European Union leaders have stopped short of imposing immediate new sanctions against Moscow, despite tough rhetoric condemning Russia’s increasing military involvement in Ukraine.

British Prime Minister David Cameron today warned EU leaders to stop “tinkering” with Europe’s budget and make real savings in line with national austerity efforts.

Enda Kenny will fly to Germany today to meet with Chancellor Angela Merkel for further talks on the eurozone debt crisis.

A European taskforce is being dispatched to Ireland this month to tackle the youth unemployment crisis.

THE degree of uncertainty surrounding the latest bid to resolve the problems besetting the eurozone is perhaps the most worrying aspect of a crisis that will not go away.

The consequences of a eurozone break-up would be immense, but Ireland’s decision to remain on a potentially sinking ship could cost the country dearly in the long run, reports Kyran FitzGerald

The European Union says that Britain is now the only one of its 27 member countries not open to joining a new treaty tying their finances together to solve the euro crisis.

The Government has flatly denied a U-turn on efforts to secure a new interest rate deal on bailout loans.

FINANCIAL Regulator Matthew Elderfield has stated that forcing banks to sell off their loan books quickly would result in huge losses, but conceded that the process must continue.

Britain is to provide at least £1.5bn (€1.65bn) towards a fund to fast track efforts to combat global warming, Gordon Brown said today.

High-energy light bulbs are to be banned in Europe from the start of 2010, EU energy ministers agreed today.

A poll showing a majority of Britons in favour of a European constitution revived calls for a referendum in the UK today.

Germany won’t back down from demanding a realignment of the European Union’s voting system, Chancellor Gerhard Schroeder said today.

THE European food industry has came out largely in support of mid-term reforms, particularly moves to open up the CAP to market forces.

THE battle to decide who pays for enlargement begins todayok in Brussels as the leaders of the EU-15 meet to agree the details.