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Wednesday 1 February 2023 Dublin: 7°C

# Bailout

Last year
2022
# Ryanair
Ryanair loses EU court challenge against Germany's €320m bailout of Thomas Cook-owned airline
Ryanair claimed that the Commission carried out an incomplete and insufficient examination of conditions for rescue aid.
All time
# Recession
FactCheck: Was Micheál Martin right to say that the banks were not bailed out in 2008?
The Taoiseach has suggested that the bank guarantee was an investment.
# Financial Aid
Premier League agrees €277m rescue package to help Football League clubs in danger of going bust
The news follows months of negotiations between the two governing bodies.
# Bailout
Premier League's insufficient rescue package rejected by EFL clubs
‘The conditional offer of £50million falls some way short,’ said a statement issued by the EFL.
# Bailout
FAI confirm they are seeking more financial support from government
Move comes five months after FAI received a €19.2m package.
# 19 million euro
'It should not be seen as the government having sold out': Ross's message to officials before FAI bailout
There was a lot of back and forth before the government agreed to bail out the FAI in late January.
# coronabonds
North-south split opens up as EU finance ministers fail to agree coranvirus bailout plan
Italy and Spain are insisting on a solidarity fund but this is being resisted by Germany.
# Your Say
Poll: Should the government bail out the FAI?
Taoiseach Leo Varadkar said that the government will not be bailing out the football organisation.
# factcheck
FactCheck: Did the German parliament approve the Irish budget in 2011?
Irexit Party leader and European election candidate Hermann Kelly claimed that the German Bundestag approved the Irish Budget in 2011 before the Dáil.
Voices
'That’s insane… did they guarantee everything?': Reliving the night of the bank bailout
Economist Victor Duggan was Labour TD Joan Burton’s economic advisor on the night of the bank guarantee. He recounts that fateful night here.
# Wage cap
Donohoe says bankers' pay cap of €500k is 'worth reviewing' as State-owned banks can't keep staff
The finance minister said State-owned banks are finding it difficult to retain staff due to wage competition.
# join the club
Eight years and €289 billion later, Greece exits its final bailout today
The country is not out the woods though and its people are still feeling austerity.
# aib 2.0
Nearly a decade after its bailout, AIB wants to turn its customers into 'fans'
But one of the bank’s retail execs says people may need to pay extra for face-to-face services.
# the italian sob
Italian government bails out two banks to the tune of €17 billion
The two banks’ toxic assets will be moved to a “bad bank” – similar to NAMA here.
# Bailout
Four bankers and Barclays charged over emergency $3 billion Qatar deal
The charges include one for conspiracy to commit fraud against the bank’s former chief executive, John Varley.
# return on investment
Government urged to use €3.8 billion from AIB sale to 'build homes, hospitals and schools'
Labour leader Brendan Howlin said that the Irish people “sacrificed so much to protect our banking system”.
# Financial Crisis
Iceland's jailed bankers say they were scapegoats for the financial crisis
They’re taking their cases to the European Court of Human Rights.
# ghost of bailouts past
Greek Finance Minister takes sly dig at creditors by sending Scrooge-themed Christmas cards
Euclid Tsakalotos said “our wishes go beyond all the Ebenezers of this world.”
# BMPS
Italy is preparing to bail out the world's oldest bank - and bondholders will be burnt
The world’s oldest bank and Italy’s third-biggest, BMPS is racing against the clock to raise €5 billion or face a government bailout.
# Edinburgh
Scotland is planning a £100 million stimulus to offset Brexit
NIcola Sturgeon said the move would “boost confidence”.
# Make Money Money
'Good for Ireland': Germany's top court rules that the ECB can 'print money'
The challenge to the bond-buying plan could have ended the single currency.
# Parliamentary Drachma
Greece passes spending cuts and tax hikes in order to unlock billions in bailout funds
EU Economic Affairs Commissioner Pierre Moscovici hailed the deal.
# Ballyhea Still Says No
This town will say "No" for the 250th week running today
“It’s not a milestone we ever wanted to mark, I assure you.”
# bailout buddies
Portugal's anti-austerity alliance is about to form a government
Communists, Greens and the Left Bloc have banded together to take power the majority.
# cold comfort
Why a two-year rent freeze could do a lot more harm than good
The government’s rent-control measures were announced last week.
# Fianna Fáil
Noel Dempsey: 'Everyday I regret the horrendous decisions we made in government'
The former Fianna Fáil minister gave a wide-ranging interview to RTÉ Radio 1 today.
# warning
Was Enda really warned that the army might need to guard ATMs?
One person says they’re “puzzled” the Taoiseach made the claim.
# Irish Nationwide
Bankers whose building society got a €5.4 billion bailout claim an investigation is "unconstitutional"
Irish Nationwide was folded into IBRC after its bailout.
# dread letter days
'Ultimatums are not the way to do business': Key IMF figure criticises Trichet letters
Ajai Chopra claimed the ECB “went beyond its mandate” in letters sent by Jean-Claude Trichet to Brian Lenihan.
# What Next?
Greek rebels form new party ahead of snap election
It’s called Popular Unity.
# vote passed
Tsipras 'doesn't regret' leading Greece into third multi-billion euro bailout
The country’s parliament has approved the deal after all-night talks.
# Bailout
Greece has reached a deal with its lenders. Here's what it means
After night long talks with bailout negotiators at a central Athens hotel, the new multibillion-euro bailout deal has been closed.
# Open for Business
Greek banks reopen as citizens face massive price hikes
Greeks will be able to withdraw up to €420 at once per week.
# crisis
Homeless in Athens: 'Greece never dies. But the Greeks will die.'
“No home, no bathroom, no life.”
# bad choices
'Giving another bailout to Greece is like giving money to a drug addict'
“Maybe [Tsipras] didn’t really have a plan.”
# three weeks later
Greece latest: Banks to reopen on Monday, but with a €60 withdrawal limit
The EU has expressed its satisfaction with Greece as its parliament passes a sweeping austerity bill in advance of the country’s third bailout.
# Quiet word
'Alexis, let me give you a piece of advice... ': Enda reveals what he told the Greek prime minister
The Taoiseach has been defending the government’s stance on Greece.
# Bailout
Limerick chairman hoping Greek financial crisis can help save his club from relegation
A cunning plan or desperate measures?
# Banking Inquiry
Seán FitzPatrick WON'T have to answer questions about his time at Anglo
Bad news for the committee.
# Bailout
Greek PM says he signed a deal he doesn't believe in ... but will implement
He added that he plans to carry out his responsibilities in office for the next four years.