Daily News Digest -- June 26, 2012

Daily News Digest -- June 26, 2012: Key Irish and international business news at a glance; European proposals to reshape the crisis-struck euro area ran into immediate criticism from Germany for putting too much emphasis on debt sharing and too little on controlling national budgets...After the German Bundestag gave the green light for the European fiscal compact the Länder have now followed suit - after extracting a promise of billions of euros in exchange from the Federal Government. When it comes to the budgetary discipline German Chancellor Angela Merkel is advocating across Europe, Germany itself is not up to scratch, the conservative daily Die Welt laments.

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