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Dublin: 6 °C Thursday 27 February, 2020

#Eurozone

From TheJournal.ie Unemployment down in eurozone but 18 million still jobless Crisis

Unemployment down in eurozone but 18 million still jobless

Greece is still the country faring the worst with an unemployment rate of 26.7 per cent.

From TheJournal.ie Merkel on bank debt deal: ‘I have a positive outlook on the possible outcome’ Bank Debt

Merkel on bank debt deal: ‘I have a positive outlook on the possible outcome’

Having spent the morning at the EPP Congress, Merkel met with the Taoiseach and the Tánaiste at Government Buildings this afternoon.

From TheJournal.ie No interest rate break for tracker holders Tracker Bar

No interest rate break for tracker holders

ECB president Mario Draghi holds interest rates firm.

From TheJournal.ie Column: The fight for the future of Ukraine is not over – not by a long shot Ukraine

Column: The fight for the future of Ukraine is not over – not by a long shot

The deal struck between the government and opposition in Ukraine is a win for the EU … but Russia is not out of the fight, David Moloney.

From TheJournal.ie Column: Will Kenny finish the job he started as a 'reforming' leader in Brussels? Jyrki Katainen

Column: Will Kenny finish the job he started as a 'reforming' leader in Brussels?

If Enda Kenny seeks the position of either President of the European Council or head of the European Commission, he could achieve great things for Ireland and Europe, writes David Moloney.

From TheJournal.ie Explainer: What is this SEPA thing all about? Mo Money Mo Rights

Explainer: What is this SEPA thing all about?

Have you your IBAN ready?

From TheJournal.ie Good news! Eurozone governments are paying off their debts Debt Ratio

Good news! Eurozone governments are paying off their debts

Eurostat says the decline in government debt is the first since 2007.

From TheJournal.ie The 9 at 9: Friday The 9 At 9

The 9 at 9: Friday

Good morning! Here are nine things you need to know as you start your day.

From TheJournal.ie Michael Noonan to discuss Troika exit with head of eurozone bailout fund Bank Debt Deal

Michael Noonan to discuss Troika exit with head of eurozone bailout fund

Ireland’s push for a bank debt deal may also come up, but is not on the formal agenda for the meeting today.

From TheJournal.ie The 9 at 9: New Year's Day 9 At 9

The 9 at 9: New Year's Day

Good morning! Here are nine things you need to know on the first day of 2014.

From TheJournal.ie And then there were 18: Latvia joins the Euro today Welcome Aboard

And then there were 18: Latvia joins the Euro today

There was some surprise about the timing of Latvia’s request to join the Euro, but its government thinks it will help to attract investors.

From TheJournal.ie Taoiseach admits his own deadline on bank debt deal will be missed Bank Debt

Taoiseach admits his own deadline on bank debt deal will be missed

Enda Kenny’s comments came prior to those of the European Commission president Jose Manuel Barroso last week where he appeared to rule out any retrospective bank deal.

From TheJournal.ie 'Ireland wasn't a victim of the Euro, the Euro was a victim of Ireland's banks'- Barroso Eurozone Crisis

'Ireland wasn't a victim of the Euro, the Euro was a victim of Ireland's banks'- Barroso

The European Commission President didn’t mince his words last night.

From TheJournal.ie The NTMA will play it safe and look to raise €6-10 billion on bond markets in 2014 Bailout Exit

The NTMA will play it safe and look to raise €6-10 billion on bond markets in 2014

The NTMA say that they will not “run out the door” to make a long-term bond sale.

From TheJournal.ie Employment growth in Ireland outpaces the eurozone says EU stats office Jobs

Employment growth in Ireland outpaces the eurozone says EU stats office

EU figures show that employment grew by 1.1 per cent in Ireland between July and September, second only to Portugal.

From TheJournal.ie Dijsselbloem: EU ministers are 'losing patience' with Greece Budget 2014

Dijsselbloem: EU ministers are 'losing patience' with Greece

The Eurogroup President made the comments to a Greek newspaper ahead of the country’s draft budget announcement today.

From TheJournal.ie "We fully support Ireland's decision" - EU finance ministers Bailout Exit

"We fully support Ireland's decision" - EU finance ministers

After a meeting in Brussels this evening the Eurogroup also announced that Spain would would not be requesting any further assistance when it exit its banking bailout.

From TheJournal.ie "The purpose of the programme was actually to exit the programme" - Noonan Bailout Exit

"The purpose of the programme was actually to exit the programme" - Noonan

The Finance Minster says that Ireland’s decision not to take a post-bailout credit line was because this was a “benign” time. The Troika say Ireland is in a “strong position”.

From TheJournal.ie Europe's finance ministers discussing how best to deal with failing banks Eurogroup

Europe's finance ministers discussing how best to deal with failing banks

Michael Noonan is joining his eurozone counterparts in Brussels later today.

From TheJournal.ie Column: The real problem to our economic crisis? The eurozone itself is deeply flawed. Column

Column: The real problem to our economic crisis? The eurozone itself is deeply flawed.

Our shared currency system is not just preventing our ability to recover but is at the root of inevitable further looming crises, writes Mike Hall.

