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A reform of the EU fiscal rules is necessary because a surge in public debt after the Covid-19 pandemic made the existing framework unrealistic

EU ministers narrow gaps on fiscal rules

France, Germany and the EU executive expressed hope today that EU governments would reach an agreement on the bloc's fiscal rules by the end of the year, with Spain floating the idea of convening an extraordinary meeting to achieve that goal.

Business • 08 Dec 23

Paschal Donohoe has praised the OECD corporation tax deal as a balanced compromise

Donohoe says OECD tax deal a 'balanced compromise'

Minister for Finance Paschal Donohoe has said that Ireland will play an active role in ensuring that the new global corporate tax deal reached last year can be speedily enshrined into EU law.

Business • 18 Jan 22

Finance Minister Paschal Donohoe is also the President of the Eurogroup

Eurogroup to focus on plans for sustainable recovery

Finance Minister and President of the Eurogroup Paschal Donohoe will chair the Eurogroup meeting in Brussels today, with the performance of the euro area economy the main focus of the meeting.

Business • 17 Jan 22

Finance Minister Paschal Donohoe is also President of the Eurogroup

Donohoe in Brussels to discuss draft budget plans

Minister for Finance and President of the Eurogroup Paschal Donohoe is in Brussels today and tomorrow for Eurogroup and ECOFIN meetings.

Business • 06 Dec 21

Philip Lane addressed a gathering at the Hong Kong stock exchange today

Lane gets approval from ECOFIN for new ECB job

The Economic and Financial Affairs Council (ECOFIN) has formally adopted the recommendation to appoint Central Bank Governor Philip Lane for a position on the executive board of the European Central Bank.

Business • 12 Feb 19

French propose 'equalisation tax' for internet firms

French Finance minister Bruno Le Maire will present proposals to tax large internet based companies on their turnover - not their profits - to EU finance ministers at an informal Ecofin meeting in Estonia tomorrow.

Business • 18 Sep 17

Ministers will attempt to devise the fiscal effort needed to kick start growth in key European economies

Sean Whelan: Taxing times for finance ministers

The Eurogroup and Ecofin meetings of finance ministers taking place on Monday and Tuesday between EU finance ministers have very full - and potentially explosive - agendas that deal with some of the biggest economic and political issues out there.

Business • 03 Dec 16

An tAire Airgeadais Michael Noonan sásta lena mhargadh le Ecofin

Ecofin sásta cead a thabhairt d'Éirinn - Noonan

Deir an tAire Airgeadais Michael Noonan go bhfuil Airí Airgeadais an AE sásta ligean d'Éirinn €18bn a aisíoc go luath leis an gCiste Airgeadais Idirnaisiúnta (IMF)

Nuacht • 15 Sep 14

European Central Bank President Mario Draghi and European Commission Vice-President Olli Rehn are attending the meeting

Eurozone ministers discuss plan for failing banks

The 18 finance ministers of the eurozone, including Minister for Finance Michael Noonan, are meeting in Brussels to try to agree on how failing banks should be wound-up.

News • 14 Nov 13

Finance Minister Michael Noonan says Newbridge Credit Union move was the final option available

No decision yet on seeking credit line - Noonan

Finance Minister Michael Noonan has said that he has not yet decided whether to seek a post bailout precautionary credit line.

Business • 13 Nov 13

Irish loans set to be extended by seven years, pending approval by EcoFin ministers

EcoFin ministers approve Irish loan extensions

Ecofin ministers have joined their Eurogroup colleagues in agreeing to lengthen the maturities of loans to Ireland and Portugal by seven years.

Business • 12 Apr 13

The EU leaders are discussing closer fiscal ties for the currency union

EU leaders meet to discuss closer fiscal ties

European Union leaders have gathered in Brussels for their final summit of the year, which is focused on a massive restructuring of the eurozone's banking sector.

News • 13 Dec 12

Deal on Anglo note ''likely'' before end of March

Finance Minister Michael Noonan has said a deal on the Anglo promissory notes was "likely" before the end of March.

Business • 12 Dec 12

Ireland praised on progress in EU-IMF programme

The head of the eurogroup of finance ministers has congratulated the Government for the progress it has made in implementing the EU-IMF programme and re-entering the bond markets.

Business • 14 Sep 12

Ecofin