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#Bailout

# bailout - Wednesday 23 October, 2013

When Michael met Mario: Noonan in Frankfurt for bailout exit talks with ECB chief

Michael Noonan meets Mario Draghi for discussions on how Ireland will exit its international bailout programme on 15 December.

# bailout - Tuesday 22 October, 2013

Howlin: 'I wish this government hadn't come in when our economy was broken'

Meanwhile, the Tánaiste has said that the Budget cuts announced last week stand.

# bailout - Tuesday 15 October, 2013

Levy on banks of €150 million a year until 2016

Domestic banks will pay the levy totaling €150 million a year for the next three years with each bank to pay based on interest on thier deposits.

German Finance Minister: 'Ireland did what Ireland had to do. And now everything is fine'

Wolfgang Schaeuble said that that retroactive use of the the ESM to recapitalise Irish banks was not probable.

# bailout - Monday 14 October, 2013

Eurozone finance ministers meet today as Ireland looks to December's bailout exit

With Ireland set to exit the Troika programme on 15 December, the question now is whether we’ll need a precautionary credit facility to ease it back into normal lending markets.

# bailout - Saturday 12 October, 2013

In full: Taoiseach Enda Kenny’s speech to the Fine Gael national conference

Read Kenny’s speech in full here.

Noonan on Budget 2014: ‘You’ll be astounded at all the good news I’ll be announcing’

The Finance Minister has told delegates at the Fine Gael national conference that the Budget on Tuesday is going to “reasonably tough”.

# bailout - Friday 11 October, 2013

Ireland might exit bailout 'without special arrangements' - Rehn

The EU Economic and Monetary Affairs Commissioner made the comments in an interview today.

# bailout - Tuesday 8 October, 2013

How much has Ireland paid Britain in interest on bailout loans?

Hint: Not enough to buy Gareth Bale.

# bailout - Wednesday 25 September, 2013

Ireland set to receive €770 million after passing eleventh IMF review

The IMF said that growth in the economy is encouraging, but unemployment and non-performing bank loans are worrying signs.

# bailout - Monday 16 September, 2013

They're back: Here are 8 questions we're asking ahead of the new Dáil term

The Seanad is also back but will it be abolished? We look at that and seven other questions ahead of the return of TDs and Senators this week.

# bailout - Friday 13 September, 2013

IMF want Ireland to 'continue track record' of budget cuts

The IMF’s Gerry Rice wants Ireland to keep pace with cuts but did not rule out a reduction to deal with the “drag on growth”.

# bailout - Thursday 12 September, 2013

OECD: Irish economy recovering but government must stick to targets

In a report today, the body said that out debt-to-GDP ratio is set to peak this year and decline thereafter.

# bailout - Friday 6 September, 2013

Poll: Should the government ease up on austerity in this budget? Your Say This post contains a poll

Poll: Should the government ease up on austerity in this budget?

The Labour Party wants to see just €2 billion in cuts in the next budget but economists have said we must stick to the plan. What do you think?

# bailout - Tuesday 3 September, 2013

AIB chief is 'not aware of' any internal investigations into former directors

The bank’s CEO David Duffy said that no investigations had happened during his tenure and that discussing past directors would be “therapeutic but unfair”.

# bailout - Saturday 24 August, 2013

Banks to take us seriously... er, no: The week's news skewed

Breaking via The Mire wire: Egypt despairs as Eamon Gilmore drafted in to heal divisions.

# bailout - Friday 9 August, 2013

Ireland In The Bailout Years: 2013*

*The events of 2013 in Ireland, according to resident satirist TheMire.net in this special extract from spoof news site chronicling the fall of the Celtic Tiger.

# bailout - Thursday 8 August, 2013

Ireland In The Bailout Years: 2012*

*The events of 2012 in Ireland, according to resident satirist TheMire.net in this special extract from spoof news site chronicling the fall of the Celtic Tiger.

# bailout - Wednesday 7 August, 2013

Ireland In The Bailout Years: 2011*

*The events of 2011 in Ireland, according to resident satirist TheMire.net in this special extract from spoof news site chronicling the fall of the Celtic Tiger.

