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EU GOVERNMENTS should not rely on treaty change to help save the euro, European Commission President Jose Manuel Barroso warned in Brussels last night.
Tue, 08 Nov, 2011
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.
Fri, 04 Nov, 2011
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.
Thu, 20 Oct, 2011
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.
Wed, 28 Sep, 2011
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.
Sat, 23 Jul, 2011
THE cost of Ireland’s bailout will be cut by over €1 billion a year as other lenders have indicated they will follow the EU’s lead and reduce the interest rate on the entire €67bn loan.
THE European Commission has approved state aid of up to €13.1 billion for the merged Allied Irish Bank and Educational Building Society to ensure it is sufficiently capitalised to meet stress test requirements.
Sat, 16 Jul, 2011
MOBILE phone operators who charge customers three times more for their calls when abroad are facing a raft of new rules to force them to drop their prices.
Wed, 06 Jul, 2011