ECB offers three-year cheap loans to banksTHE CHRISTMAS wind-down began in Brussels amid fresh warnings about the debt crisis and anticipation that a new European Central…Wed Dec 21 2011 - 00:00
UK refuses to provide €30bn to top up IMF euro rescue fundEU FINANCE ministers last night resolved to boost the resources of the International Monetary Fund by some €170 billion, but …Tue Dec 20 2011 - 00:00
Budget rules are bold and legally viable, says RehnEU ECONOMICS commissioner Olli Rehn dismissed claims that the latest deal to calm the debt crisis was not enforceable, saying…Tue Dec 13 2011 - 00:00
Schäuble confident after EU dealGerman finance minister Wolfgang Schäuble has said he is confident that agreements reached at an EU summit this week will solve…Sat Dec 10 2011 - 00:00
'Golden rule' seen as answer to currency's woesEURO ZONE leaders have pledged to enact legislation or constitutional change binding their governments to run balanced or surplus…Sat Dec 10 2011 - 00:00
Currency crisis cannot be solved by institutional debatesANALYSIS: THE BRUSSELS summit was billed as a final opportunity for Europe’s bedraggled leaders to assert control over the debt…Sat Dec 10 2011 - 00:00
Concern mounts that euro zone 'firewall' plan may not end turmoilA DRASTIC new plan to settle the debt crisis triggered anxiety in Brussels as diplomats questioned the feasibility of the initiative…Sat Dec 10 2011 - 00:00
Divisions and doubt over ECB role delay euro deal at summitEU LEADERS moved last night to step up the campaign to save the euro but deep divisions over their response to the debt crisis…Fri Dec 09 2011 - 00:00
ESM with €500bn lending capacity expected to be brought forward a yearPERMANENT RESCUE FUND: EU LEADERS were poised last night to bring forward the introduction of Europe’s permanent new rescue …Fri Dec 09 2011 - 00:00
Summit tension tightened by London and BerlinANALYSIS: EU LEADERS descend on Brussels tonight for a make-or-break summit to save the single currencyThu Dec 08 2011 - 00:00
Concern mounts at discord ahead of crucial euro talksEU LEADERS gather tonight to seek a deal to save the euro amid anxiety in Dublin over a British push for concessions in a new…Thu Dec 08 2011 - 00:00
Lisbon Treaty may be altered without need for referendumBRUSSELS IS working on a plan to avoid a referendum, in Ireland or elsewhere, by adopting a special procedure to meet German …Wed Dec 07 2011 - 00:00
EU officials working to avoid treaty referendumTHE AUTHORITIES in Brussels are working to avert the need for a referendum in Ireland or any other country if they grant Germany…Wed Dec 07 2011 - 00:00
Ratings warning ups pressure on EU leadersSTANDARD & POOR’S has justified its threat to the sovereign ratings of nearly all euro zone countries by saying it was concerned…Tue Dec 06 2011 - 00:00
Insistence on private sector investment in rescues sidelinedEUROPEAN DIARY: THIS IS the way we live nowTue Dec 06 2011 - 00:00
EU leaders set for euro crisis talks as Friday deadline loomsEU LEADERS are facing into five days of high-stakes politicking as they embark on a final drive to reach a decisive deal by Friday…Mon Dec 05 2011 - 00:00
State got €12bn for not burning bondholders, says EU officialIRISH BAILOUT: THE TOP EU Commission official on the Irish bailout has said critics of the decision not to impose losses on …Sat Dec 03 2011 - 00:00
EU ministers agree to intensify sanctions against IranEU FOREIGN ministers intensified sanctions against Iran over its nuclear programme and resolved to examine penalties against …Fri Dec 02 2011 - 00:00
EU employment ministers vote to scrap crisis redundancy fundEUROPEAN GOVERNMENTS have voted to scrap an initiative for workers made redundant due to the financial crisis, a scheme from …Fri Dec 02 2011 - 00:00
ECB joins forces with other central banks to save euroTHE EUROPEAN Central Bank faces a growing clamour from EU powers to intensify its response to the expanding debt crisis in the…Thu Dec 01 2011 - 00:00
Stronger states want oversight - NoonanMINISTER FOR Finance Michael Noonan said Europe’s triple-A countries want to reinforce budgetary oversight in the euro zone before…Thu Dec 01 2011 - 00:00
Pressure mounts on ECB to avert implosion of euroANALYSIS : THE COMING days will be crucialThu Dec 01 2011 - 00:00
Ministers approve Ireland's €4.2bn trancheEURO ZONE finance ministers last night gave their approval for the payment of a €4Wed Nov 30 2011 - 00:00
Attention focusing on IMF as solutionAs the EU debates get bitter, the International Monetary Fund is seen as a white knightWed Nov 30 2011 - 00:00
Committee seeks legal advice on review of Cardiff rejectionTHE CHAIRMAN of the European Parliament committee which rejected the nomination of Kevin Cardiff to the EU’s audit body is seeking…Tue Nov 29 2011 - 00:00
