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#EFSF

# efsf - Tuesday 19 November, 2013

Guess who's getting closer to the end of their bailout too?
# Exits
# Exits

Guess who's getting closer to the end of their bailout too?

Nov 19th 2013, 1:05 PM 13,768 Views 44 Comments

Portugal received its penultimate tranche in rescue loans today.

# efsf - Monday 24 June, 2013

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

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

Jun 24th 2013, 8:32 PM 4,553 Views 32 Comments

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
# Bailout Loans
# Bailout Loans

Eurozone bailout fund gives Ireland seven more years to repay loans

Jun 24th 2013, 10:47 AM 4,908 Views 40 Comments

Good news for Michael Noonan this morning…

# efsf - Friday 21 June, 2013

Ireland gets another seven years to repay its European bailout loans
# Bailout Loans
# Bailout Loans

Ireland gets another seven years to repay its European bailout loans

Jun 21st 2013, 2:09 PM 7,992 Views 89 Comments

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

# efsf - Tuesday 18 June, 2013

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

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

Jun 18th 2013, 3:37 PM 7,225 Views 78 Comments

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

# efsf - Saturday 23 March, 2013

IMF approves latest round of bailout loans for Ireland
# Bailout
# Bailout

IMF approves latest round of bailout loans for Ireland

Mar 23rd 2013, 11:10 AM 7,282 Views 58 Comments

The approval of nearly €1 billion in new lending means the IMF has handed over about 89 per cent of the total loan.

# efsf - Saturday 16 March, 2013

Eurozone ministers: We'll change repayment date for Ireland's bailout loans
# Good News
# Good News

Eurozone ministers: We'll change repayment date for Ireland's bailout loans

Mar 16th 2013, 10:24 AM 5,931 Views 78 Comments

The Department of Finance says the move will make it easier for Ireland to emerge from the bailout programme.

# efsf - Tuesday 5 March, 2013

EU finance ministers confirm deal to delay Ireland's bailout repayments
# Bailout
# Bailout

EU finance ministers confirm deal to delay Ireland's bailout repayments

Mar 5th 2013, 12:15 PM 7,046 Views 99 Comments

Ministers have asked the Troika to come up with a proposal on the best options for extending the maturities of Irish loans.

Deal could delay repayment of Ireland's EU bailout loans
# Bailout
# Bailout

Deal could delay repayment of Ireland's EU bailout loans

Mar 5th 2013, 8:05 AM 4,188 Views 40 Comments

The detail of extended loan repayments on the EU portion of Ireland’s bailout is still to be worked out but could save the State significant amounts of money in the coming years.

# efsf - Saturday 28 July, 2012

Germany rejects notion that Europe's bailout fund could buy Spanish debt
# Eurozone
# Eurozone

Germany rejects notion that Europe's bailout fund could buy Spanish debt

Jul 28th 2012, 4:09 PM 3,326 Views 10 Comments

Despite promises, no green light has been given to any specific action.

# efsf - Thursday 26 July, 2012

Column: Ireland has no option but to play hardball. So why aren’t we?
# Opinion
# Opinion

Column: Ireland has no option but to play hardball. So why aren’t we?

Jul 26th 2012, 7:00 AM 62 Views 42 Comments

Economic commentator Anthony Phillips paid a visit to the Department of Finance. This is what happened…

# efsf - Friday 22 June, 2012

Brussels made 17 errors translating the ESM Treaty into Irish
# Botúin
# Botúin

Brussels made 17 errors translating the ESM Treaty into Irish

Jun 22nd 2012, 1:23 PM 5,097 Views 70 Comments

Dáil approval was needed this week to correct 17 grammatical mistakes, and typos, in the Irish version of the Treaty.

# efsf - Wednesday 20 June, 2012

Dáil approves Ireland's ratification of new Eurozone bailout fund
# ESM Treaty
# ESM Treaty

Dáil approves Ireland's ratification of new Eurozone bailout fund

Jun 20th 2012, 12:05 PM 2,640 Views 30 Comments

TDs vote by 114 to 22 to have Ireland participate, a move which will require €1.27bn in cash payments before 2014.

Explainer: Have Spain and Italy been 'bailed out'?
# Eurozone
# Eurozone

Explainer: Have Spain and Italy been 'bailed out'?

Jun 20th 2012, 8:55 AM 3,566 Views 23 Comments

Germany has reportedly relented and will allow the ESM to buy bonds directly, which could save Spain and Italy.

