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
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
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
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
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
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
€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
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
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
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
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
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
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
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-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
It looks like the endgame has arrivedANALYSIS: BRIAN LENIHAN was the last man into the crucible as euro zone finance ministers sat down last night to broker a resolution…Wed Nov 17 2010 - 00:00
EU seeks deal in days as rescue talks intensifyEUROZONE FINANCE ministers backed moves last night to intensify “short and focused” preparations for an EU/IMF rescue plan for…Wed Nov 17 2010 - 00:00
Finance ministers seek clarity on Irish positionA SUCCESSION of euro zone finance ministers have sought clarity from the Government on its plans to resolve the banking crisis…Wed Nov 17 2010 - 00:00
Finance ministers in euro zone to discuss Irish issue tonightBRUSSELS: EURO GROUP PRESIDENT Jean-Claude Juncker tried to damp down pressure on the Government ahead of a key finance ministers…Tue Nov 16 2010 - 00:00
Pressure mounts on Ireland over aid fundBACKGROUND: Europe will not stand by if bond yields rise above the ruinous levels seen last weekMon Nov 15 2010 - 00:00
EU auditors say sugar factory closure needlessTHE CLOSURE of the Mallow sugar factory, Ireland’s last, was needless because the business was profitable at the time, EU auditors…Thu Nov 11 2010 - 00:00
Van Rompuy concerned at growing EU nationalismEUROPEAN COUNCIL president Herman Van Rompuy has expressed his concern about increasing nationalism in the EU, saying Euroscepticism…Wed Nov 10 2010 - 00:00
EU auditors court finds commission spending errorsTHE EU’S official auditor complained of a succession of material spending “errors” by the European Commission in its annual report…Wed Nov 10 2010 - 00:00
Fighting graft key to Croats' EU bidCROATIA’S BID to join the EU has entered its “final phase” but the European Commission has told the country it needs to do more…Wed Nov 10 2010 - 00:00
Sugar factory closure 'needless'The closure of the Mallow sugar factory, Ireland’s last, was “needless” because the business was profitable at the time, EU auditors…Wed Nov 10 2010 - 00:00
Bank guarantee extension approvedThe European Commission has approved the extension of the Government’s banking guarantee until the end of June 2011.Wed Nov 10 2010 - 00:00
Juncker backs drive for €15bn adjustmentEURO GROUP chief Jean-Claude Juncker has backed the Government in its drive to make a €15 billion budget adjustment in its four…Tue Nov 09 2010 - 00:00
Rehn to question plan publication delayEU ECONOMICS commissioner Olli Rehn wants to discuss all aspects of the four-year economic plan “in detail” when he meets Minister…Sat Nov 06 2010 - 00:00
Lenihan to meet Rehn on detail of four-year budget planTHE EUROPEAN Commission has backed the outline economic plan published by the Government this week, but is set to seek further…Sat Nov 06 2010 - 00:00
Rehn backs target but says difficult decisions remainEUROPEAN REACTION: EU ECONOMICS commissioner Olli Rehn warned that “difficult” decisions remained to be made as he welcomed …Fri Nov 05 2010 - 00:00
Greece halts mail shipments over explosives plotsGREECE SUSPENDED foreign mail shipments and the EU authorities initiated an emergency review of air cargo security after parcel…Thu Nov 04 2010 - 00:00
EU leaders say treaty changes will not require referendumTHE DECISION of EU leaders to reopen the Lisbon Treaty to create a permanent rescue scheme for eurozone countries was adopted…Sat Oct 30 2010 - 01:00
No decision now on Irish referendum, says CowenCHANGES TO TREATIES: TAOISEACH BRIAN Cowen said it was not possible at this point to say whether the decision of EU leaders …Sat Oct 30 2010 - 01:00
Iran ready to reopen talks with West over nuclear programmeNEGOTIATIONS: IRAN HAS indicated its willingness to return to the negotiating table with western powers over its disputed nuclear…Sat Oct 30 2010 - 01:00
EU leaders back treaty changeEuropean Council president Herman Van Rompuy said EU leaders have agreed a pact to strengthen the euro and he described the deal…Fri Oct 29 2010 - 01:00
Merkel thinks tactical in pursuit of change on two frontsANALYSIS: The demand for loss of voting rights could be a negotiating tacticFri Oct 29 2010 - 01:00