Genetic advances a political football

Europe is in a mild recession at the moment, Economics Commissioner Olli Rehn said as Eurostat cut its estimate for growth in the EU and eurozone for last year, suggesting the much-forecasted double dip.

Ireland was one of just four EU countries with tax on low-incomes at under 30%, and was an example for others countries on how tax could be used to help create employment and fight against poverty.

Workers get a lesson in how money talks

Taoiseach Enda Kenny did not rule out the possibility of a second referendum on the fiscal treaty if it was rejected the first time.

European trade unions said EU policies to create jobs had worsened working conditions and weakened the economy.

Eurozone finance ministers put off taking the final step to agree the second Greek bailout, but the next week will be vital as 90% of private investors need to agree to the bond-swap that will cut Greek debt by €109bn.

The Government has asked the European Commission to ensure confidential documents that go to member states remain confidential, following the leaking of a report on Ireland’s austerity programme.

EU leaders will call for rapid progress on a range of tax issues at their two-day summit that begins in Brussels today, and will also discuss how to increase youth employment.

Bigger budget cuts may be needed this year if growth continues to slow and the tax take drops further, the European Commission will warn today.