A report to the Dublin meeting of European finance ministers (Ecofin) on Friday warns productivity in the EU has been falling since 2007, and r(...)

Minister for Finance Michael Noonan, pictured with EU economics commissioner Olli Rehn, is chairing the meeting of 27 EU finance ministers in Dublin Castle this weekend. Photograph: Alan Betson / The Irish Times

The European Union's economic growth strategy has been a failure so far and unless bold steps are taken the economy will continue to stagnate, (...)