# Debt Crisis

All time

# Live Register

Unemployment remains at 14.3 per cent, as 4,000 off the Live Register

The number of people on the Live Register fell by 4,000 last month, though unemployment remained at 14.3 per cent.

2.4k

May 2nd 2012, 11:04 AM

# Jobs crisis

Eurozone unemployment reaches highest level in currency's history

The seasonally adjusted unemployment rate in the eurozone was 10.9 per cent in March – up by 1pc in twelve months.

1.5k

May 2nd 2012, 10:51 AM

# Referendum

ICTU meets today to determine Fiscal Compact stance

Three major trade unions have called on its members to vote No in the referendum next month.

1.1k

Apr 25th 2012, 7:20 AM

# Debt Crisis

Ireland recorded a 13.1 per cent deficit last year

Without the whole banking debt, it could have been down to 9.4 per cent.

2.4k

Apr 23rd 2012, 11:24 AM

# ESM Treaty

Kenny wants ESM amended to allow direct loans to banks

The Taoiseach tells the German edition of the Financial Times: ‘There’s a widespread belief that the ESM should lend to banks.’

1.7k

Apr 23rd 2012, 10:59 AM

# Firefighting

Finance ministers agree to pump €325bn more into IMF

The world’s 20 largest economies will put $430bn more into the IMF in order to boost its lending capacity.

2.6k

Apr 20th 2012, 8:51 PM

# Bailout

Rabbitte: Ireland deserves ECB recognition for taking a hit on banks

The Communications Minister said that Labour’s poor showing the polls was to be expected given the economic situation and the historic problems for junior coalition partners.

3.2k

Apr 20th 2012, 10:59 AM

# Italian economy

Italian government puts back 'balanced budget' plan to 2015

Mario Monti’s government says the economy will shrink three times more than expected, and that they’ll need more time.

1.2k

Apr 18th 2012, 2:48 PM

# fiscal compact

Two down, 23 to go: Portugal second country to ratify Fiscal Compact

Portugal’s parliament ratifies the treaty with a huge majority, following Greece in signing up to the new treaty.

3.1k

Apr 13th 2012, 9:29 PM

# IMF

Lagarde cites Ireland as role model in back-to-work policies

The IMF managing director said other countries should follow Ireland’s example by targeting training and providing incentives.

6.9k

Apr 12th 2012, 8:43 PM

# Debt Crisis

Spain village votes on growing cannabis to pay off debt

The town of Rasquera, with a population of 960 people, will decide on whether to lease land to cannabis-growers in order to pay off debts.

6.4k

Apr 10th 2012, 7:37 PM

# Debt Crisis

Cowen compares banking crisis to 'multiple plane crashes occurring at once'

In a speech in Washington, the former taoiseach also attacks conventional political thinking in advance of the crisis.

4.4k

Mar 27th 2012, 6:45 AM

# Translated

Translated: The Fiscal Compact rewritten in layman's terms

We’ve translated the treaty, sentence by sentence, to try and make the document easier to read for the general public.

13.4k

Mar 19th 2012, 8:44 AM

# Debt Crisis

Juncker hails "unique opportunity" as Greece gets new bailout funds

Eurozone members have agreed to release the first €39.4 billion of funds under Greece’s second bailout programme.

843

Mar 14th 2012, 2:10 PM

# Eurozone

Spain wins budget concessions from Eurogroup - but more austerity will follow

A meeting of Eurozone finance ministers sees Spain encouraged to frontload budget cuts in order to achieve EU deficit targets.

1.5k

Mar 13th 2012, 8:37 AM

# Greece

Success for Greece as huge majority of investors agree to bond swap

The biggest sovereign bond swap in history will unltimately see 95.7 per cent of investors agree to write down their debts.

2.2k

Mar 9th 2012, 7:32 AM

# Referendum

Cabinet to discuss timing of 'one-off' fiscal compact referendum

The Cabinet will this morning discuss a draft timetable for putting the fiscal compact referendum to the public.

1.6k

Mar 6th 2012, 7:31 AM

# Greek Bailout

12 major investors agree to write off parts of Greek debt

An organisation representing the biggest holders of Greek debt say they have agreed to a deal that paves the way for Greece’s second EU-IMF bailout.

2.8k

Mar 5th 2012, 3:43 PM

# Recession

Enda Kenny hails Irish 'resilience' through crisis

The Taoiseach acknowledged many people are concerned for the future, but said Ireland has “great potential”.

