Spain admits it needs external aid for its banksSPAIN EDGED closer to an international bailout after the country declared it will need emergency aid from Europe to rescue its…Wed Jun 06 2012 - 01:00
EU Commission unveils proposals on bondholder 'bail-ins' for banksTHE EUROPEAN Commission unveils draft legislation today that will give member states the power to impose bank bailout costs on…Wed Jun 06 2012 - 01:00
EU socialists refused Labour MEPs' treaty funds requestTHE MAIN socialist group in the European Parliament refused additional funding to the three Irish Labour MEPs for the fiscal …Tue Jun 05 2012 - 01:00
Referendum 'important step' on debt issue - GilmoreRatification of the fiscal treaty referendum was an "important step" in the move to address bank debt, but was not the only step…Sun Jun 03 2012 - 01:00
Q&A: What the yes vote means for IrelandIreland voted Yes for the fiscal treaty. How was the result greeted in Brussels? With considerable reliefSat Jun 02 2012 - 01:00
Rehn warns of threat still facing the euroTHE TURMOIL in the euro zone prompted yet another dire warning as EU economics commissioner Olli Rehn declared for a second time…Sat Jun 02 2012 - 01:00
Kenny seeks bank debt deal from Merkel after Yes voteTaoiseach Enda Kenny has told German chancellor Angela Merkel he wants a deal on the Irish bank debt following the decision of…Sat Jun 02 2012 - 01:00
ECB chief hopes bailout fund will aid banks directlyEUROPEAN CENTRAL Bank chief Mario Draghi has expressed guarded optimism that Europe’s bailout fund will be used to directly rescue…Fri Jun 01 2012 - 01:00
MEPs welcome referendum resultIrish EU commissioner Máire Geoghegan-Quinn said the vote for the fiscal treaty was a strong statement of support for the restoration…Fri Jun 01 2012 - 01:00
'Significant progress' by Ireland in implementing bailoutTHE EUROPEAN Commission has urged the Government to continue its steadfast execution of the EU-IMF bailout plan to minimise Ireland…Thu May 31 2012 - 01:00
EU begins inquiry into Ryanair contracts with French airportEU COMPETITION commissioner Joaquín Almunia has begun an in-depth, state-aid examination into some of Ryanair’s arrangements …Thu May 31 2012 - 01:00
European Commission pushes for bailout fund for banksTHE EUROPEAN Commission has thrown its weight behind the growing clamour for Europe’s bailout fund to be given powers to provide…Thu May 31 2012 - 01:00
EC warns of 'major challenges'The European Commission has urged the Government to continue its steadfast execution of the EU-IMF bailout plan to minimise Ireland…Wed May 30 2012 - 01:00
ECB resists Madrid's call for interventionSPAIN ENDURED another day of turmoil as the European Central Bank rebuffed calls from the Madrid authorities to revive its emergency…Wed May 30 2012 - 01:00
Yes vote would strengthen State's position, says CreightonYES CAMPAIGN: MINISTER OF State Lucinda Creighton said a Yes vote on Thursday would “undoubtedly” strengthen the Government’…Wed May 30 2012 - 01:00
Rising Spanish borrowing costs add to funding fearSPAIN FACED the consequence of increased state support for its stricken banks as a spike in its borrowing costs raised yet more…Tue May 29 2012 - 01:00
Spanish crisis grows as Bankia seeks more aidSPAIN’S FINANCIAL crisis deepened as the stricken lender Bankia sought a bigger government bailout and the prosperous region …Sat May 26 2012 - 01:00
EU complains about Argentina restrictionsThe EU has initiated a legal complaint in the World Trade Organisation against Argentina’s import restrictions, a move which …Sat May 26 2012 - 01:00
Germany and France at odds as euro fallsEU leaders sought to advance a new plan to stimulate economic growth as Germany and France laid out opposing strategies to tackle…Thu May 24 2012 - 01:00
Germany and France at odds as euro falls amid market turmoilEU LEADERS sought to advance a new plan to stimulate economic growth as Germany and France laid out opposing strategies to tackle…Thu May 24 2012 - 01:00
Coalition expects EU summit growth focus will boost Yes sideTHE GOVERNMENT is confident that the focus on growth at today’s EU summit in Brussels will boost the prospects of a Yes vote …Wed May 23 2012 - 01:00
Noonan hopeful on eurobond talksMinister for Finance Michael Noonan today said German authorities may be "more open" to a serious discussion on eurobonds after…Tue May 22 2012 - 01:00
Ireland's tax revenue compared to GDP is second lowest in euro zoneIRELAND RANKS among the EU countries with the lowest tax revenues and only Slovakia has lower revenues in the euro zone, a new…Tue May 22 2012 - 01:00
Hollande to press Merkel over German veto on eurobondsFRANCE WILL press Germany at a European summit this week to back jointly issued eurobonds in a drastic bid to assert control …Mon May 21 2012 - 01:00
Spectre of Greek exit and Spanish loans weighs on summitGROUP OF Eight leaders received a stark reminder of the turmoil in the euro zone as new data showed rising bad loans in Spain…Sat May 19 2012 - 01:00
