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Thursday 30 March 2023 Dublin: 14°C

# Eurozone

All time
# 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.
# 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.
# Exports
Q. Where should Ireland look to trade?
A. We should look to Middle East and Latin America, according to new trade forecast.
# 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.
# 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.
# 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.
# Confidence
Eurozone economic confidence falls in October
Figures from the European Commission also show customers’ unemployment expectations worsened this month.
# 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.
# 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”.
# 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?
# 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.
# 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.
# Your Say
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?
# 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.
# 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.
# 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.
# need to know
The Evening Fix... now with added Shane Ross haircut
Here are the things we learned, loved and shared today.
# EU summit
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.
# 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.
# 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.
# 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.
# 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
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.
# Tobin Tax
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.
# Busted
Mario Draghi and his VP caught joking on mic
They won’t move the markets with their words, it seems.
# 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.
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”.
# 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.
# 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.
# 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.
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…
# Eurozone
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.
# income
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.
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.
# need to know
The Evening with added iSorry
Some of the things we learned, loved and shared today.
# tax the rich
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.
# Greece
Pics: Petrol bombs thrown at Greek police during anti-austerity protests
There were scenes of violence on the streets of Athens today.
# the markets
Shares fall amid protests against austerity in Athens and Madrid
Protests on the streets of Spain and Greece have spooked the markets.