Italy’s finance minister Pier Padoan (left) chats with his French counterpart Michel Sapin prior to the EU euro group finance ministers meeting in Luxembourg on Monday. France and Italy, the euro zone’s second and third largest economies, are struggling to rein in dangerous deficit and debt levels.

As Michael Noonan unveiled the budget in Dublin on Tuesday, another, but not unconnected, debate was taking place in Luxembourg.With euro zone countri(...)

Euro-group president Jeroen Dijsselbloem (left) speaks to Finnish prime minister Jyrki Katainen, before the  euro-group finance ministers’ meeting at EU headquarters in Luxembourg yesterday. Photograph: EPA/Nicolas Bouvy

Incoming European Commission vice-president Jyrki Katainen insisted yesterday that all euro zone countries would be treated “fairly and equally” by(...)

German finance minister Wolfgang Schauble: dismissed suggestions Berlin had come under pressure to shift its economic course as “spin doctoring”.

German finance minister Wolfgang Schauble put on a brave face at the end of IMF meetings in Washington this weekend, dismissing suggestions Berlin ha(...)

Helmut Kohl and Angela Merkel in Bonn in 1992: “At state dinners she mooched around so much that, more than once, I had to tell her to pull herself together.” Photograph: Thomas Imo/Photothek via Getty Images

Former German chancellor Helmut Kohl has said Angela Merkel, his protégée turned rival, was so inexperienced when he plucked her from obscurity in 199(...)

Germany’s finance minister Wolfgang Schäuble has attacked as demagogical and populist the anti-euro Alternative für Deutschland party, comparing it to German neo-Nazis. Photograph: Hannibal Hanschke/Reuters

Germany’s finance minister, Wolfgang Schäuble, has called the anti-euro Alternative für Deutschland (AfD) party demagogical and populist, and compa(...)

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(...)

Angela Merkel: facing a bleak autumn thanks to Ukraine uncertainty and Russian sanctions

German television viewers were treated to an unlikely spectacle this week: a chancellor who lands in bed with a French president. TV movie the Stat(...)

Minister of State at the Department of Finance Simon Harris. Photograph: Dara MacDonaill

Ireland supports the EU review of all patent box regimes – under which certain member states offer tax breaks for intellectual property – and has d(...)

 The containership ‘Corte Real’ unloads and loads at the container port in Hamburg.

While the rest of Europe looked nervously at Germany’s second-quarter GDP drop yesterday, Germans were uncharacteristically cheery.Yes, the economy s(...)