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Bailout loan decision likely to be delayed

Bailout loan decision likely to be delayed

Draghi says use of ESM to recapitalise bonds directly a matter for eurogroup

Fri Apr 05 2013 - 06:00
European Central Bank  maintains interest rates at record low of 0.75%

European Central Bank maintains interest rates at record low of 0.75%

Cyprus crisis had raised possibility of a further cut

Fri Apr 05 2013 - 06:00
Cyprus unveils radical capital control measures

Cyprus unveils radical capital control measures

Move geared towards stemming capital flight ahead of troubled banks reopening

Thu Mar 28 2013 - 06:22
European Commission outlines how it sees ESM functioning

European Commission outlines how it sees ESM functioning

Jeroen Djisselbloem’s questioning of use of fund to rescue banks directly reiterated

Wed Mar 27 2013 - 06:00
Commission hopes ESM will not be used to recapitalise banks

Commission hopes ESM will not be used to recapitalise banks

Government planned to use fund to help meet cost of rescuing AIB and Bank of Ireland

Tue Mar 26 2013 - 12:37
Euro zone chief casts doubt on debt relief

Euro zone chief casts doubt on debt relief

Jeroen Dijsselbloem questions whether fund will be used to rescue banks

Tue Mar 26 2013 - 06:22
All about Yves

All about Yves

An exhibition on the life and work of Yves Saint Laurent skips some key elements, but doesn’t skimp on the colour

Tue Mar 26 2013 - 06:00
Dijsselbloem forced to reassure markets about euro-zone banking

Dijsselbloem forced to reassure markets about euro-zone banking

Euro group president issues statement after comments on change in banking policy cause market storm

Tue Mar 26 2013 - 06:00
Cyprus braces itself for impact of bank restructuring forced by bailout

Cyprus braces itself for impact of bank restructuring forced by bailout

EU officials privately express concern at potential impact on Cypriot economy

Tue Mar 26 2013 - 06:00
European Commission to set up economic taskforce for Cyprus

European Commission to set up economic taskforce for Cyprus

Analysts predict Cypriot GDP may fall 20% per cent by 2017 as bank sector shrinks

Tue Mar 26 2013 - 06:00
Cyprus deal reached that will protect small depositors

Cyprus deal reached that will protect small depositors

Island’s second largest bank to be wound down, hitting deposits over €100,000

Mon Mar 25 2013 - 01:24
ESM not for legacy bank assets, says Finnish PM

ESM not for legacy bank assets, says Finnish PM

Jerki Katainen restates view fund should not be used for banks retrospectively

Sun Mar 24 2013 - 21:44
Cypriot crisis puts EU on dangerous ground

Cypriot crisis puts EU on dangerous ground

Fear of contagion from Cyprus is foremost in the minds of euro zone authorities

Sat Mar 23 2013 - 06:00
Cyprus bailout talks intensify

Cyprus bailout talks intensify

European authorities effectively veto alternative Cypriot proposal

Sat Mar 23 2013 - 06:00
Cyprus in crisis: banks on the brink

Cyprus in crisis: banks on the brink

As queues form at ATMs, businesses seize up and Europe blows a chill wind, Cypriots are feeling powerless, vulnerable and bitter

Sat Mar 23 2013 - 06:00
Cypriot parliament to vote on radical measures for restructuring bank sector

Cypriot parliament to vote on radical measures for restructuring bank sector

Legislature considers Bill for restrictions on withdrawals and transfers of money

Fri Mar 22 2013 - 06:40
Nightmare scenario awakens euro zone from  slumber

Nightmare scenario awakens euro zone from slumber

Key question now is what will ECB do

Fri Mar 22 2013 - 06:00
ECB sets Monday deadline for Cypriot bailout deal

ECB sets Monday deadline for Cypriot bailout deal

Threat to cut emergency financial support if agreement not forthcoming

Fri Mar 22 2013 - 06:00
Cyprus close to agreeing bank restructure to save country from financial collapse

Cyprus close to agreeing bank restructure to save country from financial collapse

Thousands gather to protest outside parliament as talks continue

Thu Mar 21 2013 - 09:56
Euro zone  finance head to be questioned

Euro zone finance head to be questioned

Cypriot banks to remain closed until Tuesday

Thu Mar 21 2013 - 06:00
Cypriot leaders scramble to create a fresh rescue plan

Cypriot leaders scramble to create a fresh rescue plan

Discussions between Cypriot finance minister Michael Sarris and Russian authorities in Moscow yield no concrete proposals

Thu Mar 21 2013 - 06:00
Cypriot deposit levy a ‘fiscal measure’, according to European Union

Cypriot deposit levy a ‘fiscal measure’, according to European Union

Proposal not contrary to spirit of European deposit guarantee, says EU spokesman

Wed Mar 20 2013 - 06:49
Cyprus rejects bailout agreement in rebuff to European Union

Cyprus rejects bailout agreement in rebuff to European Union

Cypriot finance minister flies to Russia to discuss alternative bailout plan

Wed Mar 20 2013 - 06:00
Agriculture ministers reach agreement on Cap reform

Agriculture ministers reach agreement on Cap reform

Irish farming groups give cautious welcome to EU's Cap (Common Agricultural Policy) deal

