The European Union has confronted the euro area’s biggest economies over their spending plans for next year as austerity demands restrain the bloc’s recovery from the longest recession in its history.
Sat, 16 Nov, 2013
THE euro faces a decisive week as European Union leaders, urged on anxiously by the United States, seek agreement on the definitive rescue plan that has eluded them for two years.
Mon, 05 Dec, 2011
THE European Commission pressed Greece to spell out “key elements” of a new savings package, such as the timetable for state asset sales, in order to qualify for the next aid installment.
Fri, 23 Sep, 2011
MARKETS responded positively to the announcement that the European Commission will present a series of options for eurobonds next month.
Thu, 15 Sep, 2011
GERMANY, Spain and the European Union rebuffed International Monetary Fund managing director, Christine Lagarde’s call for an “urgent,” potentially mandatory, recapitalisation of Europe’s banks.
Tue, 30 Aug, 2011
Labour Party MEP Nessa Childers says the EU Economic and Monetary Affairs Commissioner Olli Rehn has confirmed to her that there is room for discussion on certain aspects of the EU/IMF bailout deal.
Wed, 16 Feb, 2011
EUROPE’S economy expanded less than economists forecast in the fourth quarter as cold weather curbed German output and French growth unexpectedly stalled.
IRELAND could yet be forced to relinquish its 12.5% corporation tax rate if it has to go to Europe for financial assistance to deal with the current debt crisis.
Fri, 08 Oct, 2010
Tighter monitoring measures of national economies in the eurozone are on the cards in the wake of the Greek crisis, the European Commission said today.
Fri, 12 Feb, 2010
THOSE hoping for another cut in ECB rates after Thursday’s historic move to 1% will probably be disappointed.
Sat, 09 May, 2009
IRELAND is more exposed than most other eurozone countries to the ill-effects of a down turn in the US economy, but a recessionis in no way inevitable, according to Finance Minister Brian Cowen.
Wed, 23 Jan, 2008
EU finance chiefs are holding their second day of talks in Portugal today, with the global markets crisis expected to dominate discussion again.
Sat, 15 Sep, 2007
The European Commission today turned down Lithuania’s application to join the euro next year but approved Slovenia – now likely to become the first new user of the common currency since it was launched in 2002.
Tue, 16 May, 2006
Lithuania and Slovenia will hear from the European Commission tomorrow if they are on track to join the European Union’s single currency next January.
Mon, 15 May, 2006
Finance ministers from the 12 nations that use the euro stepped up disciplinary action against Germany yesterday after it broke the budget rules that underpin the common European currency for the fourth year running.
Tue, 14 Mar, 2006
The European Commission today challenged Britain’s public finances when it said it expected a deficit of 3.1 per cent of gross domestic product in 2006-07 - contrary to the forecast chancellor Gordon Brown made last month.
Wed, 11 Jan, 2006
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Commemorating 100 years since the War of Independence
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