# bailout - Tuesday 6 August, 2013

Ireland In The Bailout Years: 2010*

*The events of 2010 in Ireland, according to resident satirist TheMire.net in this special extract from spoof news site chronicling the fall of the Celtic Tiger.

# bailout - Thursday 25 July, 2013

Minister: No one wants to cut child benefit, but it can’t be ruled out Budget 2014 This post contains videos

Minister: No one wants to cut child benefit, but it can’t be ruled out

“Clearly no one wants to reduce child benefit, but there will be cuts and there will be adjustments,” Junior Finance Minister Brian Hayes has said of the social welfare budget this evening.

Department: Property tax will not be handed to the bondholders

A report today claimed that Minister Michael Noonan said the money will be used to reduce our deficit rather than to fund local services.

# bailout - Saturday 20 July, 2013

Crisis talks on Portugal bailout breakdown

The country’s three main parties failed to reach a deal to end the political crisis that threatens to derail the government’s bid to overhaul its finances.

# bailout - Friday 19 July, 2013

No more "difficult budgets" after this year – Taoiseach

That is as long as deficit targets are met and the economy does not deteriorate, but otherwise it “should be the last of the difficult budget”.

# bailout - Thursday 18 July, 2013

Here’s What Happened Today: Thursday

Everybody’s talking about exiting the bailout, the end of the Dáil term and Nelson Mandela’s birthday.

NTMA sells T-Bills as Troika completes penultimate review

The €500 million sale of three-month Treasury Bills achieved an interest rate of 0.2%, the same as last month.

# bailout - Tuesday 9 July, 2013

Troika in town for review... just one more to go

The trio of the IMF, ECB and the European Commission return as Ireland’s bond yields continue steady fall.

# bailout - Monday 8 July, 2013

Greece to receive €6.8 billion rescue fund

Out of the total, €5 billion will come from Europe and €1.8 billion will be put up by the IMF.

Eurozone ministers to decide if Greece should get bailout money

Minister Michael Noonan is in Brussels today for the talks.

# bailout - Saturday 6 July, 2013

One from the satire archive: The 85 Billion Euro Man

Still reeling from the Anglo Tapes? We recall a clairvoyant extract from satirical novel, The Eighty-Five Billion Dollar Man.

# bailout - Tuesday 2 July, 2013

Portugal's PM declares: 'I'm not resigning. I'm not abandoning the country'

Pedro Passos Coelho was responding to the resignation of his foreign minister tonight, a day after his finance minister quit.

# bailout - Monday 24 June, 2013

Debt deals mean we're borrowing €20bn less in next decade - Noonan

The finance minister gives his formal tip-of-the-hat to the news that the two European bailout funds are delaying repayments.

Eurozone bailout fund gives Ireland seven more years to repay loans

Good news for Michael Noonan this morning…

# bailout - Friday 21 June, 2013

The 5 at 5: Friday

5 stories, 5 minutes, 5 o’clock…

Ireland gets another seven years to repay its European bailout loans

EU finance ministers have officially signed off on a deal which means the average European loan will be repaid in 19.5 years.

Noonan: Taxpayers put lots of money into BOI and AIB, now we could get some back

Michael Noonan has explained the significance of last night’s agreement between eurozone finance ministers about the potential retrospective recapitalisation of Ireland’s banks.

Euro finance ministers agree direct help for banks

The 17 eurozone ministers are joined today by their 10 non-euro colleagues to discuss these issues in a Bank Recovery and Resolution Directive.

# bailout - Tuesday 18 June, 2013

Ireland gets another €1.6 billion in bailout loans from the EFSF

That’s on top of the IMF loans announced earlier today – and these ones will be on the books until 2042.

The 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.

# bailout - Monday 17 June, 2013

Video: What the Taoiseach told Obama and 'forgetting the yellow trousers' G8 This post contains videos

Video: What the Taoiseach told Obama and 'forgetting the yellow trousers'

Enda Kenny insisted that Ireland was making positive progress on its EU/IMF bailout amid reports of a scathing assessment from the European Commission on certain reforms.