as soon as this weekend, to provide fresh support for their banks as expectation…Sat Sept 24 2011 - 01:00
Geithner demands action from Europe on debt crisisUS Treasury Secretary Timothy FSat Sept 24 2011 - 01:00
State joins drive against EU proposal on lawyer accessTHE GOVERNMENT is campaigning with Britain, France, Belgium and the Netherlands against a draft EU directive which would create…Sat Sept 24 2011 - 01:00
Time running out for Greece and Europe as talk of default hardensANALYSIS: TENSION ESCALATES by the daySat Sept 24 2011 - 01:00
McGuinness 'unsuitable for Áras'Minister for Justice Alan Shatter said today Sinn Féin candidate Martin McGuinness was an “inappropriate” person to become President…Fri Sept 23 2011 - 01:00
Markets tumble as recession fears deepenGLOBAL MARKETS endured a torrid day yesterday as anxiety intensified about the euro zone debt crisis and a warning from the US…Fri Sept 23 2011 - 01:00
Greeks agree deep cuts to avoid defaultTHE GREEK cabinet has resolved to make deep cuts to public wages and pensions and put as many as 30,000 civil servants on notice…Thu Sept 22 2011 - 01:00
EU border agency accused of mistreating migrantsTHE EU authorities have brushed off claims by human rights campaigners that European agencies are responsible for exposing migrants…Thu Sept 22 2011 - 01:00
Geoghegan-Quinn says don't overlook sacrifices undertaken by IrishTHE DIFFICULTIES faced daily by the Irish people in the drive for austerity should not be overlooked in countries whose fiscal…Wed Sept 21 2011 - 01:00
IMF warns political leaders as euro crisis worsensTHE EUROPEAN Central Bank is under increasing pressure to reduce interest rates after a warning from the International Monetary…Wed Sept 21 2011 - 01:00
IMF warns on euro debt crisisThe European Central Bank is under increasing pressure to reduce interest rates after a warning from the International Monetary…Wed Sept 21 2011 - 01:00
Obama and Merkel say euro crisis needs concerted actionGREECE CAME under intensive pressure from its bailout lenders to bring forward a drastic round of public sector job cuts as US…Tue Sept 20 2011 - 01:00
Car-free day is stirring occasion for melting pot of BrusselsEUROPEAN DIARY: IT WAS “car-free day” in Brussels on Sunday, an opportunity to push the baby’s pram down the middle of a grand…Tue Sept 20 2011 - 01:00
Greece talks are 'satisfactory'Greece's Finance ministry said "satisfactory progress" was made in a conference call with the country's international lenders…Tue Sept 20 2011 - 01:00
Noonan backs off imposing losses on Anglo bondholdersMINISTER FOR Finance Michael Noonan is stepping back from his plan to impose losses on senior Anglo Irish Bank bondholders after…Mon Sept 19 2011 - 01:00
Geithner urges euro zone to step up effortsUS VIEW: US TREASURY secretary Timothy Geithner pressed euro zone finance ministers to intensify the fight against the debt …Sat Sept 17 2011 - 01:00
Muddling through the mire still only show in town for EUANALYSIS: EUROPE’S TORRID debt emergency seems to worsen by the daySat Sept 17 2011 - 01:00
Athens given two weeks to deliver new cuts and taxesGREECE: EURO ZONE finance ministers imposed a two-week deadline on Greece to deliver a key series of cutbacks and new taxes …Sat Sept 17 2011 - 01:00
Noonan steps back from any plan to burn bondholdersMinister for Finance Michael Noonan is stepping back from his plan to impose losses on senior Anglo Irish Bank bondholders after…Sat Sept 17 2011 - 01:00
EU fund could address ECB controversiesLeveraging powers for the EFSF would reduce the risk associated with bond purchasesSat Sept 17 2011 - 01:00
Stage set for Di Rupo to become Belgian PMBELGIAN LEADERS have achieved their first big breakthrough in 460 days of stalemate over the formation of a new government.Fri Sept 16 2011 - 01:00
Germany and France move to halt Greek bailout crisisGERMANY AND FRANCE have moved to shore up Europe’s ailing bailout of Greece but an upsurge of turmoil in the debt emergency has…Thu Sept 15 2011 - 01:00
Flag-gate German commissioner says symbolic plan to discipline 'deficit sinners' is not hisGermany’s EU commissioner Guenther Oettinger (inset) has denied suggesting that the flags of “deficit sinners” should fly at …Thu Sept 15 2011 - 01:00
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
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
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
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 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