Scale of reform task facing Greece is monumentalBetween June 18th and 30th, the next Greek government (assuming there is one) faces a Herculean list of “must dos” if it wants…Fri May 18 2012 - 01:00
EU chiefs to stress their efforts to keep Greece in euroEU LEADERS will tell their global peers in the Group of Eight industrialised countries that they will do all in their power to…Fri May 18 2012 - 01:00
Contagion threat to Irish banks if Greeks exit euroANALYSIS : EUROPE AND the world can but look on in trepidation as the Greeks prepare for their second general election in two…Thu May 17 2012 - 01:00
Fears Greek turmoil could spark run on banksA SENIOR judge has been appointed caretaker prime minister of Greece amid anxiety that the unyielding political turmoil in the…Thu May 17 2012 - 01:00
State seeks troika deal to use €3bn asset sale for growthTHE GOVERNMENT is advancing talks with the EU-International Monetary Fund-European Central Bank troika to use all of the €3 billion…Wed May 16 2012 - 01:00
EU standing by Greece despite question hanging over its futureTHE EUROPEAN authorities are resigned to weeks of uncertainty in Greece after a week-long bout of political paralysis culminated…Wed May 16 2012 - 01:00
Athens faces mounting pressure as markets react badly to crisisGREECE is under extreme pressure to settle its political turmoil as markets reacted badly to increasing claims that the country…Tue May 15 2012 - 01:00
Spanish bailout proposal would be of 'interest' to GovernmentANY EUROPEAN bailout scheme for Spain’s banks which does not increase the country’s national debt would be examined with “great…Tue May 15 2012 - 01:00
State may seek boycott of goods from Israeli settlementsTÁNAISTE EAMON Gilmore has said Ireland may push for the EU to ban goods from Israeli settlements if Israel does not quickly …Tue May 15 2012 - 01:00
Athens's exit from euro zone looking ever more likelyANALYSIS: TALK OF a Greek exit from the euro zone is gaining traction rapidlyTue May 15 2012 - 01:00
Coalition confident of stimulus deal before fiscal voteA DRAFT EU agreement on a stimulus package could be in place before Ireland votes in the fiscal treaty referendum at the end …Mon May 14 2012 - 01:00
Commission forecasts Irish economy will pick up in 2013THE EUROPEAN Commission has forecast that the expansion of the Irish economy will pick up next year as domestic demand stabilises…Sat May 12 2012 - 01:00
Berlin warns bailout at risk as Greece faces new electionGREECE FACED the wrath of Germany as talks to form a pro-bailout government in Athens came to a standstill, threatening a new…Sat May 12 2012 - 01:00
Ibec seeks unused EU funds to go to IrelandTHE IRISH business lobby group Ibec has pressed the case with EU economics commissioner Olli Rehn for new measures to boost the…Fri May 11 2012 - 01:00
Greece edges closer to pro-bailout coalition governmentTHE PROSPECT of an unexpected breakthrough to salvage the EU/IMF rescue deal for Greece is emerging after the smallest party …Fri May 11 2012 - 01:00
Geoghegan-Quinn urges voters to back treatyIRELAND’S EU commissioner Máire Geoghegan-Quinn urged people to back the fiscal treaty, saying the looming referendum was probably…Wed May 09 2012 - 01:00
EU talks aim to 'clear the air' on growth planAN EMERGENCY EU summit is to “clear the air” in the aftermath of the Greek election and demands from the incoming French president…Wed May 09 2012 - 01:00
EU leaders to discuss elections falloutEUROPEAN COUNCIL president Herman Van Rompuy has called EU leaders to discuss the fallout from the Greek and French elections…Wed May 09 2012 - 01:00
Greece told to execute bailout terms or face bankruptcyGREEK LEADERS have been warned they run the risk of bankrupting the country if they fail to form a government that pledges to…Tue May 08 2012 - 01:00
Pact seeks to reinforce frail foundations of single currencyEU leaders want to signal that they are addressing the euro's design flawsTue May 08 2012 - 01:00
French, Greek results throw EU crisis plans into doubtA surge in support for Greek anti-bailout parties threw Europe’s response to the debt crisis into renewed doubt, as French socialist…Mon May 07 2012 - 01:00
European election results to reshape fiscal treaty debateEUROPE IS braced for change and uncertainty as the people of France and Greece cast judgment on their leaders this weekend, votes…Sat May 05 2012 - 01:00
Britain stalls on new rulesEU finance ministers will push again in a fortnight to settle on new bank capital rules after 16 hours of talks broke up without…Fri May 04 2012 - 01:00
Growth must be central to fighting crisis, says ECB chiefEUROPEAN CENTRAL Bank chief Mario Draghi has called on EU leaders to place economic growth at the centre of the battle against…Fri May 04 2012 - 01:00
Little progress in talks on capital rules for EU banksEU FINANCE ministers are struggling to overcome divisions over new capital requirements for more than 8,000 European banks, raising…Thu May 03 2012 - 01:00
