Incoming European Commission president Jean-Claude Juncker: sounding out EU leaders on tapping the ESM bailout fund to finance a €300 billion stimulus programme for struggling EU economies. Photograph: Jock Fistick/Bloomberg

France is becoming embroiled in an increasingly fractious battle with Brussels over its failure to meet deficit targets set by the European Commiss(...)

European Central Bank president Mario Draghi (left) and Finnish outgoing prime minister Jyrki Katainen at  a press conference at the euro-group finance ministers’ meeting in Milan yesterday.  Photograph: EPA/Matteo Bazzi

Irish taxpayers are likely to benefit in next month’s budget from predicted savings under the deal to repay International Monetary Fund (IMF) borrowi(...)

 Minister for Finance Michael Noonan (right) arrives at Centro Congressi MIco in Milan. Photograph: .Matteo Bazzi/EPA

Ireland has won the backing of the euro group of euro zone finance ministers for its bid to repay the IMF portion of its bailout loans early. At a mee(...)

Mr Kenny said that if the EU and ECB approve and authorise Ireland’s request to rearrange IMF loans, the State could save €1.5 billion over the next five years

Taoiseach Enda Kenny has said an application for recapitalisation for retroactive direct bank recapitalisation from the ESM fund is “still on the tabl(...)

Minister for Finance Michael Noonan with EU economic and monetary affairs  commissioner Jyrki Katainen in the EU Commission’s headquarters in Brussels yesterday.

Minister for Finance Michael Noonan began his week-long European odyssey to seek support for Ireland’s plan to refinance its International Monetary(...)

Minister for Finance Michael Noonan is embarking on a diplomatic drive this week to persuade his European counterparts to allow Ireland repay the IMF before European bailout loans are paid off. Photograph: Alan Betson / THE IRISH TIMES

There are “no objections or legal concerns” to Ireland’s request to repay some of its IMF debt ahead of schedule, an EU official told reporters in Bru(...)

Government figures see EU approval for the early repayment of IMF loans as the best opportunity for a long-awaited “debt deal” from European leaders. Photograph: Dara Mac Dónaill / The Irish Times

Minister for Finance Michael Noonan is to embark on a diplomatic drive this week to persuade his European counterparts to allow Ireland repay the IMF (...)

Minister for Finance Michael Noonan: scheduled to meet the European Union’s interim economics commissioner Jyrki Katainen in Brussels on Monday before travelling to Luxembourg to meet ESM chief Klaus Regling, followed by meetings with euro group chairman Jeroen Dijsselbloem in The Hague and ECB head Mario Draghi in Frankfurt. Photograph: Reuters/Cathal McNaughton

travels to various European capitals next week for two days of meetings with senior euro zone figures.The surprise visit, announced earlier this week(...)

Euro group president and Dutch finance minister Jeroen Dijsselbloem talks to the media before the euro zone finance ministers meeting in Brussels. Photograph: Julien Warnand/EPA

Portuguese bond yields fell sharply as markets digested Portugal’s decision to make a “clean exit” from the bailout, and euro zone finance ministers (...)

ECB president Mario Draghi and Klaus Regling, ESM fund chief, who said earlier this year that there is no political consensus within the euro group to grant retroactive direct recapitalisation to Ireland

Taoiseach Enda Kenny welcomed the agreement on the Single Resolution Mechanism which was reached in the early hours of Thursday morning in Bru(...)