AUDITORS discovered there was €5.7 billion missing from the EU’s accounts in what was described as a “significant error” by Ireland’s outgoing member of the court of auditors.

THE EU economy is moving into dangerous territory with growth slowing to stagnation and a new recession looming large, according to the latest forecast.

TECHNICAL discussions are ongoing with the European Commission and the European Central Bank to explore ways of reducing the cost of winding up Anglo Irish Bank.

EU GOVERNMENTS should not rely on treaty change to help save the euro, European Commission President Jose Manuel Barroso warned in Brussels last night.

THE euro crisis intensified last night as the EU’s rescue fund found it difficult to raise €3bn on the markets for Ireland and had to pay its highest rate so far for the money — the cost of which will be passed on to Ireland.

ALL eyes will be on Athens this evening as politicians warn that the future of the country is at stake and the health of other eurozone countries is in danger.

THE prospect of Greece leaving the eurozone is still on the table, despite an expected vote by the Athens parliament to accept the austerity measures attached to its second bailout loan.

A SCHEME to make millions of euro available for nationwide high-speed broadband, cheap green energy and fast transport links to the centre of Europe has been welcome by the Government as a vital step toward creating growth and jobs.

FISHERMEN have criticised as “perverse” plans to reduce the amount of some fish they can catch next year, under European Commission proposals that would shut the cod fisheries in the Irish Sea.

THERE was something for everyone, with a little more for the banks and less for the taxpayer, in the deal that emerged from the 10 hours of negotiations by eurozone leaders at the euro summit on Thursday.