EU leaders in race against time to find solution before summitAs contagion worms its way into ‘core’ countries and danger mounts, the luxury of time is goneTue Nov 29 2011 - 00:00
Belgium faces uphill task as it pays record interest rate to sell debtTHE TASK facing incoming Belgian prime minister Elio Di Rupo was underlined yesterday as the country paid a record interest rate…Tue Nov 29 2011 - 00:00
European audit chief 'takes note' of O'Shea apologyTHE CHIEF of Europe’s audit body has distanced himself from its Irish member, Eoin O’Shea, over his lobbying against the selection…Sat Nov 26 2011 - 00:00
Committee chairman to examine e-mailsTHE CHAIRMAN of the parliamentary committee which rejected Kevin Cardiff’s nomination to the EU’s audit body wants to examine…Fri Nov 25 2011 - 00:00
Merkel likely to get her wish on treaty changeNO LESS than three separate moves are now under way in Europe to toughen the enforcement of the EU’s long neglected budgetary…Fri Nov 25 2011 - 00:00
Cardiff defends role in State guaranteeDEPARTMENT OF Finance secretary general Kevin Cardiff defended his actions in relation to the State banking guarantee as MEPs…Thu Nov 24 2011 - 00:00
Budgetary oversight vital, says BarrosoEURO DEBT CRISIS: EUROPEAN COMMISSION chief José Manuel Barroso urged euro zone leaders to back a new drive to rapidly intensify…Thu Nov 24 2011 - 00:00
Belgian government talks in chaosBORROWING COSTS RISE: BELGIAN BORROWING costs spiked as King Albert II interrupted his convalescence after a cancer operation…Wed Nov 23 2011 - 00:00
Our loss of economic sovereignty may be just the beginningEUROPEAN DIARY: THE BERLIN “leak” of Irish budget details may well go down in history as the moment when the true extent of …Tue Nov 22 2011 - 00:00
Leaking a matter for Berlin, says commissionREACTION: THE EUROPEAN Commission said the leaking in Berlin of confidential details from the next two Irish budgets was a matter…Sat Nov 19 2011 - 00:00
Dark days: behind the bailoutIRELAND'S BAILOUT ONE YEAR ON: Over 10 weeks late last year, Irish and European officials engaged in a diplomatic dance of warnings…Sat Nov 19 2011 - 00:00
Bailout resisted for monthsThe European authorities believed Ireland faced an EU-International Monetary Fund bailout for more than two months before Dublin…Sat Nov 19 2011 - 00:00
Irish bailout was resisted for months by Lenihan and CowenTHE EUROPEAN authorities believed Ireland faced an EU-International Monetary Fund bailout for more than two months before Dublin…Sat Nov 19 2011 - 00:00
Europe back to square one as crisis worsens by the dayANALYSIS: Increased tension between Berlin and Paris reflects the reality that the latest rescue deal, agreed only three weeks…Fri Nov 18 2011 - 00:00
Franco-German rift threatens political response to debt crisisDIVISIONS ARE sharpening between Germany and France over their response to Europe’s expanding debt crisis, a clash which threatens…Thu Nov 17 2011 - 00:00
Faltering growth may herald new recession, warns RehnEUROPEAN ECONOMICS commissioner Olli Rehn warned of a “new recession” in Europe as his twice-yearly forecast found that growth…Fri Nov 11 2011 - 00:00
Warning of fresh recessionEfforts by the EU authorities to reassert order over the chaotic situation in the euro zone showed signs of tentative progress…Fri Nov 11 2011 - 00:00
Cardiff controversy sidestepped by courtEUROPEAN COURT of Auditors president Vitor Caldeira has sidestepped the controversy surrounding the nomination of Department …Fri Nov 11 2011 - 00:00
Warning of fresh recession hampers bid to calm euro zoneEFFORTS BY the EU authorities to reassert order over the chaotic situation in the euro zone showed signs of tentative progress…Fri Nov 11 2011 - 00:00
Pressure rises for euro zone reform as debt crisis deepensGERMANY AND France are stepping up their campaign for a radical overhaul of the euro zone rulebook, an initiative which comes…Thu Nov 10 2011 - 00:00
Senior EU figures pressurise Rome to settle crisis quicklySENIOR EUROPEAN figures piled pressure on Italian leaders to settle quickly the growing political crisis in Rome as Italian prime…Wed Nov 09 2011 - 00:00
All roads lead to Rome as crisis deepensANALYSIS: ANOTHER DAY, another dance of deathWed Nov 09 2011 - 00:00
EU financial tax proposal runs into troubleAN EU Commission proposal for a common European tax on financial transactions ran into fresh trouble as divisions over the plan…Wed Nov 09 2011 - 00:00
How Papandreou fell in a spiral of decay and disappointmentEUROPEAN DIARY: GEORGE PAPANDREOU’S exit was quick in the end, his fate set finally by the catastrophic decision to call a referendum…Tue Nov 08 2011 - 00:00
