ECB to almost double capital reserves in effort to offset risksRESERVES BOOST: THE EUROPEAN Central Bank has moved to strengthen its financial firewall with a decision to boost its share …Fri Dec 17 2010 - 00:00
FG seeking €17bn cut in unguaranteed bond debtKENNY ADDRESS: FINE GAEL leader Enda Kenny has said his party will campaign in the general election for a mandate to cut up …Fri Dec 17 2010 - 00:00
EU strategy in defence of euro risky for marketsEU LEADERS have adopted the “high risk” strategy of holding in reserve any new measures to escalate their defence of the euro…Thu Dec 16 2010 - 00:00
With sovereignty eroded, we must now repair the collateral damageANALYSIS: As EU leaders meet today in Brussels, Ireland has a rather weak hand to play to try to regain credibility in the eyes…Thu Dec 16 2010 - 00:00
Kenny says Anglo charges imminentFine Gael leader Enda Kenny has said the Garda file on the Anglo Irish Bank affair recommends to the Director of Public Prosecutions…Thu Dec 16 2010 - 00:00
Cuts to Irish cod quota necessary, says MinisterEUROPEAN FISHERIES ministers struck a deal early yesterday in the annual round of EU negotiations on fish quotas, overcoming …Thu Dec 16 2010 - 00:00
EU talks on fish quota deal continueTHE ANNUAL negotiation on European fishing rights continued late last night in Brussels as EU fisheries ministers sought to hammer…Wed Dec 15 2010 - 00:00
ECB capital increase mooted to ease crisisAN INCREASE in the capital of the European Central Bank (ECB) has emerged as the latest in a long line of proposals to escalate…Wed Dec 15 2010 - 00:00
Flemish nationalist says he sees no future for BelgiumBELGIUM’S POLITICAL turmoil has intensified as hardline Flemish nationalist Bart De Wever says he sees no long-term future for…Wed Dec 15 2010 - 00:00
Martin calls for support on return of exports to GazaMINISTER FOR Foreign Affairs Micheál Martin called for the resumption of exports from Gaza as EU governments said a negotiated…Tue Dec 14 2010 - 00:00
EU to resist IMF calls to enlarge rescue fundEU LEADERS plan to face down demands from the International Monetary Fund (IMF) and top central bankers to enlarge the rescue…Tue Dec 14 2010 - 00:00
EU confident Lisbon Treaty amendment will not need referendumEU LEADERS are poised this week to agree an amendment to the Lisbon Treaty to create a permanent rescue fund for euro countries…Mon Dec 13 2010 - 00:00
ECB's call to arms met with reluctanceANALYSIS: THE EUROPEAN Central Bank (ECB) is now seen to be “all out” in a campaign for tougher and more unified political action…Sat Dec 11 2010 - 00:00
Senior Europeans call for tougher stance on IsraelEU FOREIGN policy chief Catherine Ashton defended the union’s efforts to help break the deadlock in the Middle East peace process…Sat Dec 11 2010 - 00:00
ECB calls for political response to debt crisisTHE EUROPEAN Central Bank (ECB) stepped up demands for a tougher political response to the sovereign debt crisis as it warned…Fri Dec 10 2010 - 00:00
Commission dismisses petition on GM foods banThe EU Commission has dismissed on procedural grounds the first attempt to activate rules in the Lisbon Treaty which compel it…Fri Dec 10 2010 - 00:00
EU body questions viability of EBS planTHE EUROPEAN Commission in Brussels has expressed doubt about the viability of the Educational Building Society (EBS) and challenged…Thu Dec 09 2010 - 00:00
EU summit set to back treaty change on bailoutsEUROPEAN GOVERNMENTS have reached a broad consensus on a narrow change to the Lisbon Treaty ahead of a key summit next weekThu Dec 09 2010 - 00:00
End of EU veto clears way for Russia to join trade bodyEU LEADERS endorsed Russia’s application to join the World Trade Organisation, a move that marks a significant advance in the…Wed Dec 08 2010 - 00:00
World powers revive nuclear talks with IranGLOBAL POWERS have resumed difficult talks with Iran over its disputed nuclear programme as Tehran again blamed “secret foreign…Tue Dec 07 2010 - 00:00
Finance ministers endorse Irish dealIRELAND’S EU-IMF rescue plan anticipates that the State will be out of the private bond market for two years, economics commissioner…Tue Dec 07 2010 - 00:00
Ministers consider bigger EU bailout fundEUROPEAN FINANCE ministers are debating whether the €750 billion bailout fund for euro zone countries should be enlarged to boost…Mon Dec 06 2010 - 00:00
Ashton plays down Tehran defiance ahead of nuclear talksEU FOREIGN policy chief Catherine Ashton played down defiant rhetoric from Iranian president Mahmoud Ahmadinejad as talks loom…Wed Dec 01 2010 - 00:00
ECB chief tries to calm growing tensions in euro zoneEUROPEAN CENTRAL Bank (ECB) chief Jean-Claude Trichet tried to damp down mounting turmoil in the euro zone yesterday, saying …Wed Dec 01 2010 - 00:00
EU begins Google investigationEUROPEAN REGULATORS have started a formal antitrust inquiry into Google over “very serious” allegations that the search engine…Wed Dec 01 2010 - 00:00
