The name given to the 16 EU countries who have adopted the Euro as their sole currency. The European Central Bank is responsible for the monetary policy of the Eurozone.
The European leaders met today to mark the seminal 1962 speech made by Charles de Gaulle famed for opening a new chapter in relations between France and Germany.
The Department of Finance has said that the forthcoming meetings between European leaders are important to meet the end of October deadline the government has set but it isn’t looking good.
The current system allows party leaders to pick and choose the list of candidates the electorate can vote for and guarantees a strong majority in parliament for the winning party.
In the latest sign of a growing rift within the ECB, Jens Weidman criticised the ECB chief’s policies on buying member state bonds to drive down borrowing costs.
The Greek prime minister has told Le Monde that the beleaguered country is ready to sell some islands – something that two German MPs told them to do two years ago.
The German and French leaders will discuss the possibility of extending the time limit on the Greek bailout before meetings with Greece’s prime minister tomorrow and Saturday.
Ahead of crunch talks between major country leaders and 6 September ECB meeting, Société Générale economist has some predictions: including possibly unlimited ECB bond-buying.
A Euro-skeptic columnist at the Daily Telegraph insists that Der Spiegel is correct in saying the ECB wants to cap borrowing costs for Spain and Italy.
INDEPENDENT TD MICK Wallace is to file a complaint about the Minister for Justice’s use of information on RTÉ’s Prime Time last week.
Alan Shatter said on live television that the Wexford deputy benefited from garda discretion when he was cautioned for using a mobile phone – but not given penalty points. Wallace insists he is not aware of such an incident.
Shatter has stood by his remarks and he has also been backed by the Taoiseach who said that “people can’t have it both ways”. “You cannot be saying no discretion and at the same time availing of discretion.”
Labour Deputy Kevin Humphreys told Newstalk Breakfast this morning that he thought making the remarks was “poor judgement” on the minister’s part. He called on Shatter to explain how he received the information. Others have claimed the information could have been made public in a different manner, and not on live television without giving Wallace prior warning.
In today’s poll, we ask: Should Alan Shatter have made his comments about Mick Wallace on Prime Time?
A blend of sun and clouds
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Clouds and sun with a passing shower
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