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Dublin: 11 °C Sunday 19 May, 2013
Eurozone

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 26 November, 2012

From Business ETC Eurozone

Mathew Elderfield issues warning over EU banking union

The Deputy Governor of the Central Bank of Ireland also said the concerns of the UK and other countries outside the eurozone should be addressed.

From Business ETC France

Amazon announces investment in France, sees 2,500 jobs

The internet giant is planning to open a fourth despatch centre in the country – despite an ongoing tax dispute with the French government.

From TheJournal.ie Debt Mountain

Eurozone finance ministers meet (yet again) to try to fix Greece

This will be the third time in two weeks that finance ministers from across the EU will meet to deal with the the threat of bankruptcy for Greece.

From TheJournal.ie 9 At 9

The 9 at 9: Monday

The nine stories you need to know as you start your day.

# eurozone - Monday 19 November, 2012

From Business ETC Zut Alors!

Here’s why the French got upset about The Economist cover

It caught the attention of the investing class…

# eurozone - Friday 16 November, 2012

From Business ETC Zut Alors!
From TheJournal.ie Austerity Strikes

Video: Spanish police brutality at austerity strikes

Officers lashed out at male and female protesters as they demonstrated in cities around the country.

# eurozone - Thursday 15 November, 2012

From Business ETC Eurozone

Falling growth means Eurozone is back in recession

Hadn’t you noticed? Eurozone GDP fell by 0.1 per cent in the third quarter of 2012.

# eurozone - Monday 12 November, 2012

From TheJournal.ie Greece

Greece tops agenda for EU finance ministers in Brussels

The Greek parliament agreed a tough cost cutting budget yesterday amid noisy protests in the capital.

From Business ETC Exports

Q. Where should Ireland look to trade?

A. We should look to Middle East and Latin America, according to new trade forecast.

# eurozone - Wednesday 7 November, 2012

From Business ETC Manufacturing

Ireland the only eurozone country to see manufacturing increase in October

Of the 17 Eurozone members, only one country saw an increase in manufacturing output in October… and it was us.

# eurozone - Tuesday 6 November, 2012

From TheJournal.ie Bailout

Spanish PM plays down bailout prospect – for this year at least

Mariano Rajoy ruled out seeking a bailout in 2012 – but vowed to do it if faced with persistent, high borrowing costs.

# eurozone - Saturday 3 November, 2012

From TheJournal.ie Franco-irish

French minister with Irish links says Hollande supports bank debt deal

Hélène Conway-Mouret, who lived in Ireland for 30 years, says that the actions of French president Francois Hollande have helped softened Germany’s view on Ireland’s legacy bank debt.

# eurozone - Tuesday 30 October, 2012

From Business ETC Confidence

Eurozone economic confidence falls in October

Figures from the European Commission also show customers’ unemployment expectations worsened this month.

# eurozone - Monday 29 October, 2012

From TheJournal.ie Special Case

German finance minister ‘very impressed’ with ‘special case’ Ireland

Wolfgang Schauble said he was confident Ireland would not need a second bailout following a meeting with Ministers Michael Noonan and Brendan Howlin today.

# eurozone - Sunday 28 October, 2012

From Business ETC Cyprus

Cyprus close to deal on becoming fourth bailed-out Eurozone country

The finance minister of Cyprus says the last few difference on a Troika bailout are “bridgeable”.

# eurozone - Saturday 27 October, 2012

From TheJournal.ie Prime Numbers

Saorview, sales and Shakhtar Donetsk: The week in numbers

Plus – what’s the monetary value of virginity? And what was Ireland’s best-performing sales sector in September?

# eurozone - Tuesday 23 October, 2012

From TheJournal.ie Bank Debt

Junior Minister: Bank debt deal negotiations best done in private

Brian Hayes said that outlining Ireland’s negotiating position in public would not be “very clever from the country’s perspective.

# eurozone - Monday 22 October, 2012

From Business ETC Deficit Sinners

If the EU were one country, it would be breaking its own budget rules

New Eurostat figures show the EU as a whole ran a budget deficit of 4.7pc of its GDP – €180 billion above its limit.

From TheJournal.ie Your Say This post contains a poll

Poll: Do you believe Ireland will get a deal to reduce the cost of its bank debt?

The government’s campaign for a reduction in the cost of bailing out the banks has been given new hope after a joint statement from Enda Kenny and Angela Merkel, but what do you think?