Wed Mar 20 2013 - 06:00
EU ministers reach accord on farm policy

EU ministers reach accord on farm policy

Discussions in Brussels focus on distribution of single farm payment

Tue Mar 19 2013 - 22:07
Video: Hopes high for an agreement on European farm policy today

Video: Hopes high for an agreement on European farm policy today

Irish officials worked on draft texts throughout the night

Tue Mar 19 2013 - 12:52
Move to levy depositors in Cyprus has broken  new ground

Move to levy depositors in Cyprus has broken new ground

Decision to hit depositors made to reduce size of bailout

Tue Mar 19 2013 - 07:32
Cyprus deal concessions will protect smaller depositors

Cyprus deal concessions will protect smaller depositors

Kenny says no risk to Ireland as contagion fears push euro to three-year low

Tue Mar 19 2013 - 06:00
Crucial CAP talks continue in Brussels

Crucial CAP talks continue in Brussels

Coveney confident of reaching agreement

Mon Mar 18 2013 - 15:49

Contagion fears over Cyprus bank deal

Cyprus president in talks to ease levy on smaller deposit holders

Mon Mar 18 2013 - 08:14
Ireland welcomes bailout deal for Cyprus as positive

Ireland welcomes bailout deal for Cyprus as positive

Deal worth €10bn includes levy of up to 12.5% on savings

Mon Mar 18 2013 - 06:00
EU ministers approve debt extension for Ireland and Portugal

EU ministers approve debt extension for Ireland and Portugal

Decision follows Cyprus deal

Mon Mar 18 2013 - 00:06
Kenny says EU must stick to debt pledge

Kenny says EU must stick to debt pledge

Expected return to markets should not undermine new debt relief, says Taoiseach

Sat Mar 16 2013 - 06:00
Finance ministers close to deal on Cyprus

Finance ministers close to deal on Cyprus

Noonan says there is urgency to bailout with elements expected to be in place tonight

Fri Mar 15 2013 - 19:55
Cypriot bailout may burn bondholders

Cypriot bailout may burn bondholders

Move would aid Ireland’s case for further debt relief from use of ESM

Thu Mar 14 2013 - 07:40
Economic crisis to dominate summit of EU leaders

Economic crisis to dominate summit of EU leaders

Discord mounting between member states on how union is dealing with problems

Thu Mar 14 2013 - 00:06
Economic crisis to dominate summit of EU leaders

Economic crisis to dominate summit of EU leaders

Discord mounting between member states on how union is dealing with problems

Thu Mar 14 2013 - 00:06
MEPs urged to voice choice of candidate in EU vote

MEPs urged to voice choice of candidate in EU vote

Tue Mar 12 2013 - 22:00
Germany leads EU criticism of Hungary reforms

Germany leads EU criticism of Hungary reforms

Latest clash between Brussels and Prime minister Orban

Tue Mar 12 2013 - 22:00
Member states agree to apply domestic violence protection orders to victims right across EU

Member states agree to apply domestic violence protection orders to victims right across EU

Victims of domestic violence are to receive enhanced protection under new European rules agreed yesterday.

Sat Mar 09 2013 - 00:00
Abortion legislation planned for end of July

Abortion legislation planned for end of July

The Government intends to enact its abortion legislation by the end of July, according to information it has supplied to the Council of Europe.

Sat Mar 09 2013 - 00:00
ECB keeps rates steady despite cut in forecasts

ECB keeps rates steady despite cut in forecasts

The European Central Bank kept interest rates steady yesterday, despite trimming its economic forecasts for the year, as ECB …

Fri Mar 08 2013 - 00:00

ECB calls on Coalition to step up its reforms of bank sector

The European Central Bank has called on the Government to step up its banking reforms

Fri Mar 08 2013 - 00:00
IMF 'on call' to help Ireland

IMF 'on call' to help Ireland

International Monetary Fund managing director Christine Lagarde has said there is “clearly good news on the horizon” for Ireland…

Fri Mar 08 2013 - 00:00

Microsoft fined €561m for limiting browser choice

Shares in Microsoft dropped yesterday after the European Commission imposed a €561 million fine on the company for failing to…

Thu Mar 07 2013 - 00:00

Britain's hopes for EU banking rules changes recede

Britain’s hope of securing any significant changes to banking rules agreed last week receded yesterday after EU officials said…

Wed Mar 06 2013 - 00:00
EU denies slow response to horse meat scandal

EU denies slow response to horse meat scandal

EU commissioner for health and consumer policy Tonio Borg has rejected any suggestion the European Commission was slow off the…

Wed Mar 06 2013 - 00:00
All EU states agree loan extensions for Ireland

All EU states agree loan extensions for Ireland

Ireland crossed a further hurdle in its bid to secure a lengthening of its bailout loan maturities yesterday when all 27 EU member…

Wed Mar 06 2013 - 00:00

Boost for Ireland as eurogroup backs loan extension

Ireland received a significant boost in its bid to seek an extension to the maturities of its bailout loans last night after …

Tue Mar 05 2013 - 00:00

Euro zone finance ministers close to agreeing bailout for Cyprus

Euro zone finance ministers last night said they were close to agreeing a bailout for Cyprus, although details of whether a rescue…

Tue Mar 05 2013 - 00:00
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