Eurozone
The name given to the 16 EU countries who have adopted the Euro as their sole currency. The European Central Bank is responsible for the monetary policy of the Eurozone.
# eurozone - Monday 1 October, 2012
11.4 per cent: Eurozone unemployment reaches another record high
Unemployment throughout the European Union is 10.5 per cent – with 25.5 million people looking for work throughout the bloc.
EU report says Irish homes hit second-hardest by economic slump
Disposable incomes in Irish households fell by more than in every other EU country between 2009 and 2011 – except for Greece.
# eurozone - Saturday 29 September, 2012
Aaron McKenna: How we all missed the week’s biggest story
Roisin Shortall’s resignation dominated the news this week – which may be a relief for some in Government.
# eurozone - Friday 28 September, 2012
The Evening Fix…now with added iSorry
Some of the things we learned, loved and shared today.
France introduces 75 per cent income tax rate for millionaires
France unveiled the toughest package of tax rises and spending cuts ever seen in the country during an economic downturn.
# eurozone - Wednesday 26 September, 2012
Pics: Petrol bombs thrown at Greek police during anti-austerity protests
There were scenes of violence on the streets of Athens today.
Shares fall amid protests against austerity in Athens and Madrid
Protests on the streets of Spain and Greece have spooked the markets.
Kenny shrugs off impact of trilateral statement on banking deal
Enda Kenny says last night’s statement from the ministers of Finland, Germany and the Netherlands does not change EU policy.
Greek workers begin another general strike
Protests are also planned against the latest round of austerity measures.
Germany, Finland and the Netherlands deliver blow to Ireland’s hopes for bank debt deal
The country’s three finance ministers issued a statement last night stating that the EU rescue fund would only deal with future problems.
# eurozone - Sunday 23 September, 2012
Jean-Claude Juncker is very angry and here are the pics to prove it
The longest serving head of government in the EU and the head of the Euro Group is not a man to mess with and these pictures prove it…
# eurozone - Saturday 22 September, 2012
Hollande and Merkel buddy up for anniversary talks as Euro, EADS loom
The European leaders met today to mark the seminal 1962 speech made by Charles de Gaulle famed for opening a new chapter in relations between France and Germany.
# eurozone - Friday 21 September, 2012
The 9 at 9: Friday
Good morning! Here are nine things you should know as you start your day…
# eurozone - Saturday 15 September, 2012
PICTURES: tens of thousands march against Spanish austerity
Organisers say 65,000 people participated in today’s rally.
# eurozone - Friday 14 September, 2012
EU leaders may discuss improved Irish bailout – but only after bank deal is finalised
Once discussions on the promissory note issue has been concluded, Ireland could get a more lenient deal – but it may be some time.
Quest for bank debt deal to continue at Cyprus ministers’ meeting
Michael Noonan will meet his counterparts from around Europe in Cyprus today, hoping to make progress on shedding Ireland’s bank debts.
# eurozone - Wednesday 12 September, 2012
EU must become ‘federation of nation states’, argues Barroso
The President of the European Commission has outlined his vision in his annual ‘State of the Union’ speech to MEPs.
# eurozone - Monday 10 September, 2012
The 5 at 5: Monday
5 minutes, 5 stories, 5 o’clock…
# eurozone - Saturday 8 September, 2012
Ireland will ‘probably fail’ to get bank debt deal by October – Bloomberg
The Department of Finance has said that the forthcoming meetings between European leaders are important to meet the end of October deadline the government has set but it isn’t looking good.
# eurozone - Friday 7 September, 2012
Michael Noonan set to meet with EU finance ministers
The Finance Minister is expected to discuss plans to ease austerity on bailout countries in meetings in Paris, Berlin and Rome next week.
# eurozone - Wednesday 5 September, 2012
Seventh IMF review releases nearly one billion euro to Ireland
The IMF’s seventh bailout review of Ireland is complete, and with it, the release of nearly €1 billion.
# eurozone - Tuesday 4 September, 2012
The 5 at 5: Tuesday
5 minutes, 5 stories, 5 o’clock…
Spanish unemployment rises again to creep towards 25 per cent
Spain’s unemployment rate is the highest in the industrialised world.
Poland and Bulgaria shelve plans to join Eurozone
The Eurozone debt crisis and the likelihood of a double-dip recession mean little appetite for joining the single currency.
# eurozone - Saturday 1 September, 2012
Sound familiar? Spain creates ‘bad bank’, limits bank execs pay to €500k
Some are even calling it ‘El Nama’…
# eurozone - Wednesday 29 August, 2012
ECB President says solution to crisis lies in balanced change
Mario Draghi said it should be agreed that it is not sustainable for countries to pursue national policies that can cause economic harm to others.
# eurozone - Monday 27 August, 2012
Italy’s electoral law increases market fears
The current system allows party leaders to pick and choose the list of candidates the electorate can vote for and guarantees a strong majority in parliament for the winning party.
Head of Bundesbank says ECB bond buying is “like a drug”
In the latest sign of a growing rift within the ECB, Jens Weidman criticised the ECB chief’s policies on buying member state bonds to drive down borrowing costs.
# eurozone - Saturday 25 August, 2012
France and Germany will wait for Troika report before decision on Greece
Greek prime minister Antonis Samaras wants an extension to Greece’s bailout but he’s going to have to wait for any decision.
# eurozone - Thursday 23 August, 2012
Taking advice from the Germans? Greece ready to sell off uninhabited islands
The Greek prime minister has told Le Monde that the beleaguered country is ready to sell some islands – something that two German MPs told them to do two years ago.
Merkel, Hollande meet to discuss Greek bailout
The German and French leaders will discuss the possibility of extending the time limit on the Greek bailout before meetings with Greece’s prime minister tomorrow and Saturday.
# eurozone - Wednesday 22 August, 2012
Bank of Ireland says it’s ‘concerned’ that SMEs believe banks are not lending
The bank is reacting to the findings of Central Bank research which shows that Ireland has one of the highest rejection rate for SME loans.
Exports down as port and shipping volumes fall
The Irish Maritime Development Office said it expects little improvement in manufacturing orders across Europe for the rest of the year.
Greek PM suggests further budget cuts ahead of German talks
However, Antonis Samaras has ruled out Greece getting more funding from creditors.
The 9 at 9: Wednesday
The nine stories you need to know this morning.
Major French bank predicts next moves for Europe
Ahead of crunch talks between major country leaders and 6 September ECB meeting, Société Générale economist has some predictions: including possibly unlimited ECB bond-buying.
# eurozone - Tuesday 21 August, 2012
Is the ECB about to uncork a game-changer?
A Euro-skeptic columnist at the Daily Telegraph insists that Der Spiegel is correct in saying the ECB wants to cap borrowing costs for Spain and Italy.
# eurozone - Monday 20 August, 2012
European leaders begin week of crucial meetings on Greece’s future
The week began today with a meeting of Greece and Germany’s foreign ministers, which ended with stern words from Germany.
Greek exit from eurozone would be ‘manageable’ says top ECB official
The comments from Joerg Asmussen come at the beginning of another crucial week for the single currency and troubled Greece.
# eurozone - Wednesday 15 August, 2012
Greece seeks austerity plan extension
The Greek Prime Minister will suggest spending cuts be spread over four years instead of two in his talks with German and French leaders next week.
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