EU economics and monetary affairs commissioner Olli Rehn: praised  “strength and stamina” of the Irish people but said challenges remained for the Irish economy.  Photograph: EPA/Stephanie Lecocq

The fight against aggressive tax planning by multinationals will be one of the “key issues” for the European Parliament over the next five years, E(...)

A portrait of Ukrainian opposition leader Yulia Tymoshenko is seen during a rally on Independence Square in downtown of Kiev. Photograph: Maxim Shipenkov/EPA

Ukrainian opposition leader Yulia Tymoshenko, freed from prison guard yesterday after her arch-rival president Viktor Yanukovich fled Kiev, sai(...)

Minister for Finance Michael Noonan will meet with ECB chief Mario Draghi in Frankfurt later today. Photograph: Eric Luke/Irish Times

Minister for Finance Michael Noonan is to meet European Central Bank president Mario Draghi today to discuss Ireland’s imminent exit of the EU-IMF bai(...)

Olli Rehn, economic and monetary affairs commissioner for the European Union, has  acknowledged “the significant progress that Ireland has made over the course of the adjustment programme and that Ireland is now in a strong position to exit the programme this year”.  Photograph: Andrew Harrer/Bloomberg

The decision about the amount of help Ireland will need from the EU and its partner lenders to Ireland is “ultimately” one for Ireland itself, EU Comm(...)

European Central Bank president Mario Draghi: “Structural reforms have been undertaken and financial stability risks have consistently, continuously and significantly been reduced in Ireland.” Photograph: Andrew Harrer/Bloomberg

European Central Bank president Mario Draghi praised Ireland’s efforts to repair its public finances and banking sector saying that the country has im(...)

Economic and Monetary Affairs Commissioner Olli Rehn said it was still premature to see if there is a need for any precautionary arrangement. Photographer: Andrew Harrer/Bloomberg

Ireland may not need precautionary credit to exit its bailout programme, according to EU Economic and Monetary Affairs Commissioner Olli Rehn. Mr Rehn(...)

French finance minister Pierre Moscovici adjusts his glasses during a news conference on the 2014 budget at the Economy ministry in Paris. Photograph: Charles Platiau/Reuters.

French finance minister Pierre Moscovici has said the pace of economic reform can not be accelerated, as he fended off criticism the country was relyi(...)

European economic and monetary affairs commissioner Olli Rehn listens to Italy’s economy minister Fabrizio Saccomanni (R) during a euro zone finance ministers meeting in Brussels. Photograph: Francois Lenoir/Reuters.

Greece has secured a lifeline from its lenders but was told it must keep its promises on cutting public sector jobs and selling state assets to get a(...)

Greece’s Foreign Minister Dimitris Avramopoulos arrives at the Prime Minister’s office for a snap cabinet meeting in Athens  last night. Photograph: REUTERS/John Kolesidis

EU Commissioner Olli Rehn has called on Greek leaders to show “political responsibility” following the news that Greece’s Democratic Left party is to (...)

Taoiseach Enda Kenny with Finnish prime minister Jyrki Katainen at the latter’s official residence in Helsinki yesterday. Photograph: Reuters/Trond Trosdahl/Lehtikuva

Taoiseach Enda Kenny has sidestepped the simmering row between the International Monetary Fund (IMF) and the European Commission over rescue measures (...)