# eurozone - Sunday 21 October, 2012

From TheJournal.ie Bank Debt

Rabbitte slams ‘orgy of negativity’ over bank debt deal

Pat Rabbitte siad that he would have preferred if Angela Merkel had not made the remarks she made but insisted that an agreement to deal with Ireland’s bank debt still stands.

From TheJournal.ie Spain

Spain goes to polls in two crucial local elections

Elections are taking place in the Basque Country – the first since ETA renounced violence – and Mariano Rajoy’s home area of Galicia.

# eurozone - Saturday 20 October, 2012

From TheJournal.ie Bank Debt

Govt insists agreement to address bank debt stands, FF says it’s in denial

The government has continued to insist a deal on Ireland’s debt still stands despite comments from the German chancellor yesterday.

# eurozone - Friday 19 October, 2012

From TheJournal.ie Need To Know

The Evening Fix… now with added Shane Ross haircut

Here are the things we learned, loved and shared today.

From TheJournal.ie Take 5

The 5 at 5: Friday

5 stories, 5 minutes, 5 o’clock.

# eurozone - Thursday 18 October, 2012

From TheJournal.ie EU Summit This post contains images

Slideshow: The EU summit in Brussels

Greater European Union control of national budgets, oh and what the heads of state will be dining on tonight.

From TheJournal.ie EU Summit

EU summit: Merkel backs EU budget control

While not originally on the agenda, there is speculation Spain may ask for a limited bailout in Brussels.

From Business ETC Construction

Production in construction up by 0.7 per cent in eurozone – Eurostat

New figures from the European Union’s statistical office show that production rose by 0.7 per cent in the euro area in August.

# eurozone - Tuesday 16 October, 2012

From Business ETC Leaders' Questions

Kenny did not call leaders following bank debt deal statement

The Taoiseach conceded that he did not contact the leaders of Finland, the Netherlands and Germany after their finance ministers issued a statement on the bank debt deal.

# eurozone - Monday 15 October, 2012

From TheJournal.ie 9 At 9

The 9 at 9: Monday

Nine things you need to know this morning.

# eurozone - Friday 12 October, 2012

From Business ETC Bank Deal

Van Rompuy: Ireland could get deal on bank debts before new watchdog

The President of the European Council says the European banking supervisor doesn’t need to be finalised for the ESM to invest in banks.

# eurozone - Thursday 11 October, 2012

From Business ETC Eurozone

S&P downgrades Spain two notches

Spain’s sovereign debt rating has been cut to just one level above “junk” grade debt – which could see Madrid’s borrowing costs skyrocketing to untenable levels.

# eurozone - Wednesday 10 October, 2012

From Business ETC Tobin Tax This post contains videos

Noonan rejects Tobin tax over fear of jobs losses

The Finance Minister said Ireland would not adopt the tax unless Britain also did – over fears Irish jobs could be lost to London.

# eurozone - Tuesday 9 October, 2012

From Business ETC Busted

Mario Draghi and his VP caught joking on mic

They won’t move the markets with their words, it seems.

From Business ETC Currency

Scary Graph of the Day: euro vs dollar

Warring Greek creditors and higher Spanish yields might both play a part in this large drop.

From Business ETC IMF

IMF: Irish economy to grow but unemployment will remain high in 2013

The International Monetary Fund has warned of a global economic slowdown in its latest World Economic Outlook which notes our own “bumpy recovery”.

# eurozone - Monday 8 October, 2012

From TheJournal.ie Already?

Moody’s give new ESM an AAA rating – but outlook is negative

Moody’s said that a ‘weakening in the political commitment’ among eurozone states towards the ESM would have negative implications.

From Business ETC Eurozone

Portugal criticises tardy European Central Bank

The ECB “arrived late” to attend to the debt crisis in the eurozone, accuses Portuguese president Anibal Cavaco Silva.

# eurozone - Thursday 4 October, 2012

From Business ETC Interest Rates

ECB leaves main interest rate unchanged at 0.75 per cent

The benchmark interest rate has been left untouched by the European Central Bank.

# eurozone - Tuesday 2 October, 2012

From TheJournal.ie Opinion

Column: Hey Government, that’s not negotiating… THIS is negotiating

The Government’s method of pressuring EU leaders isn’t working, writes Fergus O’Connell. So here’s a suggestion…