Imposing losses on senior bank bondholders valid, says SorosBILLIONAIRE FINANCIER George Soros says the incoming government has a “legitimate” claim to impose bailout losses on senior bank…Thu Mar 03 2011 - 00:00
New government will have to abide by deal, says RehnBAILOUT CHANGES: THE EUROPEAN Commission has ruled out any move by the incoming government to compel senior bondholders to bear…Wed Mar 02 2011 - 00:00
EU commission says inflation will stay above 2%THE EUROPEAN Commission warned yesterday that euro zone inflation will remain above the 2 per cent European Central Bank (ECB…Wed Mar 02 2011 - 00:00
EU focus on 12.5% rate may be fadingCORPORATION TAX: SOME OF the European pressure on Ireland’s corporation tax regime is easing as taoiseach-in-waiting Enda Kenny…Tue Mar 01 2011 - 00:00
Kenny left with little room for manoeuvre in bailout negotiationEUROPEAN DIARY: New taoiseach may seek lower interest on loan, but will face pressure from France and Germany to raise corporate…Tue Mar 01 2011 - 00:00
Europe imposes sanctions on Gadafy regimeINTERNATIONAL PRESSURE intensified on the Gadafy regime in Libya as the European Commission called for “humility” about Europe…Tue Mar 01 2011 - 00:00
Incoming taoiseach faces bailout talksEU MEETINGS: ENDA KENNY faces a series of key European meetings within days of taking office, which will determine if he can…Mon Feb 28 2011 - 00:00
Kenny's success a foregone conclusion for European alliesEUROPEAN PARLIAMENT: FINE GAEL’S group in the European Parliament chose not to wait for the election result when it said yesterday…Sat Feb 26 2011 - 00:00
Terms of bailout 'must be applied'EU-IMF DEAL: THE EUROPEAN Commission stressed on the eve of polling day that the EU-IMF bailout deal stands as an agreement …Fri Feb 25 2011 - 00:00
EU expresses concern over rising price of oilTHE EUROPEAN Commission has expressed concern about the mounting price of oil due to turmoil in the Arab world as Russian prime…Fri Feb 25 2011 - 00:00
EU calls for end to use of lethal forceEUROPE CALLED for an immediate halt to the use to lethal force against the Libyan uprising as Italy expressed acute concern about…Tue Feb 22 2011 - 00:00
G20 to measure economic imbalancesG20 FINANCE leaders bent to China’s will as they reached a compromise deal on new procedures to measure economic imbalances between…Mon Feb 21 2011 - 00:00
Older powers find themselves up against a Bric wallANALYSIS: Reaching agreement on reforms is difficult when the economic health of countries is so variedMon Feb 21 2011 - 00:00
Hungary to ease media laws opposed by EUHUNGARIAN PRIME minister Viktor Orban has agreed to ease draconian new media laws which provoked criticism in Europe that his…Thu Feb 17 2011 - 00:00
More than half of Irish bank bonds held by investors in RepublicAN ACADEMIC evaluation of official data shows a little above half of Irish bank bonds are held within Ireland, casting new light…Thu Feb 17 2011 - 00:00
Belgian political stalemate reaches new milestoneBELGIUM’S PROTRACTED political stalemate reaches a dubious new milestone today when the country’s leaders equal Iraq’s 249-day…Thu Feb 17 2011 - 00:00
State faces €3.2m fine over breach of EU rulingTHE EU Commission has initiated a second legal action against the Government over its failure to adopt a farming environmental…Thu Feb 17 2011 - 00:00
Request to freeze assets consideredTHE GOVERNMENT is examining a request from the Egyptian military to freeze any assets held in Ireland by members of Hosni Mubarak…Wed Feb 16 2011 - 00:00
Rehn rejects prospect of bondholder 'haircuts'EURO ZONE finance ministers have eliminated the prospect of any move to impose losses on senior bondholders in Ireland’s banks…Wed Feb 16 2011 - 00:00
Germany and Austria resist calls to strengthen euro bailout fundSHARP DIVISIONS in the euro zone moved into the open yet again yesterday as Germany and Austria played for time against pressure…Wed Feb 16 2011 - 00:00
Rehn says terms of bailout may be changed in futureEU ECONOMICS commissioner Olli Rehn warned that Ireland’s international sponsors expect “continuity” on the State’s rescue plan…Tue Feb 15 2011 - 00:00
Most MEPs want end to monthly Strasbourg trekMEPs ARE agitating anew to halt the European Parliament’s commute to Strasbourg, a practice criticised for decades as a wasteful…Fri Feb 11 2011 - 00:00
Commission urges budget restraints for member statesTHE EUROPEAN Commission, now into the second year of its five-year mandate, has urged all EU institutions and its own organisation…Thu Feb 10 2011 - 00:00
EU and IMF mission to review performance on bailoutAN EXPERT mission from the International Monetary Fund (IMF), the European Commission and the European Central Bank (ECB) is …Wed Feb 09 2011 - 00:00
No mention of opposition to EU pact by Van RompuyEUROPEAN COUNCIL president Herman Van Rompuy glossed over opposition to Franco-German demands for an EU competitiveness pact …Wed Feb 09 2011 - 00:00
