Carsten Schneider: the SPD  finance spokesman said any move to recapitalise Irish banks would require all ESM member states to approve additional funding for the purpose. “That will never happen,” he said. Photograph:  Thomas Koehler/Getty Images

Senior German politicians dismiss hopes that bailout funds will recapitalise Irish banks

German chancellor Angela Merkel and finance minister Wolfgang Schaeuble have been speaking about claims of US spying on German interests after the arrest of a man on suspicion of working for a foreign intelligence agency. Mr Schaeuble said the story was so stupid that one can only cry at the foolishness of it. Photograph: Tobias Schwarz/Reuters.

Chancellor Angela Merkel says spying on allies is ‘a waste of energy’ given other issues

Independent MEP Luke Ming Flanagan urged incoming European Commission president Jean-Claude Juncker  to honour his commitment to  Ireland regarding bank debt. Photograph: Keith Heneghan

MEPs urge incoming European Commission president to honour commitment

Buildings damaged by a recent shelling are seen in the eastern Ukrainian village of Semenovka yesterday. Photograph: Reuters/Gleb Garanich

Poroshenko encouraged to seek ‘mutual ceasefire’ and a peace plan

German chancellor Angela Merkel at a news conference in Berlin yesterday. Photograph: Reuters/Thomas Peter

Analysis: leaders now have to convince Bundestag backbenchers to back package

German finance minister Wolfgang Schäuble insisted  legislating for direct ESM recapitalisations  would did not open the floodgates and allow problem banks empty the rescue fund. Photograph: Eric Luke

Draft Bill backing principle of ESM covering legacy debt goes to Bundestag for approval

German chancellor Angela Merkel faces two challenges: to demand political clarification and intelligence concessions from US president Barack Obama, and to control a domestic political chorus that has built to a shrill crescendo. Photograph: Feng Li/Getty Images

German chancellor faces challenge of demanding intelligence concessions from US

German fans at a public viewing  in Berlin. Photograph: EPA/Britta Pedersen

German fans run into the streets in their thousands to celebrate historic victory

Minister for Finance Michael Noonan speaks to journalists prior to a meeting of the Eurogroup  in Brussels yesterday. EPA/Julien Warnand

Minister for Finance rejects criticism of multinational deals as view of two MPs

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