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Italy slips back into recession, Germany rejects France growth appeal

07.08.14 @ 09:24

Italy has slipped back into recession putting pressure on Prime Minister Matteo Renzi to fulfil promises to see through major structural reform to boost growth. The Italian economy, the third largest in the eurozone, ...

EU urges Ireland to maintain austerity

24.06.14 @ 08:44

The EU commission has warned that the Irish economy is still vulnerable, urging the government to stick to budget austerity. The warning is contained in a report published on Monday (23 June) by the EU executive ...

EU to launch corporate tax probe into Ireland and others

11.06.14 @ 09:28

The European Commission is to launch a formal investigation into whether tax breaks used to attract international companies breach the EU’s state aid rules. The probe, which is likely to target Ireland, Luxembourg and ...

Post EU ElectionsIrish voters reward Sinn Fein, punish government parties

24.05.14 @ 15:50

Irish voters on Friday (23 May) gave a strong signal to the government that they have tired of austerity, reaching out to alternative parties in the local elections and set to do the same for the EU vote. According to ...

EU 'bullied' Ireland into bailout, former Barroso aide says

08.05.14 @ 09:14

The EU's institutions 'bullied' Ireland into a bailout, a senior former adviser to the European Commission's president said on Wednesday (7 May). In an interview with Irish network RTE, Phillipe Legrain accused the ...

Irish economy in surprise decline, threatens debt-cutting plan

14.03.14 @ 09:29

Ireland's economy suffered a shock decline in the final months of 2013, posting negative growth for the year and casting a pall over the country's full return to the financial markets. Data from the country's Central ...

Post EU ElectionsCentre-right leaders to pick top EU commission candidate

06.03.14 @ 09:27

European centre right leaders are gathering in Dublin on Thursday and Friday (6-7 March) to select their top candidate for the post of European Commission President. With the Ukraine crisis taking over the EU agenda and ...

InvestigationTroika consultancies: A multi-million euro business beyond scrutiny

16.12.13 @ 09:23

Alvarez and Marsal, BlackRock, Oliver Wyman, Pimco: The names mean nothing to the average European. But the financial consultancies have played a central role in all the eurozone bailouts and have so far invoiced ...

'We can't go mad again' - the reality as Ireland leaves its bailout

14.12.13 @ 08:14

Ireland will become the first eurozone country to exit a bailout on Sunday when it completes its €67.5 billion three-year programme. However, those hoping that this brings an end to an austerity programme that has seen ...

OpinionIreland and Greece prove the naysayers wrong

22.11.13 @ 17:37

Irish Premier Enda Kenny has announced his country will exit its bailout programme in December. When he took office in 2011, Ireland’s budget deficit was over 30 percent of GDP. Narrowing it to projections of 7.3 ...

Debunking the Troika's 'success' in Ireland

22.11.13 @ 09:20

As Ireland's three-year bailout programme is coming to an end, its lenders are keen to present the exit as proof that austerity policies can work - but economists and social activists are sceptical. "It is very good to ...

Ireland becomes first euro country to quit bailout programme

14.11.13 @ 20:27

Ireland will become the first eurozone country to exit a bailout programme, after deciding that it will not request a temporary credit line when its €85 billion rescue finishes on December 15th. The move will bring to ...

Greece returns to haunt euro ministers

14.11.13 @ 09:24

Eurozone finance ministers will meet on Thursday (14 November) with the currency union's four bailout programmes dominating an otherwise quiet agenda. Officials are, once again, becoming frustrated by Greece. The Greek ...

AnalysisLessons from Ireland's failed bank guarantee

01.10.13 @ 07:53

On 30 September 2008 the Irish government announced it will guarantee all banks, their loans and deposits to the tune of €440 billion - three times the size of the country's economy. It was two weeks into the global ...

Greece will need new bailout aid, Dijsselbloem says

05.09.13 @ 18:48

Greece will need more time and money to successful emerge from its bailout programme, Eurogroup chief Jeroen Dijsselbloem has confirmed. Speaking on Thursday (5 September) with members of the European Parliament's ...

Austerity could be 'self-defeating' for Ireland

22.07.13 @ 09:16

A former IMF official has said Ireland needs to move away from austerity measures if the country's economy is to grow. Ashoka Mody, who was one of the architects of Ireland's IMF bailout, told broadcaster RTE that there ...

Irish tapes show need for EU bank union

02.07.13 @ 20:19

Despite receiving fulsome praise from a series of EU leaders for their six month stint holding the EU's rotating presidency, the Irish government finished the job on a sour note. A series of taped conversations between ...