From TheJournal.ie Sinn Féin on Troika meeting: 'We gave it to them hard and heavy' Troika Talks

Sinn Féin on Troika meeting: 'We gave it to them hard and heavy'

Pearse Doherty said that officials from the Troika told Sinn Féin that the chances of retrospective bank recapitalisation are “very slim”.

From TheJournal.ie Damien Kiberd: If Enda wants cash from his EU mates, he needs to stop ticking the boxes Column

Damien Kiberd: If Enda wants cash from his EU mates, he needs to stop ticking the boxes

Taoiseach Kenny wrote a letter to 26 EU heads about their 2012 “commitment” to give Ireland special treatment – but they don’t care for wimpish reminders.

From TheJournal.ie Column: Europe needs a new approach to illegal immigration Lampedusa

Column: Europe needs a new approach to illegal immigration

Restoring fiscal health to the eurozone remains a serious challenge, but the EU must nevertheless find a solution to its illegal immigration crisis to prevent further tragedies, writes David Moloney.

From TheJournal.ie Creation of Single Supervisory Mechanism for eurozone banks is approved Banking Union

Creation of Single Supervisory Mechanism for eurozone banks is approved

The new set of banking rules “will restore fair lending conditions across the EU,” said Barroso.

From TheJournal.ie Slight rise in EU unemployment rate Jobless Numbers

Slight rise in EU unemployment rate

The biggest increases in unemployment were in Greece and Cyprus. Ireland is seventh worst out of the 28 EU members.

From TheJournal.ie Political crisis in Italy as Berlusconi's ministers resign Italy

Political crisis in Italy as Berlusconi's ministers resign

The five ministers stepped down yesterday after what’s been called a ‘crazy act’ of encouragement from the former leader.

From TheJournal.ie ESM chief: Recouping of AIB, BoI costs "either difficult or impossible" Bailout Fund

ESM chief: Recouping of AIB, BoI costs "either difficult or impossible"

The Government had been hoping to unload the debt from the two bailed-out banks.

From TheJournal.ie Column: What do the results of the German election mean for Ireland and Europe? Opinion

Column: What do the results of the German election mean for Ireland and Europe?

David Moloney breaks down the results of the 2013 German federal election, focusing on what kind of impact it will have on the wider eurozone economy – and, specifically, on Ireland’s corporation tax.

From TheJournal.ie ECB chief says tracker mortgage rates to remain low Eurozone

ECB chief says tracker mortgage rates to remain low

Mario Draghi says that the Eurozone is recovering, slowly, but had good news for holders of tracker mortgages.

From TheJournal.ie Merkel: Ireland has made good progress, I'm grateful to Enda Kenny Bank Debt Deal

Merkel: Ireland has made good progress, I'm grateful to Enda Kenny

Earlier the Tánaiste Eamon Gilmore said that the result of the German election was never going to impact on Ireland’s push for retrospective recapitalisation of its banks.

From TheJournal.ie Good news for Ireland as Eurozone economy ‘stabilising’ Recession

Good news for Ireland as Eurozone economy ‘stabilising’

New statistics from the European Commission show that recovery is underway.

From TheJournal.ie Here Is What Happened Today: Wednesday News Fix

Here Is What Happened Today: Wednesday

Everyone’s talking about the Leaving Certificate results, Ireland winning a gold medal in Moscow and Europe’s recession coming to an end.

From TheJournal.ie The 5 at 5: Wednesday 5 At 5

The 5 at 5: Wednesday

5 minutes, 5 stories, 5 o’clock…

From TheJournal.ie NTMA to sell €500m of T-Bills this week Bills Bills Bills

NTMA to sell €500m of T-Bills this week

The National Treasury Management Agency (NTMA) will undertake the seventh Treasury Bill sale of 2013 on Thursday.

From TheJournal.ie Greece readies itself for another general strike Greek Protests

Greece readies itself for another general strike

Unions have called for a one-day national mobilisation against the axing re-deployment of thousands of civil servants.

From TheJournal.ie IMF tells eurozone to fix the banks and sort out unemployment IMF

IMF tells eurozone to fix the banks and sort out unemployment

The IMF has given four tasks for the eurozone to complete to ensure recovery.

From TheJournal.ie Eurozone ministers to decide if Greece should get bailout money POCKET MONEY

Eurozone ministers to decide if Greece should get bailout money

Minister Michael Noonan is in Brussels today for the talks.

From TheJournal.ie Food, alcohol and tobacco prices drive up cost of living Inflation

Food, alcohol and tobacco prices drive up cost of living

Inflation in the eurozone is expected to be 1.6 per cent for last month, up 0.2 per cent from May.

From TheJournal.ie Over 26 million people in the EU were unemployed last month Unemployment

Over 26 million people in the EU were unemployed last month

Compared with May last year, the rate of unemployment has increased in 17 member states and fallen in ten.

From TheJournal.ie Debt deals mean we're borrowing €20bn less in next decade - Noonan Every Little Helps

Debt deals mean we're borrowing €20bn less in next decade - Noonan

The finance minister gives his formal tip-of-the-hat to the news that the two European bailout funds are delaying repayments.