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Posts tagged with "EU"
Talks Commence On Failing Bank Measures
May. 14 | Talks are due to begin in Brussels on Tuesday with regards to how bank losses and closures will be dealt with in future and who should be liable for losses. The discussions form part of wider talks on the proposed revisions to a new European banking union. Heading...
Ministers Set To Discuss Horse Meat Scandal
Feb. 13 | Minister Simon Coveney in his capacity as chairperson of the Council of EU Agriculture Ministers has called for a informal meeting in Brussels on Wednesday so that ministers can discuss a solution to the ongoing horse meat crisis. Those EU countries...
Ireland To Take Up EU Presidency
Dec. 31 | Ireland is due to assume the presidency of the European Union from January 1st 2013. In a ceremony in Dublin Castle to mark the event, Taoiseach Enda Kenny pledged that Irelands period at the helm would be focused on jobs and stability. Tánaiste Eamon...
Key EU Greece Report Due Monday
Nov. 9 | As time ticks down for Greece towards its November refunding deadline, a critical International Monetary Fund, European Central Bank and European Commission report due on Monday will determine its short term future. Greece will officially run out of...
Spanish Borrowing Costs Rise
Jun. 19 | Spain managed to exceed its own expectations, raising just over €3 bn euro in a short-term debt sale on Tuesday, however borrowing costs have soared. Figures from the Bank of Spain have shown that the yield increased to 5.074% and 5.107% for 12 and...
No Plans For Spanish Bailout
Jun. 6 | Following talks at the European Commission, Spanish Economy Minister Luis de Guindos said his country had not yet requested financial assistance and had no plans to do so in the short term. However there are believed to be high level discussions taking...
Contingency Plans Drawn Up For Greek Exit
May. 18 | The European Commission and the European Central Bank have said that they are working on drawing up contingency plans should Greece leave the eurozone following next months elections. The comments made by EU trade commissioner Karel De Gucht in a newspaper...
Lagarde Warns Of Expensive Greek Exit Consequences
May. 17 | Head of the International Monetary Fund, Christine Lagarde, has said in an interview that there would be “expensive and hard” consequences for Greece were it to leave the eurozone. She also raised concerns that any such exit could also have...
Permanent TSB Posts Record Losses
Apr. 2 | Permanent TSB has reported an annual loss of €424 million. The bank, which is state owned, had issued a statement earlier in the year warning of record losses. The bank is currently in the process of being separated from life assurance company Irish...
