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
Pressure mounts on ECB to avert implosion of euroANALYSIS : THE COMING days will be crucialThu 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
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
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
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
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
National sovereignty takes drastic hit as depth of euro zone debt crisis bitesTHE ROAD AHEAD: THE SITUATION in the euro zone grows more volatile by the daySat Nov 05 2011 - 00:00
IMF in Rome to monitor austerity planITALY: THE CRISIS engulfing Italian prime minister Silvio Berlusconi intensified as International Monetary Fund inspectors were…Sat Nov 05 2011 - 00:00
Europe without Greece no longer anathema to leadersEurope’s patience with Greece has run outFri Nov 04 2011 - 00:00
Greece to back bailout under deal if Papandreou steps downEUROPE’S THREAT to cut off rescue aid to Greece plunged its government into chaos as prime minister George Papandreou battled…Fri Nov 04 2011 - 00:00
Greek move will hijack G20 focus on global recessionDIFFERENT CITY, same problemThu Nov 03 2011 - 00:00
EU tries to stem crisis after Greek referendum moveEUROPEAN LEADERS are struggling to contain a new outburst of turmoil in the euro zone after Greek premier George Papandreou stunned…Wed Nov 02 2011 - 00:00
EU deal 'to help market return'The Government believes its campaign to return to private debt markets will be strengthened by the new euro zone rescue package…Fri Oct 28 2011 - 01:00
EU package will facilitate return to market, says GovernmentTHE GOVERNMENT believes its campaign to return to private debt markets will be strengthened by the new euro zone rescue package…Fri Oct 28 2011 - 01:00
Proposals point to greater scrutiny of national budgetsSURVEILLANCE: EUROPEAN LEADERS are discussing German proposals to tighten Europe’s surveillance of national budgets in the euro…Thu Oct 27 2011 - 01:00
Ireland has major stake in effort to banish the spectre of contagionThe crisis has seen EU leaders make promises of support for stricken countries that they hoped never to have to fulfil and create…Thu Oct 27 2011 - 01:00
Taoiseach insists Ireland will not go down default pathTHE TAOISEACH has insisted the Government will not follow Greece down the path of a debt default, saying any repudiation of the…Thu Oct 27 2011 - 01:00
EU to allow Greece to default as euro rescue plan is agreedEUROPE IS poised to proceed with a risky manoeuvre to allow Greece default on its debt but serious doubt remains over the willingness…Thu Oct 27 2011 - 01:00
Banks threaten to derail EU debt crisis strategyTHE WORLD’S biggest banks have threatened to disrupt Europe’s plan for Greece to default on its debt, a move which raises the…Wed Oct 26 2011 - 01:00
Euro rescue plan must surmount series of obstaclesANALYSIS: SEVERAL HURDLES stand in the way of euro zone leaders as they gather tonight in Brussels to hammer out a big new rescue…Wed Oct 26 2011 - 01:00
Alternative to Greek 'haircut' may be catastrophic for euro zoneEUROPEAN DIARY: Without a managed default on Greek debt, the country’s bailout needs could overwhelm EuropeTue Oct 25 2011 - 01:00
EU meets resistance to increase in haircutBANKING CRISIS: GLOBAL BANKS yesterday pushed back against Europe’s drive to impose big losses on Greek bondholders, warning…Tue Oct 25 2011 - 01:00
Kenny adamant State will honour rescue planCONTAGION: THE GOVERNMENT is campaigning to avoid any pressure from markets to follow an imminent sovereign default by Greece…Mon Oct 24 2011 - 01:00
Painful progress as Europe inches closer to debt dealBARGAIN : The concern remains at the highest levels that the package to be agreed will be too small to do the businessMon Oct 24 2011 - 01:00
Franco-German delay on aid plan angers partnersA SUDDEN move by Germany and France to delay a new rescue plan for the euro zone stirred doubt over the strength of the package…Sat Oct 22 2011 - 01:00
