Eurogroup
# eurogroup - Friday 12 April, 2013
Updated: EU finance ministers agree to delay repayment of Irish bailout loans
All 27 EU finance ministers have now given a green light to extending the maturity of Ireland’s bailout loans by seven years.
The 5 at 5: Friday
5 minutes, 5 stories, 5 o’clock…
EU and Eurozone finance ministers begin two-day summit in Dublin
Ministers will discuss extending the repayment dates of Ireland’s loans, and the aftermath of the Cyprus bailout catastrophe.
# eurogroup - Wednesday 10 April, 2013
Troika recommends ‘giving Ireland seven more years to repay loans’
Proposals seen by Reuters, to be put to ministers in Dublin this weekend, would see extra time given for Ireland and Portugal to repay.
# eurogroup - Monday 25 March, 2013
Update: Eurozone head insists Cyprus deal not template for future bailouts
Jeroen Dijsselbloem had earlier said the Cyprus template – where depositors and bondholders are hit before governments – is the new model for how troubled banks will be handled. He has since clarified the remarks.
# eurogroup - Sunday 24 March, 2013
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.
# eurogroup - Saturday 16 March, 2013
Eurozone ministers: We’ll change repayment date for Ireland’s bailout loans
The Department of Finance says the move will make it easier for Ireland to emerge from the bailout programme.
# eurogroup - Monday 4 March, 2013
Key meeting in Brussels to discuss whether AIB, BoI costs can be recouped
Eurozone finance ministers will today discuss the key question of whether the Euro’s bailout fund will chip in to Ireland’s costs.
# eurogroup - Monday 21 January, 2013
Noonan arrives in Brussels for key talks on aid for banks
Michael Noonan will chair tomorrow’s meeting of EU finance ministers; today’s Eurogroup meeting will elect a new head.
# eurogroup - Wednesday 12 December, 2012
Greek buy-back deal would wipe €20 billion off national debt
The deal will see some people get only a third of their money back – but others will get three times their investment.
# eurogroup - Tuesday 13 November, 2012
Video: Greece left waiting for aid as EU and IMF disagree
IMF chief Christine Lagarde visibly disagreed with Eurogroup chief Jean-Claude Juncker at a press confernece last night.
# eurogroup - Tuesday 23 October, 2012
Taoiseach coy on content of telephone chat with Angela Merkel
“Surely you don’t expect me to tell what questions I had for the Chancellor, or what questions the Chancellor had for me.”
# eurogroup - Monday 22 October, 2012
French president Hollande: Ireland’s bailout is ‘a special case’
Francois Hollande echoes Angela Merkel’s comments – saying Ireland differs from other countries because the bailout was forced on us.
# eurogroup - Sunday 21 October, 2012
‘Ireland is a special case’: Kenny and Merkel commit to improving bailout
Enda Kenny and Angela Merkel issue a joint statement describing Ireland as “a special case” financially.
# eurogroup - Friday 19 October, 2012
Here’s the exact transcript of Angela Merkel’s comments in Brussels
“It will not be a retroactive direct capitalisation. If recapitalisation is possible, it will come for the future.”
Merkel rules out backdated ESM help for bailing out Europe’s banks
The German chancellor tells a news conference there “will not be any retroactive direct recapitalisation”. That’s us told.
# eurogroup - Friday 14 September, 2012
EU leaders may discuss improved Irish bailout – but only after bank deal is finalised
Once discussions on the promissory note issue has been concluded, Ireland could get a more lenient deal – but it may be some time.
Quest for bank debt deal to continue at Cyprus ministers’ meeting
Michael Noonan will meet his counterparts from around Europe in Cyprus today, hoping to make progress on shedding Ireland’s bank debts.
# eurogroup - Monday 30 July, 2012
Whatever it takes: Stocks rise as leaders make eurozone pledge
There is speculation that the eurozone bailout fund and the ECB could buy-up Spanish bonds in a bid to alleviate fears about the single currency.
# eurogroup - Tuesday 10 July, 2012
Eurozone: Irish bank debt will be re-examined by autumn
European ministers have also rubber-stamped an initial €30billion bailout for Spain.
# eurogroup - Friday 29 June, 2012
We Know How You Feel Photo of the Day
This is Luxembourg’s Prime Minister Jean-Claude Juncker at summit of EU leaders in Brussels. Maybe he knows something we don’t…
# eurogroup - Thursday 21 June, 2012
Noonan to continue promissory note campaign at Eurozone ministers’ meeting
The minister for finance will meet his Eurozone counterparts this evening, and be joined by the non-euro ministers tomorrow.
# eurogroup - Tuesday 12 June, 2012
Report: EU preparing ‘worst case scenario’ measures if Greece quits euro
Reuters says officials have discussed limits on ATM withdrawals, border checks and capital controls if Greece goes.
# eurogroup - Saturday 9 June, 2012
Noonan welcomes Spanish request for banking bailout
But will Ireland have to contribute to the bailout?
Spain will make a formal request for bank bailout of up to €100 billion
Spain is braced to become the fourth eurozone country to ask for assistance – but its bailout will not come with a programme for austerity.
# eurogroup - Wednesday 23 May, 2012
Eurozone countries ‘warned to plan for Greek exit’ – report
A group of EU finance advisors agreed to issue the instruction on Monday, according to Reuters.
# eurogroup - Monday 21 May, 2012
Ireland, Portugal hit out at Greece for breaking promises
Both Michael Noonan and Vitor Gaspar were tough on their Greek counterpart last week over Athens’s failure to follow its bailout programme.
# eurogroup - Monday 14 May, 2012
Noonan urges Greek parties to form government and stay in the euro
Attending a summit in Brussels, Michael Noonan says it is “very important that the eurozone stays intact”.
# eurogroup - Tuesday 1 May, 2012
Eurogroup head not seeking new term ‘due to French and German influence’
Jean-Claude Juncker says he wasn’t impressed by France and Germany acting “as if they are the only members of the group”.
# eurogroup - Wednesday 14 March, 2012
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.
# eurogroup - Tuesday 13 March, 2012
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.
# eurogroup - Wednesday 22 February, 2012
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.
# eurogroup - Wednesday 15 February, 2012
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”.
# eurogroup - Thursday 9 February, 2012
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.
# eurogroup - Tuesday 24 January, 2012
Hungary could lose EU funding over failure to sort domestic budget
Although the Budget deficit for 2012 will be within EU limits of 3 per cent of GDP, it’s only because of one-off windfalls.
# eurogroup - Wednesday 30 November, 2011
The 9 at 9: Wednesday
Nine things to know by 9am: Public sector pensions hit (a bit) by new levy, mixed news on the money front, how Dublin is better than Paris, and how often do men really think about naughty things?
# eurogroup - Thursday 26 May, 2011
IMF ‘may delay Greek bailout loans’ over political opposition to cutbacks
The Greek opposition have refused to sanction new austerity moves – and now the IMF is threatening to hold up on payments.
# eurogroup - Tuesday 18 January, 2011
Eurozone ministers still deadlocked over bailout expansion
There’s no deal from Brussels over whether to add more money to the bailout pot, but support is growing.
# eurogroup - Monday 6 December, 2010
Finance ministers to discuss prospect of common Eurozone bonds
So-called ‘E-bonds’ would help to prompt renewed confidence in the currency and make it easier to borrow, claim ministers.


























































