Ireland and the EU

Latest business news about Ireland and the European Union.

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Irish PM warns UK exit from EU would be 'catastrophic' — 17 January 2013, 00:27 CET

Irish Prime Minister Enda Kenny warned Wednesday that a British exit from the EU would be a disaster, after giving a passionately pro-Europe speech to the European Parliament.

Ireland to exit bailout 'before end of year' — 16 January 2013, 12:38 CET

Ireland has met all its obligations to EU and IMF creditors under its 2010 bailout and will exit the aid programme "before the end of this year," Prime Minister Enda Kenny said on Wednesday.

EU not to blame for austerity: Barroso — 10 January 2013, 17:49 CET

European Commission President Jose Manuel Barroso denied on Thursday that the European Union was behind the tough austerity measures that have swept the continent in recent years.

Juncker offers hope for help with legacy bank debt — 10 January 2013, 18:41 CET

Eurozone head Jean-Claude Juncker offers some hope that the eurozone's new rescue fund can help ease the burden on countries that had to bail-out banks before it became operational.

EU leaders want UK in union, but not treaty change — 09 January 2013, 22:54 CET

European leaders on Wednesday stressed the importance of keeping Britain in the EU, but said they opposed treaty changes demanded by Prime Minister David Cameron.

Deal on Irish bank debt is EU presidency priority — 09 January 2013, 22:54 CET

Dealing with the scale of the Irish banking debt is a priority of Ireland's EU presidency, Prime Minister Enda Kenny said Wednesday.

Ireland hopes Britain will stay in EU — 08 January 2013, 21:39 CET

Ireland hopes Britain will not turn its back on the European Union but it must abide by the same conditions as other member states, Irish deputy prime minister Eamon Gilmore said on Tuesday.

Euro crisis undercuts EU rotating presidency — 28 December 2012, 11:44 CET

The European Union's rotating six-month presidency has lost much of its authority in recent years as the eurozone crisis and increased powers for Brussels have undercut its role and importance.

Ireland's EU presidency hoping for growth but trouble persists — 28 December 2012, 11:43 CET

Bailed-out Ireland hopes to use the momentum of its presidency of the European Union in the first half of 2013 to push through measures to boost growth and create jobs.

Ireland to focus on growth as EU president — 20 December 2012, 14:04 CET

The way forward out of the crisis for Europe is to secure growth and jobs, Irish Deputy Prime Minister Eamon Gilmore said on Monday as his country prepares to take over the rotating EU presidency.

Ireland needs more time to repay bailout: central bank head — 08 December 2012, 16:12 CET

Crisis-hit Ireland needs more time to repay its bank bailout funds, the eurozone member's central bank governor Patrick Honohan said in an interview with a German daily Saturday.

Dublin announces new EUR 3.5 bn austerity budget — 05 December 2012, 18:37 CET

Bailed-out eurozone member Ireland on Wednesday launched its sixth consecutive austerity budget which seeks to claw back 3.5 billion euros via painful taxation hikes and public spending cuts.

Euro rescue fund respects treaties: EU top court — 27 November 2012, 23:30 CET

The EU's highest court ruled on Tuesday that the European Stability Mechanism, the permanent euro rescue fund created to try and prevent repeats of the Greek debt crisis, does not breach EU treaties.

Ireland says EU budget delay would hold back Europe — 21 November 2012, 16:37 CET

Protracted negotiations about the EU budget would distract from the task of rebuilding growth in Europe, Irish Prime Minister Enda Kenny said on Wednesday.

France, after Germany, backs Ireland on bank debt deal — 22 October 2012, 19:18 CET

France on Monday boosted hopes for ailing Irish banks to benefit retroactively from a new eurozone bailout fund, by repeating the German position that the crisis-hit country was a "specific case".

Ireland should be 'specific case' on bank debt: France — 22 October 2012, 17:20 CET

French President Francois Hollande said Monday that Ireland's handling of its banking debt crisis should be considered as a special case distinct from the rest of the eurozone debt crisis.

Germany, Ireland say seeking 'sustainable' debt solution — 22 October 2012, 16:59 CET

Germany and Ireland are seeking ways to help Dublin manage its debt burden, a German government spokesman said on Monday, saying that the problems of Irish banks amounted to "special circumstances".

EU must stick to accord on bank debt: Ireland — 03 October 2012, 18:39 CET

Ireland insisted Wednesday the EU stick to a June summit agreement aimed at breaking the vicious circle in which stricken banks sink the economy and force a bailout, if only for its own credibility.

Monti, Rajoy call for more eurozone solidarity — 21 September 2012, 15:47 CET

Italian Prime Minister Mario Monti urged Greek counterpart Antonis Samaras to implement reforms and called with Spanish Prime Minister Mariano Rajoy for more eurozone solidarity at talks in Rome on Friday.

Greece should continue with 'all necessary reforms': Monti — 21 September 2012, 12:55 CET

Italian Prime Minister Mario Monti on Friday urged Greece to pursue its consolidation of public finances and "all necessary reforms" at talks in Rome with his Greek counterpart Antonis Samaras.

IMF urges ESM funds for Irish banks — 06 September 2012, 10:43 CET

The IMF urged the European Union Wednesday to allow its stability fund to invest in Irish banks as it freed up fresh funds for the country's restructuring program.

EU probes Ryanair's latest bid for Aer Lingus — 29 August 2012, 13:05 CET

European Commission competition watchdogs announced on Wednesday that they have launched a detailed probe into low-cost airline Ryanair's proposed takeover of Irish rival Aer Lingus.

Campaign group says kept in the dark about Facebook case — 30 July 2012, 20:31 CET

An Austrian group fighting for clearer privacy policies on Facebook complained Monday that the Irish Data Protection Commissioner (DPC) was keeping it in the dark about proceedings.

Campaign group says kept in the dark about Facebook case — 30 July 2012, 15:22 CET

An Austrian group fighting for clearer privacy policies on Facebook complained Monday that the Irish Data Protection Commissioner (DPC) was keeping it in the dark about proceedings.

Ireland wins top marks from IMF-EU, escapes recession — 12 July 2012, 16:41 CET

Ireland is clawing out of the economic crisis which drove the "Celtic tiger" economy into a debt bailout, EU-IMF auditors said on Thursday, implying that the country could be rewarded with some easier rescue terms.