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Minister for Finance Michael Noonan will host a meeting of EU finance ministers in Dublin this weekend, at which it is expected a report by the European Central Bank, the European Commission, the International Monetary Fund and the European Financial Stability Facility will recommend extending the repayment period of Ireland and Portugal’s bailout loans. Photograph: Dara Mac Dónaill / The Irish Times

The Troika’s recommendation to give Ireland seven more years to repay its bailout loan has been welcomed by Government ministers. A leake(...)

Portugal’s woes
  • Europe
  • April 10, 2013, 06:07

The ruling of the Portuguese constitutional court on Friday will certainly have sent a shudder through Merrion Street. If, God forbid, their br(...)

A final decision on the adjustment of Ireland and Portugal’s bailout loans will not be reached until the May meeting of Europe(...)

Ireland is the second most likely country in the euro zone to fall victim to renewed financial turbulence, a leading German ec(...)

Slovenian prime minister Alenka Bratusek, her Croatian counterpart Zoran Milanovic, Slovenian foreign minister Karel Erjavec and Croatian foreign minister Vesna Pusic shake hands after the Slovenian parliament ratified Croatia's EU accession, in Ljubljana last week.  Photograph:  Srdjan Zivulovic/Reuters

Slovenia's creditworthiness is deteriorating at the fastest pace in the world after Cyprus as investors speculate a banking crisis will force i(...)

Portugese prime minister Pedro Passos Coelho said his government would have to introduce “important cuts” in expenditure on social security, health and education. Photograph: Reuters/José Manuel Ribeiro

Portugal’s prime minister has promised further cuts in government spending after the country’s constitutional court rejected austerity measures(...)

Portugal's Constitutional Court president Joaquim Sousa Ribeiro walks in front of members of the court as he arrives to address a news conference in Lisbon. Photograph: Hugo Correia/Reuters

Portugal's constitutional court has rejected four out of nine contested austerity measures in this year's budget in a ruling that deals a blow(...)

Three of Daryl Walshe’s children, Leo (10), Roslyn (8) and Karsten (4)

On Wednesday, Daryl Walshe had better news than 19 million other people around Europe. While official figures recorded the worst-ever jobless rate (...)

A man tries to look inside a branch of Laiki Bank in Nicosia a few hours before the reopening of the banks on the island last month. Photograph: Yorgos Karahalis/Reuters

Occasionally tuning in to the unfolding of the Cyprus fiasco on holiday over the past few weeks was a somewhat surreal experience. The conditio(...)

European Central Bank President Mario Draghi. Photograph: Lisi Niesner

A final decision on the adjustment of the maturities of Ireland and Portugal’s bailout loans may not be taken at next week’s meeting of euro zo(...)

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