Consumer spending power to stabilise this year, improve in 2014
Working households with mortgages will see the greatest growth in spending power while unemployed households will fare worst.
View ArticleUnion meeting with IBRC liquidator over future of 800 jobs
The contracts of some 800 workers in Ireland were essentially terminated when the government decided to liquidate the bank last week.
View ArticleS&P improves outlook for Irish credit rating after prom note deal
Exchanging promissory notes for long-term bonds “should reduce the government’s debt-servicing costs and lower refinancing risk.”
View ArticleOireachtas agenda: Promissory notes, eco-cars and horse meat
Simon Coveney will take ministerial questions in the Dáil today as the horse meat controversy rages on.
View ArticleGovernment yet to decide how €1bn prom note windfall will be spent
Enda Kenny says it’s only six weeks into the year – and too early to predict the promissory note impact on Budget 2014.
View ArticleOireachtas agenda: WW2 pardon, promissory notes and obesity
The Operation Transformation team meet the Health committee this morning to discuss Ireland’s obesity problem.
View ArticleThe 9 at 9: Sunday
Good morning. Here are nine things to know before you start your day.
View ArticleGerman central bank says promissory note deal is ‘problematic’
In its monthly report the Bundesbank says the deal illustrates problematic overlaps between fiscal and monetary policy.
View ArticleDraghi: ECB hasn’t yet considered whether Irish deal is legal
Mario Draghi tells MEPs that the European Central Bank only checks ‘monetary financing’ operations once a year
View ArticleVaradkar: Promissory note saving ‘is not €1bn more we have to spend’
The Transport Minister says that talk that the government has €1 billion more to play with in the next Budget “gave me bad memories of Charlie McCreevy”.
View ArticleSupreme Court rejects TDs application to join promissory note challenge
Five Deputies applied to join businessman David Hall’s challenge to the payment of promissory notes, saying it was in the public interest for the case to go ahead.
View ArticleNoonan hints €1bn IBRC savings will go to repay debts
Michael Noonan thinks it would make more sense not to use the promissory note proceeds to ease the next Budget.
View ArticleRehn: Budget 2014 should not be eased after promissory note savings
The European Commissioner says the €1 billion savings should be used to eliminate Ireland’s deficit as soon as possible.
View ArticlePoll: Do you feel more positive about Ireland’s economic situation?
With the Bank Guarantee set to end next month, is Ireland’s economy finally stabilising?
View Article‘All we’re looking for is a fair deal’ – An IBRC worker on the impact of...
Since the bank formerly known as Anglo Irish Bank was liquidated last month ordinary workers have been left in the dark as to their fate and that of redundancy packages they’d agreed prior to...
View ArticleThe IMF wants Budget 2014 to ignore the promissory note deal
The Washington-based fund says we’ve completed our tenth quarterly review under the bailout, with a mixed outlook.
View ArticleColumn: Our crisis was caused by too little democracy – not by too much
One TD has launched constitutional challenge seeking to reassert the right to vote on state spending – here’s why, Vincent P Martin writes.
View Article‘I didn’t sleep very well last night’ – State to pay 75% of costs in prom...
The High Court ruled it was an exception al case which merited a departure from the normal rules on legal costs.
View ArticleHonohan told to ‘stand up to the ECB’ as Frankfurt puts the pressure on last...
In it’s annual report published yesterday, the ECB says that, “liquidation of the IBRC raises serious monetary financing concerns”.
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