Trichet reiterates opposition to Irish debt restructuringEUROPEAN CENTRAL Bank (ECB) chief Jean-Claude Trichet has reiterated his opposition to any debt restructuring by Ireland, saying…Tue Feb 08 2011 - 00:00
Leaders call for swift transition of power in EgyptEU LEADERS called for an immediate “transition” process in Egypt as tens of thousands of demonstrators gathered in a “day of …Sat Feb 05 2011 - 00:00
Ireland's corporate tax regime comes under EU pressureIRELAND’S closely-guarded corporate tax regime is coming under pressure again as Germany and France press for a “competitiveness…Sat Feb 05 2011 - 00:00
EU plan to reduce energy importsEU LEADERS pledged to boost investment in Europe’s energy networks on projects which could cost as much as €1 trillion by 2020…Sat Feb 05 2011 - 00:00
Rate cannot be negotiated unilaterally, says CowenTAOISEACH BRIAN Cowen said last night that any reduction in the interest rate on Ireland’s bailout loans should be retrospective…Sat Feb 05 2011 - 00:00
French and German plans meet resistanceGERMANY AND France faced a backlash from some of their key EU allies in their drive to establish a European competitiveness pact…Sat Feb 05 2011 - 00:00
Trichet urges party leaders to accept terms of EU-IMF rescue packageIRISH POLITICAL leaders have been urged by European Central Bank (ECB) chief Jean-Claude Trichet to proceed with the agreed terms…Fri Feb 04 2011 - 00:00
Irish corporate tax rate change likely focus of summitGERMANY AND France may press for changes to Ireland’s corporate tax regime as the price of key reforms to the euro-zone bailout…Fri Feb 04 2011 - 00:00
EU calls on army to protect protestersEUROPEAN COUNTRIES stepped up the clamour for an immediate “orderly transition” in Egypt as EU leaders prepare to take stock …Fri Feb 04 2011 - 00:00
EU calls for quick response to uprisingEU FOREIGN policy chief Catherine Ashton called on Egyptian president Hosni Mubarak to respond “as quickly as possible” to the…Thu Feb 03 2011 - 00:00
EU may hold special bailout summit in MarchEU LEADERS may convene an extraordinary summit early in March to sign off on reforms to the euro zone bailout fund after initial…Tue Feb 01 2011 - 00:00
EU ministers call for fair elections after an orderly transitionEUROPEAN RESPONSE: EU FOREIGN ministers have called for free and fair elections in Egypt following an “orderly transition” in…Tue Feb 01 2011 - 00:00
Europe can no longer look the other way on authoritarianismEUROPEAN DIARY: Nothing is certain, but democratic elections in Egypt might not produce a result that would be welcome to the…Tue Feb 01 2011 - 00:00
Government to borrow €3.5bn from bailout fundTHE GOVERNMENT will in the coming days borrow €3Mon Jan 31 2011 - 00:00
As old world licks wounds after crisis, new powers make their presence feltThe boom in emerging economies explains presence of Chinese and Indian delegatesMon Jan 31 2011 - 00:00
Sutherland wants deadline for Doha deal's completionTHE FORMER chief of the World Trade Organisation has warned that the benefits of globalisation will be threatened if world leaders…Sat Jan 29 2011 - 00:00
Geithner says worst of US financial crisis behind themTimothy Geithner tells the forum in Davos that the foundations of the US recovery are in placeSat Jan 29 2011 - 00:00
Sarkozy puts defence of euro on Davos agendaBUSINESS AND political figures expressed concern about corporate greed as French president Nicolas Sarkozy vowed to protect the…Fri Jan 28 2011 - 00:00
Global elite ponders a return from the brinkThe atmosphere may be more positive than a year ago, but a sense remains of tensions and conflicting interestsFri Jan 28 2011 - 00:00
Bruton like 'thief accusing policeman' over BarrosoFORMER TAOISEACH John Bruton was described in Brussels as taking the attitude of “the thief accusing a policeman” after he took…Fri Jan 28 2011 - 00:00
Barroso account of crisis one-sided, says BrutonFORMER TAOISEACH John Bruton has taken issue with European Commission chief José Manuel Barroso for pinning blame for Ireland…Thu Jan 27 2011 - 00:00
Burden of bank debt 'must be shared'ECONOMISTS NOURIEL Roubini and Ken Rogoff, two of the most prominent academic commentators on the financial crisis, said the …Thu Jan 27 2011 - 00:00
Commission to decide if Bruton can keep two jobsTHE EUROPEAN Commission is examining whether former taoiseach John Bruton can keep two private jobs under rules which compel …Thu Jan 27 2011 - 00:00
Irish faces hard to find as 'masters of universe' meetDAVOS JANUARY 2011: THE IRISH are in short supply as luminaries from the worlds of politics, business, religion, education and…Wed Jan 26 2011 - 00:00
Commission confident of Finance Bill's passageEUROPEAN VIEW: THE EUROPEAN Commission has urged the Government and the Opposition parties to make good on their pledge to enact…Tue Jan 25 2011 - 00:00
