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Thursday 28 September 2023 Dublin: 15°C

# Olli Rehn

All time
Olli Rehn: 'Bondholders partly to blame for Irish crisis... but your banks were reckless'
The former EU Economics Commissioner also said he would consider attending the Banking Inquiry.
The blanket guarantee for banks was a mistake, says Olli Rehn
The European Commission vice-president spoke last night about his initial shock at the scale of Ireland’s bank debt.
Ireland's economy forecast to grow 1.7 per cent in 2014
Olli Rehn says the European economy has reach a “turning point”, but it is too early to declare victory.
Eurozone finance ministers meet today as Ireland looks to December's bailout exit
With Ireland set to exit the Troika programme on 15 December, the question now is whether we’ll need a precautionary credit facility to ease it back into normal lending markets.
Ireland might exit bailout 'without special arrangements' - Rehn
The EU Economic and Monetary Affairs Commissioner made the comments in an interview today.
Explainer: Your 25-point crash course on what’s happening in Cyprus
Bailouts! Deposit levies! Leaving the euro? It’s all been happening in the last ten days.
Rehn: Budget 2014 should not be eased after promissory note savings
The European Commissioner says the €1 billion savings should be used to eliminate Ireland’s deficit as soon as possible.
Ireland could be given extra time to meet deficit deadline
Olli Rehn has written to EU ministers indicating an openness to delaying austerity measures on a case-by-case basis.
EU approves six-month extension of Ireland's bank guarantee
The approval is seen as routine and may be the last extension, with the possibility of a withdrawal early next year.
Lenihan letters: What’s been released, and what hasn’t
The release of further documents this week help to shed further light on Ireland’s bailout. But what don’t we know?
Eurozone: Irish bank debt will be re-examined by autumn
European ministers have also rubber-stamped an initial €30billion bailout for Spain.
The Daily Fix: Monday
All the day’s main news, plus a few bits and pieces you may have missed along the way…
Rehn 'still hopes for Irish debt deal' - while Spain's bailout comes without budget rules
The commissioner says he still wants to assist Ireland – and confirms Spain’s banking bailout won’t bring new fiscal conditions.
Portugal 'on track' with bailout programme, says IMF
After latest review, IMF says Portugal is making progress on reforms but needs to take urgent action to tackle unemployment.
Euro falls amid concerns over Spanish debt and falling economic sentiment
Euro trading lower against US dollar.
Eurozone growth revised downwards to 1.4% in 2011
Eurozone GDP contracted by 0.3 per cent in the final quarter of 2011 – in comparison to a 0.7 per cent rise during the same period last year.
'Memorandum macht frei': how one Greek paper views the second bailout
The Greek daily Dimokratia isn’t best pleased with the EU-enforced austerity. Check out yesterday’s front page…
EU withholds Greek bailout until new conditions are met
EU finance ministers are refusing to release the aid package despite a deal reached by Greece’s leaders yesterday.
Noonan to hold talks with ECB chief Mario Draghi
The Finance Minister will try to get a better deal on Ireland’s bailout as he holds talks with the European Central Bank president today.
Europe gives green light to extending Ireland's bank guarantee
The European Commission has approved the extension of the government bank’s guarantee – for six months longer than needed.
Euro bond plan includes giving EU 'extensive intrusive power'
A Commission green paper on the possible introduction of eurozone Stability Bonds suggests giving the EU power to put troubled member states into ‘administration’.
The bailout in quotes: from denial to deal
A year after the government announced it was negotiating a bailout deal, takes a look back over the comments and quotes of the bailout.
Greece's €8bn lifeline put on hold - but ministers still rule out default
Eurozone finance ministers have decided to delay a decision on Greece’s next €8bn loan package until later in the month.
Ministers scramble to Luxembourg as Greece admits it will miss bailout targets
The shrinking Greek economy means the austerity drive will not be enough to ensure that the government deficit is within targets.
Greece stays in the Eurozone, insist Merkel and Sarkozy
The French and German leaders moved to quash fears Greece could be forced out of the single currency over its debt crisis.
European Commission reduces margin on Irish bailout to zero
The EC says it’s lowering the interest on its part of Ireland’s bailout loans in line with that of the Eurozone’s portion.
Europe hails Ireland's "important progress" in financial recovery
The European Commission says Ireland’s economy will grow this year, albeit gradually, with the bank bailout cheaper than expected.
Rehn puts Eurobond proposal back on the table
Despite opposition from Germany, France and Herman van Rompuy, Olli Rehn is considering laws to allow a common Eurozone bond.
Olli Rehn: There is no Plan B to avoid Greek default
EU Commissioner says Greece has to pass its austerity package because the future of Greece “and financial stability in Europe are at stake”.
Greece set for new bailout loans in return for 'severe conditions' - report
Greece will be subject to unprecedented international intervention in its domestic affairs in return for new bailout loans according to a report in today’s Financial Times.
Greek opposition party rejects new austerity plan
Despite the European Union’s insistence for cross-party support, Greece’s main opposition party has flatly refused to back new austerity measures aimed at tackling the country’s debt.
European Commission pares back forecasts for Irish economic growth
Olli Rehn tells a briefing that Ireland’s economy will grow by 0.6 per cent – further bolstering the case for a bailout rate cut.
Don't expect a cut to the bailout rate next week, Creighton says
French sources tell RTÉ that Ireland isn’t offering enough leeway on raising the famed corporation tax rate.
Olli Rehn says Ireland should get cut in bailout rate
The EU’s Economic and Monetary Affairs Commissioner tells Strasbourg press conference that Ireland should get a cut in its bailout interest rate.
The BBC bailout documentary: some choice quotes
Dan O’Brien’s half-hour programme on Ireland’s economic downfall gets its first airing. Here are some select excerpts.
Portugal's bailout request likely to dominate meeting of EU finance ministers
Finance minister Michael Noonan had hoped Ireland’s financial situation would top the agenda as he looks to lower the country’s interest rate.
Poll: Should we cave in on corporation tax to secure a better bailout deal?
Michael Noonan’s in Europe today, trying to persuade EU leaders to see things our way. What do you think he should do?