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#Credit Crunch

# credit-crunch - Saturday 14 January, 2017

Ratings agency Moody's to pay €812 million fine in reparation for the mortgage crisis
# Footing The Bill
# Footing The Bill

Ratings agency Moody's to pay €812 million fine in reparation for the mortgage crisis

Jan 14th 2017, 7:31 AM 11,776 Views 23 Comments

The US Financial Crisis Inquiry Commission has said that the credit crash “could not have happened without the rating agencies”.

# credit-crunch - Wednesday 23 July, 2014

Berehaven Credit Union to be liquidated after 'poor governance and lending practices'
# Credit Crunch
# Credit Crunch

Berehaven Credit Union to be liquidated after 'poor governance and lending practices'

Jul 23rd 2014, 2:29 PM 9,258 Views 17 Comments

The Central Bank says problems at Berehaven resulted in “serious financial difficulties”.

# credit-crunch - Thursday 24 April, 2014

Too much debt and not enough houses: Ireland's creditless recovery is here to stay
# Credit Crunch
# Credit Crunch

Too much debt and not enough houses: Ireland's creditless recovery is here to stay

Apr 24th 2014, 11:50 AM 8,900 Views 19 Comments

We’re too focused on paying down our existing debt burden to consider new lending, says a new report.

# credit-crunch - Friday 28 June, 2013

Japanese minister: 'Our banks escaped crisis because we can't speak English'
# Get Lucky
# Get Lucky

Japanese minister: 'Our banks escaped crisis because we can't speak English'

Jun 28th 2013, 6:30 PM 7,766 Views 31 Comments

Taro Aso says banks didn’t buy complex financial instruments because they couldn’t understand the English descriptions.

# credit-crunch - Tuesday 13 November, 2012

What have the words GIF and omnishambles got in common?
# Wordplay
# Wordplay

What have the words GIF and omnishambles got in common?

Nov 13th 2012, 5:47 PM 6,991 Views 8 Comments

They’ve both been picked as words of the year by Oxford University Press, that’s what.

# credit-crunch - Monday 16 July, 2012

Even the amount of counterfeit euro notes is falling
# Credit Crunch
# Credit Crunch

Even the amount of counterfeit euro notes is falling

Jul 16th 2012, 5:14 PM 5,961 Views 15 Comments

When times are tough, even the people printing fake euros won’t keep up the liquidity supply.

# credit-crunch - Wednesday 15 February, 2012

Eurozone economy shrinks for first time since 2009
# Eurozone
# Eurozone

Eurozone economy shrinks for first time since 2009

Feb 15th 2012, 12:14 PM 1,030 Views 1 Comment

Data published by the EU’s statistics body shows that the European economy shrank by 0.3 per cent in Q4 of 2011.

# credit-crunch - Monday 16 January, 2012

Back with a bang: ECB bought €3.77 billion of bonds last week
# Bond Markets
# Bond Markets

Back with a bang: ECB bought €3.77 billion of bonds last week

Jan 16th 2012, 4:31 PM 2,300 Views 7 Comments

After slowly winding down its programme of hoovering up eurozone debt, the ECB was called back into action in a big way.

# credit-crunch - Wednesday 4 January, 2012

European banks borrow from ECB - and then lodge the cash with the ECB again
# Credit Crunch
# Credit Crunch

European banks borrow from ECB - and then lodge the cash with the ECB again

Jan 4th 2012, 9:18 PM 5,386 Views 25 Comments

Overnight deposits at the ECB jumped by €65bn on Monday – potentially undermining ECB efforts to get money moving again.

# credit-crunch - Thursday 1 December, 2011

Markets regain confidence after world banks' move
# Markets
# Markets

Markets regain confidence after world banks' move

Dec 1st 2011, 8:20 AM 1,391 Views 5 Comments

Asian stocks and shares rose overnight, in a sign that markets are welcoming yesterdays intervention by six central banks.

# credit-crunch - Saturday 10 September, 2011

Hard times: Sales in Dáil bars fell during 2009
# High Life
# High Life

Hard times: Sales in Dáil bars fell during 2009

Sep 10th 2011, 2:26 PM 1,218 Views 13 Comments

Just as the economy began to bite, sales in the Dáil bar fell by just under 10 per cent. Not much Bass sold either…

# credit-crunch - Monday 22 August, 2011

US Fed gave Irish banks €8bn in emergency loans
# Emergency Lending
# Emergency Lending

US Fed gave Irish banks €8bn in emergency loans

Aug 22nd 2011, 7:16 PM 393 Views 11 Comments

Data compiled by Bloomberg shows that Ireland’s banks got emergency loans from the US while being capitalised back home.

# credit-crunch - Sunday 21 August, 2011

Gender pay gap got wider during downturn - official report
# Gender Gap
# Gender Gap

Gender pay gap got wider during downturn - official report

Aug 21st 2011, 5:45 PM 417 Views 9 Comments

New data from the Central Statistics Office show that the gap between pay for men and women widened in 2009.

# credit-crunch - Monday 23 May, 2011

Loan approval rates nearly halved in three years - CSO
# Statistics
# Statistics

Loan approval rates nearly halved in three years - CSO

May 23rd 2011, 12:55 PM 275 Views 0 Comments

90 per cent of all business loan applications were approved in 2007, but only 50 per cent were given the thumbs-up by 2010.

# credit-crunch - Thursday 28 April, 2011

Jobs at the IFSC on the up after a three year slump
# Good News
# Good News

Jobs at the IFSC on the up after a three year slump

Apr 28th 2011, 4:51 PM 178 Views 0 Comments

Good news on the jobs front as the numbers employed in Dublin financial centre creep back towards a 2007 peak.

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