Irish 'rage' after bank cheated on multi-billion bailout

25.06.13 @ 09:29

Irish leader Enda Kenny has said he understands "the rage and the anger" of Irish people on Monday (24 June) following a leak of taped conversations by two Anglo-Irish bank bosses which indicate the Irish government was ...

Ireland on the defensive in Apple tax row

22.05.13 @ 09:42

An EU summit on the issue of tax co-ordination on Wednesday (22 May) is likely to put more pressure on low-tax countries like Ireland amid revelations in the US that Apple and other large corporations are using EU-based ...

Russia threatens Ireland with adoption ban

26.04.13 @ 09:29

Russia has threatened to impose a US-type adoption ban on EU presidency country Ireland if its MPs pass a tough resolution on the late anti-corruption activist Sergei Magnitsky. Its ambassador in Dublin, Maxim Peshkov, ...

AnalysisIn search of Europe's prophets

19.04.13 @ 08:40

Among other things, recent European politics has suffered from a shortage of prophets. Although it would be a stretch to describe Michael Higgins as a prophet, the Irish president is possibly Europe's only intellectual ...

Bundestag approves Cyprus bailout

18.04.13 @ 15:12

The German Parliament on Thursday (18 April) approved with a large majority a €10 billion EU and International Monetary Fund bailout for Cyprus. They also backed a request to give seven extra years for Ireland and ...

Austria attacks UK, as EU finance talks get ugly

12.04.13 @ 09:28

Austria has accused the UK of being a haven for money launderers ahead of an EU meeting in Dublin, with Cyprus, Ireland, Portugal and Slovenia's (potential) bailout needs also on the agenda. The Austrian finance ...

Ireland and Portugal set for debt deferral

06.03.13 @ 09:50

Ireland and Portugal are to be given more time to repay their emergency loans with both countries seen as good pupils in following the imposed austerity programme. An EU finance ministers meeting Tuesday (5 March) noted ...

Ryanair slams EU's 'political' decision on Aer Lingus bid

27.02.13 @ 18:47

Budget airline Ryanair has slammed what it described as a "politically motivated" decision by the European Commission to block its €694 million bid to take over rival Aer Lingus. In a strongly worded statement issued as ...

ECB gives blessing to 'historic' debt deal for Ireland

07.02.13 @ 19:10

The Irish government has secured the tacit blessing of the European Central Bank (ECB) on a long-awaited deal extending the debt repayment on its bailed out banks. "Today's outcome is an historic step on the road to ...

Semeta urges Irish action on EU tax files

11.01.13 @ 09:19

EU tax commissioner Algirdas Semeta has called on the Irish presidency to break the log-jam on proposed EU tax legislation, while saying that Brussels has no plans to harmonise national tax rates. Speaking to the Irish ...

Ireland looks to 'successful' exit from bailout programme

10.01.13 @ 18:27

Ireland is holding itself up as an example of hope for other ailing eurozone countries, saying it is on track to come out of its EU-International-Monetary-Fund (IMF) bailout programme later this year, but that it wants ...

AgendaIrish EU presidency starts work this WEEK

07.01.13 @ 09:22

Ireland takes over the EU presidency this week, amid promises to help restore growth to the European economy. It marked the event with a modest EU balloon-flying and flag-raising ceremony in Dublin castle on New Year's ...

Irish EU presidency outlines post-crisis agenda

18.12.12 @ 09:27

The incoming Irish EU presidency says it will focus on jobs and growth in the next six months, echoing claims the sovereign debt part of the euro crisis has ended. Foreign minister Eamon Gilmore told press in Brussels ...

EU budget diplomacy to mark Irish presidency

03.12.12 @ 08:32

Exactly 40 years after it joined the EU, Ireland will take on the day-to-day running of the EU including overseeing the almost 70 laws needed to get the currently-disputed longterm budget up and running. The debt-ridden ...

EU court to hear Irish complaint on bailout fund

23.10.12 @ 09:24

The EU court in Luxembourg will on Tuesday (23 October) hold its first hearing on an Irish challenge to the EU bailout fund, the European Stability Mechanism (ESM). Based in a small office in Luxembourg, run by a German ...

Irish data office struggling to cope with EU demands

27.09.12 @ 09:24

The data protection office (DPC) in crisis-hit Ireland might need to hire more staff to cope with the demands of an upcoming EU privacy law. Ireland is the EU headquarters of some of the world's largest Internet ...