# efsf - Monday 18 June, 2012

Brussels says report on Troika loan proposal is "simply not true"
# Deal Or No Deal?
# Deal Or No Deal?

Brussels says report on Troika loan proposal is "simply not true"

Jun 18th 2012, 4:05 PM 4,243 Views 55 Comments

The European Commission flatly denies an RTÉ report saying the Troika are considering extending the schedule for repayments.

# efsf - Wednesday 13 June, 2012

Spanish bailout: what we know so far
# Spain
# Spain

Spanish bailout: what we know so far

Jun 13th 2012, 5:49 PM 2,689 Views 7 Comments

An essential round-up of the details to date of the Spanish bailout, from interest rates to lending conditions.

# efsf - Saturday 9 June, 2012

Noonan welcomes Spanish request for banking bailout
# Spain
# Spain

Noonan welcomes Spanish request for banking bailout

Jun 9th 2012, 8:45 PM 9,020 Views 113 Comments

But will Ireland have to contribute to the bailout?

# efsf - Tuesday 8 May, 2012

Honohan calls for EU-wide 'banking union'
# Banks
# Banks

Honohan calls for EU-wide 'banking union'

May 8th 2012, 8:54 PM 3,239 Views 36 Comments

The Central Bank governor also said Irish banks should be recapitalised with EU funds – and without running up our national debt.

# efsf - Thursday 26 April, 2012

Column: If Ireland votes no, how would we finance the country? Here's how
# Opinion
# Opinion

Column: If Ireland votes no, how would we finance the country? Here's how

Apr 26th 2012, 7:15 AM 25 Views 44 Comments

The debate about what would happen if Ireland votes no is based on worst case scenarios. We should focus on real alternatives, write Michael Taft and Tom McDonnell.

# efsf - Sunday 1 April, 2012

German central bank 'to stop taking Irish bonds as collateral'
# Bond Wars
# Bond Wars

German central bank 'to stop taking Irish bonds as collateral'

Apr 1st 2012, 8:10 AM 5,349 Views 16 Comments

A German newspaper report says the Bundesbank won’t take Irish, Greek or Portuguese bonds from banks any more.

# efsf - Friday 30 March, 2012

EU finance ministers meet to decide on size of bailout fund
# EU
# EU

EU finance ministers meet to decide on size of bailout fund

Mar 30th 2012, 8:06 AM 1,051 Views 16 Comments

The 17 eurozone finance ministers will meet in Copehagen for two days of discussions concerning the size of the bailout fund available to countries.

# efsf - Tuesday 13 March, 2012

Noonan closes door on amendments to EU bailout treaty
# Referendum
# Referendum

Noonan closes door on amendments to EU bailout treaty

Mar 13th 2012, 12:52 PM 1,892 Views 27 Comments

The finance minister says it makes sense that countries seeking bailout funds must first apply “sensible budgetary policies”.

# efsf - Wednesday 29 February, 2012

# efsf - Tuesday 21 February, 2012

Borrowing costs for eurozone bailout fund fall after Greek deal
# Bond Auction
# Bond Auction

Borrowing costs for eurozone bailout fund fall after Greek deal

Feb 21st 2012, 11:36 AM 1,598 Views 7 Comments

The EFSF issues a new round of 6-month bills – with interest rates significantly lower than at the same time last month.

# efsf - Tuesday 24 January, 2012

Noonan to hold talks with ECB chief Mario Draghi
# Eurozone
# Eurozone

Noonan to hold talks with ECB chief Mario Draghi

Jan 24th 2012, 7:24 AM 1,273 Views 29 Comments

The Finance Minister will try to get a better deal on Ireland’s bailout as he holds talks with the European Central Bank president today.

# efsf - Friday 20 January, 2012

Could EU fiscal treaty go through with just 12 states on board?
# Fiscal Treaty
# Fiscal Treaty

Could EU fiscal treaty go through with just 12 states on board?

Jan 20th 2012, 11:11 AM 1,974 Views 23 Comments

Dow Jones/Wall Street Journal team says it has seen a draft of treaty.

# efsf - Tuesday 17 January, 2012

EU bailout fund overcomes downgrade with successful bond auction
# EFSF
# EFSF

EU bailout fund overcomes downgrade with successful bond auction

Jan 17th 2012, 12:36 PM 189 Views 0 Comments

The EFSF sells six-month bills with an average interest rate of 0.2664 per cent – despite being downgraded yesterday.

