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Euro

# euro - Tuesday 17 January, 2012

From Business ETC Inflation drops in December across eurozone and UK Inflation

Inflation drops in December across eurozone and UK

The fall in inflation has raised hopes that the European Central Bank may reduce interest rates.

# euro - Monday 16 January, 2012

From Business ETC Markets dip over eurozone worries after S&P downgrades Markets

Markets dip over eurozone worries after S&P downgrades

The ratings agency said it doesn’t believe European leaders are doing enough to tackle the ongoing crisis.

# euro - Sunday 15 January, 2012

From Business ETC Standard & Poor’s defends mass European downgrade Eurozone

Standard & Poor’s defends mass European downgrade

The US-based credit rating agency has defended its decision after a sharp European backlash yesterday against its move to downgrade nine EU countries.

# euro - Friday 13 January, 2012

From Business ETC Good news for the euro? Italian bond yields fall below 5 per cent Bondwatch

Good news for the euro? Italian bond yields fall below 5 per cent

The financially troubled country received a favourable response to its latest bond auction.

# euro - Thursday 12 January, 2012

Enda Kenny: Ireland faces huge challenges, but I’m an optimist

The Taoiseach said “slow, painstaking” action was needed to fix our problems – but again ruled out imposing losses on private bondholders.

Read: Full text of Enda Kenny’s speech on Ireland’s future

The EU, the bailout and the banks – here’s what the Taoiseach had to say…

# euro - Wednesday 11 January, 2012

From Business ETC Merkel issues stern warning for Greece Euro

Merkel issues stern warning for Greece

The German chancellor will meet with Italian leader Mario Monti today – after giving Greece an ultimatum.

# euro - Monday 9 January, 2012

From Business ETC ‘Merkozy’ to meet after French issue ultimatum on transaction tax Euro

‘Merkozy’ to meet after French issue ultimatum on transaction tax

Nicolas Sarkozy has warned that France will go it alone with the controversial ‘Tobin tax’ if agreement is not reached.

# euro - Sunday 8 January, 2012

From Business ETC France and Germany kick off fresh eurozone talks tomorrow Eurozone

France and Germany kick off fresh eurozone talks tomorrow

The leaders of France and Germany will meet tomorrow for preparatory discussions ahead of an EU summit on the bloc’s debt crisis scheduled for the end of this month.

# euro - Friday 6 January, 2012

From Business ETC Lagarde: The euro will survive 2012 Euro

Lagarde: The euro will survive 2012

The IMF chief says the debt crisis – which has dragged the euro to its lowest for over a year – will not kill the currency this year.

Italian leader Monti to meet Sarkozy amid bond fears

Monti is seeking to persuade EU leaders that Italy’s mountain of debt does not pose a threat to the eurozone.

# euro - Wednesday 4 January, 2012

From Business ETC Euro nears 12-month low after poor demand at German auction Bond Auctions

Euro nears 12-month low after poor demand at German auction

While the demand for the latest batch of 10-year bonds was higher than November, it was far below the usual standard.

# euro - Tuesday 3 January, 2012

From Business ETC Greece: If we can’t finalise second bailout, we’ll have to leave the euro Greece

Greece: If we can’t finalise second bailout, we’ll have to leave the euro

The Greek government warns that talks to finalise a default on some sovereign bonds have the euro’s future at stake.

From Business ETC New €2 coin commemorates 10 years of the euro Coining It

New €2 coin commemorates 10 years of the euro

Winning design comes from the Austrian Mint – Ireland will issue three million of the coins.

# euro - Monday 2 January, 2012

From Business ETC Merkel and Sarkozy to meet over debt crisis Euro

Merkel and Sarkozy to meet over debt crisis

The French and German will hold talks next week, as a major UK think-tank predicted a eurozone breakup in 2012.

From Business ETC Euro ‘could be world’s top currency in ten years’ Euro

Euro ‘could be world’s top currency in ten years’

Did you think it was on the verge of collapse? Well, this man is more optimistic…

# euro - Sunday 1 January, 2012

Imperfect 10: The euro was introduced a decade ago today Euro This post contains videos This post contains images

Imperfect 10: The euro was introduced a decade ago today

It came in with a bang – will it end with a whimper?

# euro - Saturday 31 December, 2011

In pictures: TheJournal.ie’s winners and losers of 2011 Review 2011 This post contains images

In pictures: TheJournal.ie’s winners and losers of 2011

Who came out on top, and who was bringing up the rear? Here are our picks for the winners and losers of the year.

Angela Merkel’s 2011: “Profound change, toughest currency test”

The German chancellor’s New Year’s televised address to her nation included a vow to save the euro.

# euro - Friday 30 December, 2011

From Business ETC Spain to announce austerity plans today Spain

Spain to announce austerity plans today

Spain’s new Conservative government will announce its first austerity measures today to try and reassure markets it has a grip on its public finances.