Irish growth forecasts 'on the high side'DEADLINE: THE EUROPEAN Commission agreed to extend by one year until 2015 Ireland’s deadline to achieve a 3 per cent budget …Tue Nov 30 2010 - 00:00
Bailout fails to calm markets as costs rise in Spain and PortugalA RENEWED wave of volatility swept through European markets as the €85 billion EU-IMF bailout of Ireland failed to dampen anxiety…Tue Nov 30 2010 - 00:00
Bank guarantee loomed large in two years of talks with BrusselsEUROPEAN DIARY: Even as Rehn, Trichet and others expressed their faith in Ireland, the tide turned rapidlyTue Nov 30 2010 - 00:00
Senior bondholders not involved in rescueREHN ON IRELAND: EU ECONOMICS commissioner Olli Rehn said the Irish rescue plan will not compel senior bank bondholders to take…Mon Nov 29 2010 - 00:00
Ireland's €85bn bailout is a done deal but EU leaders are struggling to limit the rotIT WON’T go away. Another Sunday in Brussels, another round of frantic politicking over the untamed sovereign debt crisisMon Nov 29 2010 - 00:00
€10bn may be deployed from pension fund, says MinisterLENIHAN REACTION: MINISTER FOR Finance Brian Lenihan said as much as €10 billion from the National Pension Reserve Fund may …Mon Nov 29 2010 - 00:00
No 'haircut' for bondholders, says RehnEU economics commissioner Olli Rehn said the Irish rescue plan will not compel senior bank bondholders to take a “haircut” on…Sun Nov 28 2010 - 00:00
Efforts by Portugal and Spain to quell bailout reportsCONTAGION: SPAIN AND Portugal made efforts to damp down mounting speculation they could soon be forced to follow Ireland into…Sat Nov 27 2010 - 00:00
Plan a 'starting point' for bailout talksEU REACTION: THE EUROPEAN Commission gave a guarded welcome to the four-year plan, but said it was only a “starting point” for…Thu Nov 25 2010 - 00:00
Four-year plan key to bailout packageCOALITION CRISIS: THE GOVERNMENT’S four-year economic plan is a “cornerstone” of the bailout package under discussion with Europe…Wed Nov 24 2010 - 00:00
Rehn says every day lost in battle to stabilise economy adds to uncertaintyMEETING WITH MEPs: TAOISEACH BRIAN Cowen came under pressure from Europe to settle the turmoil in his administration as the …Wed Nov 24 2010 - 00:00
Denmark, Norway ready to give loansBAILOUT: THE DANISH government has said it will provide emergency loans to Ireland – and Norway, which is not in the EU, said…Wed Nov 24 2010 - 00:00
National Irish gives Danes interest in helping outDENMARK: THE DANISH government has signalled an interest in the provision of emergency bilateral loans to Ireland.Tue Nov 23 2010 - 00:00
Government collapse before EU-IMF deal would be 'very irresponsible'EUROPEAN OFFICIALS have warned that any collapse of the Coalition before an EU-IMF rescue deal was struck would be “very irresponsible…Tue Nov 23 2010 - 00:00
Europe backs plan but tax rate battle still to be foughtANALYSIS: Events moved rapidly as the international authorities revolved to bring certainty over Irelands fate before markets…Mon Nov 22 2010 - 00:00
Regling warns of 'drastic conditions'WHAT HAPPENS NEXT: THE CHIEF of Europe’s €440 billion rescue fund Klaus Regling signalled this weekend that “drastic conditions…Mon Nov 22 2010 - 00:00
Russia to work with Nato on missile defence shieldTHE LEADERS of Nato have moved to settle their divisions with Russia over the Georgian conflict in 2008 and resolved to begin…Mon Nov 22 2010 - 00:00
US and EU leaders pledge support for IrelandLISBON SUMMIT: THE US promised “moral support” for the State as the Government prepared to apply for emergency loans from the…Mon Nov 22 2010 - 00:00
EU agrees multibillion-euro packageEUROPEAN FINANCE ministers agreed last night to release a multi-billion euro assistance package for Ireland.Mon Nov 22 2010 - 00:00
Aid package will come with the strictest of conditionsSTABILITY FUND: IRELAND WILL be the first country to tap the EU bailout scheme set up in the wake of the Greek debt debacleSat Nov 20 2010 - 00:00
EU warns of 'thorough assessment' of four-year €15bn planTHE EUROPEAN Commission warned last night that the Irish €15 billion four-year economic plan to be released early next week remains…Sat Nov 20 2010 - 00:00
EU-US debt talks aim to help renew relationsEU LEADERS will attempt to give fresh impetus to Europe's relationship with the US when they meet President Barack Obama this…Sat Nov 20 2010 - 00:00
France predicts Ireland will raise its corporation tax rateFrench President Nicolas Sarkozy said today he expected Ireland to raise its corporate tax rate but an increase would not be …Sat Nov 20 2010 - 00:00
Government strives to limit cuts to €15bn as EU and IMF arriveTHE GOVERNMENT will battle to prevent any increase in the €6 billion adjustment proposed for the 2011 budget and the €15 billion…Thu Nov 18 2010 - 00:00
Decision on bailout needed fast, says RehnIRELAND WILL struggle to avoid an intervention by the International Monetary Fund and the European Union, the Belgian finance…Thu Nov 18 2010 - 00:00
