Paolo Gentiloni

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European Central Bank president Christine Lagarde talks to Minister for Finance and Eurogroup president  Paschal Donohoe at the start of a meeting of finance ministers in Luxembourg on Monday. Photograph: Julien Warnand/EPA

The European Union is not currently planning to impose sanctions on Russian gas, EU commissioner for economy Paolo Gentiloni has said, amid warnings t(...)

The EU has announced fresh rounds of sanctions designed to punish the regime of Russian president Vladimir Putin. Photograph: iStock

The invasion of Ukraine may cause turbulence in food and agriculture as well as years of high inflation, and should force a reckoning with financial s(...)

‘What we are introducing is a ceiling, a limit, on the race to the bottom,’ said EU economy commissioner Paolo Gentiloni. Photograph: John Thys/AFP via Getty

The European Union began the process of making a minimum 15 per cent corporation tax legally binding across the bloc on Wednesday, with proposals to t(...)

 European commissioner for financial stability, financial services and the capital markets union Mairead McGuinness:  “What has been very difficult for us to understand at the European level is how a country like Great Britain would resile from an international agreement, and do it without any blushes.”  Photograph: Nick Bradshaw

It’s one year since Mairead McGuinness became the newest member of the European Commission, replacing her Fine Gael colleague Phil Hogan as Ireland’s (...)

Dublin, a base for global multinationals, but for how long? Photograph: iStock

Sniff the air around Ireland’s regime for attracting foreign investment and, for the first time in decades, you will pick up the distinct whiff of unc(...)

Minister for Finance Paschal Donohoe who is in Luxembourg for meetings with European finance ministers. Photograph Nick Bradshaw/The Irish Times

Momentum is growing in Government towards a decision to join the Organisation for Economic Co-operation and Development (OECD) agreement on a minimum (...)

Minister for Finance Paschal Donohoe who is in Luxembourg for meetings with European finance ministers. Photograph Nick Bradshaw/The Irish Times

Momentum is growing in Government towards a decision to join the OECD agreement on a minimum corporate tax rate of 15 per cent. It is understood that(...)

French Finance Minister Bruno Le Maire: ‘Ireland is in the process of evolving ...and a compromise can emerge around 15 per cent as the real effective rate.’ Photograph: Julien Warnand/EPA

The Irish Government has changed its position on the State’s flagship 12.5 per cent corporation tax rate ahead of a landmark OECD meeting, and a compr(...)

 In 2010, instead of resistance to the big mistake, the State, before taking flight from its own sovereignty, gripped its passport: 12.5 per cent.  Photograph: Getty Images

A shrieking fire alarm went off the other night in the apartment block where we’re staying. In the seconds between waking and running, we had to think(...)

Michael McGrath, Minister for Public Expenditure and Reform: ‘Ireland cannot commit to signing up because it is not entirely clear what exactly we’re being asked to sign up to.’  Photograph: Alan Betson

Ireland needs “absolute certainty” before signing up to an international deal on tax, Minister for Public Expenditure and Reform Michael McGrath has s(...)

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