The President of the European Commission José Manuel Barroso is rejecting claims that the current financial crisis in the EU is due to the euro currency.

A report from Sustainable Energy Ireland (SEI) shows a significant fall in both gas and electricity prices to Irish businesses while many EU States experienced rises.

TOUGH negotiations to hammer out the European Union’s budget for the next seven years will go down to the wire, the Irish Government predicted last night.

A formal request was lodged with the European Union today to recognise Irish officially as a working language.

EU financial watchdog Eurostat will unveil new proposals to alter the Stability and Growth Pact in January.