# eurozone - Today’s News
After you read this article, of course.
# eurozone - Friday 29 March, 2013
Nicos Anastasiades has also thanked the Cypriot public for their “maturity and collectedness” as the banks reopened.
# eurozone - Thursday 28 March, 2013
The restrictions on withdrawals, cashing of cheques and taking money abroad will be lifted within a month, the country’s foreign minister said today.
Armed security guards have been posted, but there was no sign of customers queuing early for access to their cash.
# eurozone - Monday 25 March, 2013
Earlier it had been reported that all banks, aside from the country’s two biggest financial institutions, would reopen tomorrow.
A failure to reach a deal could have seen the country exit the Euro.
# eurozone - Sunday 24 March, 2013
Bailouts! Deposit levies! Leaving the euro? It’s all been happening in the last ten days.
Speaking in Brussels ahead of crunch talks on a proposed bailout for Cyprus, Finance Minister Noonan said he expected to reach a deal but that it will be a long night.
Ministers will hold a last-ditch meeting to decide whether Cyprus will get a bailout – or be forced to leave the euro.
# eurozone - Saturday 23 March, 2013
Elmar Brok, the chair of the European Parliament’s Foreign Affairs Committee, has admitted he can foresee a situation where Cyprus could exit the single currency and said that authorities underestimated the current situation there.
The Troika are in Cyprus for intensive talks, while Nicos Anastasiades could yet lead a delegation to Brussels this afternoon.
# eurozone - Thursday 21 March, 2013
The group reaffirmed the importance of fully guaranteeing deposits below €100,000 in the EU.
The country’s president said a decision must be made today. Meanwhile, the Finance Minister remains in Russia for negotiations.
# eurozone - Wednesday 20 March, 2013
Earlier today the European Commission said it is up to the Cypriot government now to present an alternative scenario for the bailout.
The European Commission says there’s nothing else it can do if the Cypriot parliament won’t approve the bailout it offered.
The interior minister says the Troika has rejected alternative options put forward by Cyprus for securing its €10 billion loan.
While President Nicos Anastasiades meets party leaders at home, the finance minister heads to Moscow with cap in hand.
# eurozone - Tuesday 19 March, 2013
Thirty six voted against it, while there were 19 abstentions.
Accounts with balances under €20,000 will be exempted from a controversial levy if it is approved by MPs today.
Kenny said that the Irish people had accepted the “huge sacrifices we’ve asked of them”.
# eurozone - Monday 18 March, 2013
The president is trying to get parliamentarians to back the bailout deal that slaps a hugely unpopular levy on bank savings.
# eurozone - Saturday 16 March, 2013
Deposits in Cypriot banks will be hit with a one-off levy of 6.75 per cent with those with over €100,000 in banks hit with a 9.9 per cent levy under the €10 billion bailout proposal.
# eurozone - Friday 15 March, 2013
The meeting of finance ministers will follow day two of a summit by EU leaders which will focus on the Syrian crisis.
# eurozone - Wednesday 6 March, 2013
Figures from Eurostat confirm initial estimates in February that the eurozone economy shrank by 0.6 per cent in Q4 of 2012 with the EU shrinking by 0.5 per cent.
# eurozone - Friday 1 March, 2013
Meanwhile, eurozone unemployment hit a record 11.9 per cent in January with just under 19 million now out of work in the 17-member bloc.
# eurozone - Tuesday 19 February, 2013
The government has finally sold off the life and pensions arm of Irish Life and Permanent which was split from Permanent TSB after it required a €4 billion bailout in 2011.
# eurozone - Thursday 14 February, 2013
Uh-oh. A dramatic drop in the Eurozone economy spells bad news for hopes of a further boom in Irish exports.
# eurozone - Sunday 10 February, 2013
Italy’s outgoing Prime Minister has expressed fears over Silvio Berlusconi’s potential negative effect on the euro, should his party win this month’s election.
# eurozone - Monday 4 February, 2013
The Tánaiste said that the future of the Irish government is a matter for the Irish government and the Irish people.
He is joining the other three Presidents of the EU – Herman Van Rompuy, José Manuel Barroso and Martin Schulz.
# eurozone - Monday 28 January, 2013
Most of those attending the World Economic Forum in Davos last week reckoned the four-year crisis is over, but what do you think?
# eurozone - Thursday 24 January, 2013
Levels of trust in media of 45 per cent and NGOs of 63 per cent both rose by 10 percentage points in 2012.
An extra 187,300 people have joined Spain’s jobless queue – bringing the total to 5.97 million people.
# eurozone - Wednesday 23 January, 2013
Concerns about jobs at the IFSC are among the reasons that Ireland has not signed up to implementing a levy on financial transactions despite Greece, Portugal, Italy, Spain, Germany and France all doing so.
Today British Prime Minister David Cameron said there would be a referendum on EU membership in the UK in 2017. Do you think we should have one too?
# eurozone - Tuesday 22 January, 2013
The British Prime Minister hopes to negotiate fundamental changes in his country’s membership of the European Union, but this would have profound consequences for this island, writes James Kilcourse.
The deal has been hailed by finance minister Michael Noonan as having the potential to save Ireland billions of euro.
# eurozone - Monday 21 January, 2013
Michael Noonan will chair tomorrow’s meeting of EU finance ministers; today’s Eurogroup meeting will elect a new head.
# eurozone - Sunday 20 January, 2013
Austria looks set to remain one of the few European countries with compulsory military service as voters go to the polls in a referendum being held today.
# eurozone - Tuesday 15 January, 2013
Ireland has been declared a ‘special case’ by Angela Merkel – and these figures show exactly why, writes Michael Taft.
# eurozone - Tuesday 8 January, 2013
The unemployment rate in the EU remains at 10.7 per cent but, at 11.8 per cent, it is much higher across just the euro area.