# efsf - Monday 16 January, 2012

Bailout costs likely to rise after S&P downgrades EU fund
# Downgrade
# Downgrade

Bailout costs likely to rise after S&P downgrades EU fund

Jan 16th 2012, 6:18 PM 1,834 Views 11 Comments

Standard & Poor’s downgrades the European Financial Stability Fund, meaning our future loans will probably cost us more.

# efsf - Friday 13 January, 2012

S&P runs riot in the eurozone: France loses AAA rating as Portugal turns to junk
# Downgrade
# Downgrade

S&P runs riot in the eurozone: France loses AAA rating as Portugal turns to junk

Jan 13th 2012, 9:43 PM 7,894 Views 76 Comments

A French downgrade is bad news for us, too – because Europe’s bailout fund is also likely to be downgraded by S&P.

# efsf - Tuesday 10 January, 2012

Brussels says discussion of second Irish bailout is 'not helpful'
# Bailout
# Bailout

Brussels says discussion of second Irish bailout is 'not helpful'

Jan 10th 2012, 7:26 PM 2,724 Views 20 Comments

Ireland’s first bailout is performing well, says a spokesman for Olli Rehn – so it’s “not particularly useful” to discuss a second one.

Ireland 'should be praying for a second bailout', DCU economist warns
# Second Bailout
# Second Bailout

Ireland 'should be praying for a second bailout', DCU economist warns

Jan 10th 2012, 8:10 AM 4,357 Views 42 Comments

Tony Foley said only borrowing more billions from the EFSF would save Ireland from paying punitive interest rates on financial markets.

# efsf - Monday 9 January, 2012

Ireland should negotiate 'standby second bailout', says Citi chief
# Bailout
# Bailout

Ireland should negotiate 'standby second bailout', says Citi chief

Jan 9th 2012, 7:26 PM 4,601 Views 51 Comments

Citigroup’s chief economist Willem Buiter says Ireland should have a second funding deal wrapped up before the first one runs out.

# efsf - Thursday 5 January, 2012

The Daily Fix: Thursday
# Daily Fix
# Daily Fix

The Daily Fix: Thursday

Jan 5th 2012, 8:03 PM 5,564 Views 1 Comment

In tonight’s fix: Warnings over mortgage interest relief, Phil Hogan’s website woes, Vita Cortex owner “can’t move money” – and a solution to modern dinner part complaints?

EU fund issues new bonds to pay for Irish bailout
# Bailout
# Bailout

EU fund issues new bonds to pay for Irish bailout

Jan 5th 2012, 1:55 PM 2,632 Views 29 Comments

The European Financial Stability Fund says it issued €3bn in three-year bonds, at a rate over four times cheaper than we’d get.

# efsf - Tuesday 13 December, 2011

Belgium, Spain and bailout fund perform better in bond auctions
# Bond Auctions
# Bond Auctions

Belgium, Spain and bailout fund perform better in bond auctions

Dec 13th 2011, 12:25 PM 1,283 Views 1 Comment

There’s little respite for Greece, though, which is asked to pay a higher yield on an experimental auction of short-term bonds.

# efsf - Wednesday 30 November, 2011

Kenny tells Dáil: ‘I have an answer to the euro problem’
# Debt Crisis
# Debt Crisis

Kenny tells Dáil: ‘I have an answer to the euro problem’

Nov 30th 2011, 1:41 PM 8,116 Views 79 Comments

The Taoiseach says the only way to solve Europe’s debt crisis is to tap the European Central Bank’s “infinite capability”.

# efsf - Tuesday 29 November, 2011

Eurozone finance ministers hold talks amid fears of euro breakup
# Eurozone
# Eurozone

Eurozone finance ministers hold talks amid fears of euro breakup

Nov 29th 2011, 7:31 AM 2,443 Views 23 Comments

US president Barack Obama has weighed in with a call for EU countries to find a solution to the spiralling debt crisis.

# efsf - Monday 28 November, 2011

Eurozone 'has ten days to save itself, or collapse' - analyst
# Eurozone
# Eurozone

Eurozone 'has ten days to save itself, or collapse' - analyst

Nov 28th 2011, 10:09 AM 5,165 Views 39 Comments

Wolfgang Münchau, associate editor of the Financial Times, believes catastrophe is coming if a deal is not struck by December 9.

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