Menu
15/12/2011
EU Agreement To Be Signed By March
The agreement by most EU governments struck last weekend despite the UK's veto will be signed in March, according to the President of the European Commission.
Speaking to the European Parliament about decisions made on 8-9 December by EU leaders, Commission President Jose Manuel Barroso said the decision by 26 out of 27 governments on a new intergovernmental treaty setting tighter budget rules showed their readiness to move ahead with further European integration.
Mr Barroso said further economic integration should be complemented by moves to restore growth and create jobs.
The treaty will require governments to keep their general budgets balanced or in surplus. Those who exceed a deficit cap of 0.5% of GDP would have to bring their budgets back into balance under the oversight of the Commission and other EU countries.
Meanwhile, EU leaders will decide soon on whether to provide the IMF with up to €200bn more to help debt-stricken eurozone countries.
In March 2012 they will discuss ways to further budget coordination and examine a proposal to allow the eurozone to collectively issue bonds.
(DW)
Speaking to the European Parliament about decisions made on 8-9 December by EU leaders, Commission President Jose Manuel Barroso said the decision by 26 out of 27 governments on a new intergovernmental treaty setting tighter budget rules showed their readiness to move ahead with further European integration.
Mr Barroso said further economic integration should be complemented by moves to restore growth and create jobs.
The treaty will require governments to keep their general budgets balanced or in surplus. Those who exceed a deficit cap of 0.5% of GDP would have to bring their budgets back into balance under the oversight of the Commission and other EU countries.
Meanwhile, EU leaders will decide soon on whether to provide the IMF with up to €200bn more to help debt-stricken eurozone countries.
In March 2012 they will discuss ways to further budget coordination and examine a proposal to allow the eurozone to collectively issue bonds.
(DW)
Related Irish News Stories
Click here for the latest headlines.
04 February 2013
Taoiseach Attends Meeting In Brussels
The Taoiseach, Mr Enda Kenny TD, will represent the Presidency of the Council of the European Union at a meeting in Brussels of Europe's "Four Presidents" today, Monday 4 February, 2013 to discuss the EU's multiannual budget. Negotiations on the budget will resume at the European Council later this week.
Taoiseach Attends Meeting In Brussels
The Taoiseach, Mr Enda Kenny TD, will represent the Presidency of the Council of the European Union at a meeting in Brussels of Europe's "Four Presidents" today, Monday 4 February, 2013 to discuss the EU's multiannual budget. Negotiations on the budget will resume at the European Council later this week.
31 January 2012
Adams Calls For Euro Referendum
The Sinn Fein President has said that Irish citizens must have their say on the recent EU treaty. On Monday, European leaders agreed on a rescue fund for the eurozone with 25 out of 27 EU states backing the German led agreement for stricter budget discipline.
Adams Calls For Euro Referendum
The Sinn Fein President has said that Irish citizens must have their say on the recent EU treaty. On Monday, European leaders agreed on a rescue fund for the eurozone with 25 out of 27 EU states backing the German led agreement for stricter budget discipline.
27 February 2013
EU Block Ryanair In Third Attempt To Buy Aer Lingus
Ryanair’s third attempt to buy Aer Lingues has again been blocked by European Union antitrust regulators. Following the Eu executive vetoing the airlines first attempt in 2009, the regulator have again said the bid could hurt competition and lead to higher prices for passengers.
EU Block Ryanair In Third Attempt To Buy Aer Lingus
Ryanair’s third attempt to buy Aer Lingues has again been blocked by European Union antitrust regulators. Following the Eu executive vetoing the airlines first attempt in 2009, the regulator have again said the bid could hurt competition and lead to higher prices for passengers.
14 October 2008
Ryanair Calls on EU to Reduce Regulatory Burden
Budget airline, Ryanair, has called on the European Commission to reduce the regulatory burden and associated costs on airlines. Airline Chief Executive Officer Michael O'Leary has also called on the European Commission to reconsider its prohibition of Ryanair's offer for Aer Lingus with consolidation taking place among other airlines.
Ryanair Calls on EU to Reduce Regulatory Burden
Budget airline, Ryanair, has called on the European Commission to reduce the regulatory burden and associated costs on airlines. Airline Chief Executive Officer Michael O'Leary has also called on the European Commission to reconsider its prohibition of Ryanair's offer for Aer Lingus with consolidation taking place among other airlines.
20 March 2015
EU Court Rules Ireland Breaching EU Working Time Directive
The European Court of Justice has ruled that Ireland is in breach of EU law for not including the training time of junior doctors as part of EU Working Time (EUWT).
EU Court Rules Ireland Breaching EU Working Time Directive
The European Court of Justice has ruled that Ireland is in breach of EU law for not including the training time of junior doctors as part of EU Working Time (EUWT).
-
Ireland WeatherToday:Rain across all parts in the morning, heavy at times. Becoming brighter from the west in the afternoon with blustery showers. Very windy with southerly gales, severe near the east coast, but easing a little in the afternoon. Maximum temperature 12 °C.Tonight:A mixture of clear spells and blustery showers, some heavy in the west. A mild and breezy night with fresh southwesterly winds. Minimum temperature 5 °C.