# euro - Monday 26 December, 2011

The 9 at 9: St Stephen’s Day 9 At 9 This post contains videos

The 9 at 9: St Stephen’s Day

Nine things to know this St Stephen’s Day morning…

From Business ETC Column: Nick Leeson’s 4 lessons learned from 2011 Opinion

Column: Nick Leeson’s 4 lessons learned from 2011

Ireland and a euro break-up, the truth about tribunals, white collar crime and the dangers of ‘pay day’ loans – former trader Nick Leeson rings the closing bell on 2011.

# euro - Monday 19 December, 2011

From Business ETC Euro members agree €150bn in new loans to IMF – but UK opts out Debt Crisis

Euro members agree €150bn in new loans to IMF – but UK opts out

George Osborne told EU finance ministers that Britain would only act as part of a G20 plan, and not within the EU.

From Business ETC The single image that explains what happens if we leave the euro Eurozone

The single image that explains what happens if we leave the euro

This image from Boston Consulting Group provides a handy guide to the practical impact of leaving the common currency.

From Business ETC It’s the eurozone: ECB official reveals reasons behind his unexpected resignation ECB

It’s the eurozone: ECB official reveals reasons behind his unexpected resignation

“I am not satisfied with the way this currency union has developed,” Jürgen Stark told a German magazine.

# euro - Sunday 18 December, 2011

Cheer up, Enda! EU leader sends Taoiseach ‘Book of Happiness’

European Council chairman Herman van Rompuy sent the self-help tome to Enda and other world leaders for Christmas.

# euro - Saturday 17 December, 2011

Merkel: Europe must stick to new financial rules

But the German chancellor said it “won’t always be easy” to keep to the agreement – which could commit Ireland to years of austerity Budgets.

# euro - Friday 16 December, 2011

From Business ETC Ratings agency may downgrade Ireland – and 5 other eurozone countries Eurocrisis

Ratings agency may downgrade Ireland – and 5 other eurozone countries

Fitch ratings agency has this evening said it is considering downgrading Ireland, Italy, Spain, Belgium, Slovenia and Cyprus by one or two notches.

UK to play observer role in fiscal union negotiations

The UK is to “engage constructively” with other European countries over plans to create a greater fiscal union within the EU – despite its decision not to take part in the agreement itself.

# euro - Wednesday 14 December, 2011

The 5 at 5: Wednesday

5 minutes, 5 stories, 5 o’clock…

Euro falls to 11-month low against dollar

Investor concerns about the stability of the eurozone have yet to be allayed by EU moves to strengthen the currency’s support system…

Noonan to meet Osborne amid concerns over Britain’s EU isolation

The fallout of Cameron’s decision to use a veto in EU negotiations on a new treaty continued last night as Clegg and the Lib Dems refused to back the PM in a Commons vote.

# euro - Tuesday 13 December, 2011

From Business ETC Column: Why David Cameron made the right decision… Opinion

Column: Why David Cameron made the right decision…

Those in the eurozone are facing a ‘lost decade’, writers former trader Nick Leeson – and who would want to hand over more policy-making power to the managers of that crisis?

Martin: EU deal leaves Ireland vulnerable on corporation tax

The Fianna Fáil leader told TheJournal.ie that Ireland will have less influence under the new agreement.

# euro - Monday 12 December, 2011

From Business ETC Second ratings agency set to downgrade EU member states Credit Ratings

Second ratings agency set to downgrade EU member states

Moody’s follows the lead of Standard & Poor’s, complaining about “the absence of measures to stabilise credit markets”.

# euro - Sunday 11 December, 2011

The Daily Fix: Sunday Daily Fix This post contains videos

The Daily Fix: Sunday

In tonight’s Fix: ‘No referendum’ on EU deal; why some people want Ireland to change time zone; and how not to flee from the police…

Government did not believe euro would collapse – Noonan

The finance minister said the euro was a “firm and solid currency”, even ahead of last week’s landmark EU agreement.

EU deal is unlikely to end the crisis in the eurozone – Varadkar

The Minister for Transport, Tourism and Sport said that “a lot of people have concerns” about Britain opting out of Friday’s landmark EU deal.

# euro - Saturday 10 December, 2011

The Daily Fix: Saturday Daily Fix This post contains videos

The Daily Fix: Saturday

In tonight’s Fix: The latest on the EU agreement, tributes paid to mother and daughter crash victims, and possibly the best Christmas light display ever…

Gallery: ‘Bye-Bye England’ – how the world’s press saw the EU deal EU This post contains images

Gallery: ‘Bye-Bye England’ – how the world’s press saw the EU deal

There were some, er, strong views on show in the British and German media…