3.4k

Mar 4th 2012, 11:09 AM

# ECB

Deja vu: ECB gives banks new money - and banks save it in the ECB

Overnight deposits in the ECB surged to their highest ever, just a day after it issued €529 billion to boost credit markets.

2.0k

Mar 2nd 2012, 12:42 PM

# ECB

ECB pumps €529bn of new cash into European banking system

The second round of unusually lengthy lending sees the ECB lend €529bn to banks, hoping the cash will be passed onward.

1.1k

Feb 29th 2012, 10:50 AM

# Downgrade

S&P downgrades Greece into 'selective default' territory

The ratings agency demonstrates it can read, by officially acknowledging that Greece’s bond-swap is a ‘selective default’.

1.6k

Feb 28th 2012, 7:48 AM

# Bailout

IMF signs off on latest €3.2 billion loan to Ireland

The IMF signs off on the fifth review of its bailout, and is releasing €3.2 billion to Ireland – bringing its total IMF debt to €16bn.

2.3k

Feb 28th 2012, 7:24 AM

# Debt Crisis

'An offer they can't refuse': German minister wants Greece to leave eurozone

The interior minister Hans-Peter Friedrich tells Der Spiegel that instead of forcing Greece out, it should get offers it “can’t refuse”.

3.6k

Feb 27th 2012, 9:20 AM

# Uh-Oh

Fitch: 'Highly likely' that Greece will default soon

The ratings agency has downgraded Greece just one day after EU leaders agreed on a €130 billion bailout deal for the country.

2.9k

Feb 22nd 2012, 12:35 PM

# Bond Auction

Borrowing costs for eurozone bailout fund fall after Greek deal

The EFSF issues a new round of 6-month bills – with interest rates significantly lower than at the same time last month.

1.6k

Feb 21st 2012, 11:36 AM

# Bond Markets

ECB steers clear of bond-buying for first time since August

Last week marked the first time in six months that the European Central Bank didn’t intervene in the sovereign bond markets.

1.2k

Feb 21st 2012, 9:03 AM

# Bailout

Bailout for Greece likely to be decided by Monday

Eurozone finance ministers held a 3 1/2 hour conference call last night to discuss Greece.

1.4k

Feb 16th 2012, 8:15 AM

# Greece

Doubts remain over approval of Greece's second bailout

A meeting of eurozone finance ministers due today has been put back until Monday, due to concerns over “political assurances”.

1.4k

Feb 15th 2012, 10:33 AM

# Hell-as

Greece’s budget deficit for 2012 is already €1bn bigger than expected

Greece expected its income for January to be 8.9 per cent higher than last year. It actually fell… by 7 per cent.

2.2k

Feb 14th 2012, 1:15 PM

# Credit Rating

Moody's downgrades six European countries - and warns of more to come

France and the UK were both warned that they could lose their coveted AAA credit rating.

2.4k

Feb 14th 2012, 7:39 AM

# Greece

Major riots in Athens as Greek parliament approves austerity deal

Fireballs light up the evening sky in the Greek capital as parliament approves new austerity measures to help secure a €130bn bailout.

7.2k

102

Feb 12th 2012, 10:53 PM

# Greece

Greek PM warns of ‘economic and social catastrophe’ if MPs vote No

Lucas Papademos goes on TV to warn that the cost of a Greek default is far greater than that of a second bailout.

2.5k

Feb 12th 2012, 12:09 PM

# Default

Greek government warns rebel MPs of "dangerous path" to default

MPs vote tomorrow on approving the government’s new austerity plans – but many have threatened to scupper it.

1.4k

Feb 11th 2012, 11:10 AM

# treaty

Gilmore confirms Irish push for ‘flexibility’ in fiscal compact deal

Eamon Gilmore says Ireland DID look for the new ‘debt brake’ to be ‘preferably’ constitutional, but so did other countries.

2.9k

111

Feb 11th 2012, 8:45 AM

# Greece

Greece leaders reach deal on more austerity and cuts

The Greek Prime Minister said that there was “broad agreement” on all points of the new programme -with one exception.

2.5k

Feb 9th 2012, 1:41 PM

# Eurozone

Second bailout talks resume today as Greece tries to avoid bankruptcy

The leaders of the three coalition parties meet with the PM to agree on austerity measures so a €130bn bailout can be secured – and a default avoided.

1.1k

Feb 6th 2012, 7:34 AM