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# efsf - Thursday 17 November, 2011

Taoiseach says ECB can provide 'ultimate firepower' to solve euro crisis

Enda Kenny met with German chancellor Angela Merkel in Berlin yesterday and there was plenty to discuss.

# efsf - Thursday 27 October, 2011

EU leaders strike 'comprehensive' debt deal after hours of talks

Greek debt will be written down by 50 per cent, with the EU bailout fund boosted to around €1trillion.

# efsf - Wednesday 26 October, 2011

EU leaders approve banking bailout plan, while Greek talks continue

Leaders agree to recapitalise weak banks by next summer, though it is reported that talks on Greek haircuts have hit a snag.

# efsf - Tuesday 25 October, 2011

Italian government - and Eurozone - on the brink over debt deal

Silvio Berlusconi’s coalition is divided on implementing reforms demanded by the EU, leading to the cancellation of some of tomorrow’s summits.

# efsf - Monday 24 October, 2011

Enda Kenny: New hope for deal to tackle EU crisis

The Taoiseach has said EU leaders were “focused on fundamentals” for the first time as they met in Brussels.

# efsf - Sunday 23 October, 2011

The 9 at 9: Sunday

Nine things you should know this morning…

# efsf - Friday 21 October, 2011

Second summit called as France, Germany continue to disagree over rescue plans

A resolution to the eurozone debt crisis still seems a way off as Angela Merkel and Nicolas Sarkozy fail to agree on a fix and call a second EU summit next week.

# efsf - Thursday 20 October, 2011

Fears for Eurozone debt deal as crisis talks stall

Nicolas Sarkozy left the birth of his child last night for talks with Angela Merkel – but they do not appear to have produced results.

# efsf - Saturday 15 October, 2011

G20 finance ministers open door for larger IMF role in fighting crisis

Ministers from the world’s 20 major economies invite the IMF to come up with a plan of action for fighting the debt crisis.

# efsf - Thursday 13 October, 2011

Slovakia approves expanded eurozone bailout fund

Slovakian lawmakers removed the last hurdle to the EFSF’s use as the continent’s main weapon against the debt crisis.

# efsf - Wednesday 12 October, 2011

Barroso's banking plan could mean more countries opting for bailout

Jose Manuel Barroso wants banks to increase capital – saying governments can foot the bill by borrowing from the EFSF.

Government falls as Slovakia rejects Eurozone bailout expansion plans

However the bill is now set to go to another parliamentary vote later this week where it will likely pass.

# efsf - Tuesday 11 October, 2011

Slovakia parliamentary vote crucial to Eurozone bailout fund

The hopes of expanding the Eurozone’s bailout mechanism lie in the hands of Slovakia’s parliamentarians who are expected to vote today.

# efsf - Saturday 8 October, 2011

Eurozone debt crisis: 9 key diary dates this month

Will this be the most important month for the 17 nations of the euro area?

# efsf - Friday 23 September, 2011

Ireland to draw down UK bilateral loan 'shortly' - Noonan

Ireland is to draw down the first €463 million of its loans from Britain in the coming weeks, finance minister Michael Noonan says.

# efsf - Wednesday 14 September, 2011

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.

# efsf - Saturday 3 September, 2011

Kind words from IMF as new bailout loans are approved

Ireland’s about to go €7.5bn further into the red – but the IMF insists that there’s cause for optimism as it approves new loans.

# efsf - Thursday 4 August, 2011

Barroso warns: the Eurozone debt crisis is spreading

The President of the European Commission tells us what we already know, as he calls for “full backing” for struggling countries.

# efsf - Monday 11 April, 2011

IMF cuts Ireland's growth rate forecast

In its World Economic Outlook report, the IMF also expects unemployment in Ireland to average 14.5 per cent for 2011.

# efsf - Tuesday 15 February, 2011

EU finance ministers agree to €500bn bailout fund

Major decision on the new European Stability Mechanism comes weeks ahead of schedule – but further details have yet to be ironed out.

# efsf - Saturday 5 February, 2011

Ireland's corporate tax rate comes under pressure at EU summit Eurozone This post contains videos

Ireland's corporate tax rate comes under pressure at EU summit

Germany and France present proposals for strengthening European economies at Eurozone summit, and put pressure on Ireland over harmonising corporate tax base.

# efsf - Tuesday 25 January, 2011

Europe auctions €5bn in Irish 'bailout bonds'

A second batch of European bonds is being auctioned off today, with an average interest rate half of what we’ll pay.

# efsf - 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.

# efsf - Monday 17 January, 2011

From Business ETC Eurozone ministers begin two-day bailout conference Bailout

Eurozone ministers begin two-day bailout conference

The seventeen finance ministers meet to discuss expanding the bailout fund – a move opposed by the German government.

# efsf - Wednesday 5 January, 2011

EU offloads €5bn in bonds to pay for Irish bailout

The European Financial Stability Mechanism is inundated with offers to buy bonds, at rates only a third of what Ireland will pay.

# efsf - Wednesday 15 December, 2010

Dáil votes on EU/IMF bailout

New legislation providing for a radical restructuring of the banking sector will also come before the Dáil today.

# efsf - Monday 29 November, 2010

Cowen insists €85bn bailout agreement is "best possible deal" Bailout

Cowen insists €85bn bailout agreement is "best possible deal"

€17.5bn of Ireland’s rescue will come from its own pensions reserve, while the remainder comes at a hefty 5.8% charge.

# efsf - Friday 26 November, 2010

Lisbon, Brussels, Berlin deny pressure for Portuguese bailout Portuguese Economy

Lisbon, Brussels, Berlin deny pressure for Portuguese bailout

All parties deny a Financial Times Deutschland claiming that Portugal is under pressure to take a bailout. Sound familiar?

# efsf - Thursday 18 November, 2010

Cameron refuses to rule out helping Irish bailout

Ireland “is one of our largest export markets”, says the UK prime minister – “We have got an interest.”

# efsf - Wednesday 17 November, 2010

The 9 at 9: Wednesday

Nine things you need to know by 9am: it’s a black day for the country after two young families are wiped out and we prepare to welcome a debt crisis team from the EU/IMF.

Debt crisis team on way to Dublin

Lenihan maintains Ireland had been “the point of attack” on the state of the euro in recent weeks – but commentators believe ECB, IMF and EC officials coming here to lay groundwork for bailout.

# efsf - Monday 15 November, 2010

The 9 at 9: Monday

Nine things you need to know by 9am: the bailout’s on (or maybe it’s not); Sarah Palin’s new reality show airs in the US – and do the unemployed really earn more than the average industrial wage?