Economic gloom poses problems for bailed-out countries

29.08.12 @ 09:46

Recession-hit Portugal is likely to miss its deficit target this year, the troika of international lenders is expected to conclude next month following its return to Lisbon on Tuesday (28 August) to take stock of the ...

Brussels: 'Banks should pay for banks'

06.06.12 @ 14:16

The European Commission in Wednesday (6 June) unveiled proposals designed to change the too-big-to-fail rationale that has seen billions of euros of tax payers' money pumped into Europe's ailing banking sector. "We are ...

OpinionIrish referendum: anger, fear and some hope

04.06.12 @ 10:49

At the outset there was a clear choice for the Irish electorate, when they went to the polls last Thursday for the 9th time on a European issue since 1973. „Yes to Stability“ or „No to Austerity“. And they delivered a ...

Ireland votes Yes on fiscal treaty, expects EU solidarity

01.06.12 @ 16:41

Ireland has voted in a favour of the fiscal discipline treaty but the Yes vote is seen as grudging and the country is now expecting EU "solidarity" in return. With all votes counted, 60.3 percent voted in favour of the ...

Irish head to polls on fiscal treaty

31.05.12 @ 02:45

Irish voters are heading to the polls on Thursday (31 May) to decide on the budget-balancing fiscal discipline treaty, amid a stark warning by Prime Minister Enda Kenny that to reject the document would see the country' ...

OpinionAnother treaty, another Irish referendum

28.05.12 @ 15:17

Another European treaty. Another Irish referendum. Once again the main political parties, somewhat battle weary, join forces to argue Yes. Sinn Fein and Declan Ganley, the maverick federalist, campaign for a No. Most ...

EU takes aim at Israeli settler products

15.05.12 @ 09:22

EU foreign ministers have "warned" Israel they will take a tougher approach to exports originating in illegal settlements on Palestinian land. The ministers in a statement on Monday (14 May) detailing Israel's long-term ...

VideoThink-tanks: The 'grey zone' between journalism and policy-makers

01.05.12 @ 07:50

"You have to be able to think like an academic, act like a diplomat and write like a journalist", says Hugo Brady, who works in Brussels as senior research fellow for the UK-based Centre for European Reform. He analyses ...

Video'We still want change'

30.04.12 @ 08:50

People from all over the world are expected to take to the streets on 12 May to celebrate the first anniversary of the Spanish 'indignado' movement protesting economic austerity measures. Brussels-based 'indignados' ...

VideoFear and anger ahead of Ireland's fiscal treaty referendum

27.04.12 @ 09:19

Conservative MEP Sean Kelly, in favour of the fiscal discipline treaty, goes head to head with Socialist MEP Paul Murphy arguing for a No. Analyst Hugo Brady from the Centre for European Reform says Irish people are ...

OpinionFiscal treaty - taking the EU in the wrong direction

17.04.12 @ 16:32

As an Irish legislator and citizen I keep asking myself, would it not be absurd if Irish voters were to vote in the 31 May Fiscal Compact Referendum in favour of imposing austerity rules on ourselves in order to get ...

VideoMany Irish unaware of upcoming referendum

05.04.12 @ 12:04

Prime Minister Enda Kenny says voting in favour of the fiscal compact treaty on 31 May will secure Ireland's role in the eurozone and give the country access to the EU's long term bailout fund, the ESM. Others, such as ...

Irish citizens boycott austerity tax

02.04.12 @ 09:19

Almost half of Irish people have refused to pay a household tax imposed as part of promised savings measures, while government pressure to secure the levy risks further angering an austerity-weary public. By a Saturday ...

Irish to vote as treaty is outside normal EU structures

29.02.12 @ 09:27

The drafters of the fiscal discipline treaty did everything they could to make sure it would not trigger a referendum in Ireland but a fact beyond their control - that it was a deal outside EU structures - means Irish ...

Ireland to hold referendum on fiscal compact

28.02.12 @ 17:18

In a surprise move, the Irish government on Tuesday (28 February) decided to hold a referendum on the new intergovernmental treaty on fiscal discipline demanded by Germany for future eurozone bail-outs. "The Irish ...

Ireland plans referendum body on possible EU treaty poll

28.12.11 @ 08:33

Irish Prime Minister Enda Kenny has said he intends to establish a permanent referendum commission so that the public is fully prepared for a possible poll on the fiscal discipline treaty currently being drawn up by ...

Majority of French oppose fiscal treaty

15.12.11 @ 10:10

A majority of French people are opposed to the recently agreed EU plans for a fiscal compact treaty, with opposition Socialist presidential candidate Francois Hollande calling for a renegotiation of the text. Some 52 ...

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