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The NTMA say that they will not “run out the door” to make a long-term bond sale.
Junior Minister Paschal Donohoe says that since we have now chosen to leave the bailout without a precautionary credit line, we must now keep borrowing rates low:
After a meeting in Brussels this evening the Eurogroup also announced that Spain would would not be requesting any further assistance when it exit its banking bailout.
The Finance Minster says that Ireland’s decision not to take a post-bailout credit line was because this was a “benign” time. The Troika say Ireland is in a “strong position”.
Our shared currency system is not just preventing our ability to recover but is at the root of inevitable further looming crises, writes Mike Hall.
Josph Stiglitz said that austerity has been shown historically not to work and implementing such policies after 2008 was a bigger mistake then the choices made before the crash.
This is the result of a system where proposals which receive 100,000 signatures can be voted on by the public.
A total of €10.5 million was recovered through the actions of its Special Claims Investigation Unit and third party recovery process.
Spoiler alert: Not in the near future, at least.
The rounding trial runs until November and the project is being run by the Central Bank.
Dr Donal Donovan considers who and what was responsible for the demise of the Celtic Tiger – and whether Ireland’s preferential corporate tax regime can be sustained in the face of pressures from other countries.
The building costs Avoca €430k to rent a year, and they have a 25-year lease.
The Central Bank says that mortgage rates in Irish banks have “diverged somewhat” from the ECB over the past year.
A Wexford town is going to be the guinea pig for abolishing the smallest denomination Euro coins. Good idea? Bad idea?
Unions have called for a one-day national mobilisation against the axing re-deployment of thousands of civil servants.
The decision was confirmed by the European Council yesterday and will give the Baltic state six months to prepare for the changeover.
The think tank says the package is the best course of action, whatever happens in the economy.
No really. You’ll feel much better about it once you’ve read this.
Figures published by Eurostat show that over 220 million people were employed in the EU in the first quarter of this year.
The European Commission is looking at replacing one and two cent coins or getting rid of them entirely due to the costs involved in making them.
The single euro payments area (SEPA) will be launched early next year.
Bailouts! Deposit levies! Leaving the euro? It’s all been happening in the last ten days.
The country’s president said a decision must be made today. Meanwhile, the Finance Minister remains in Russia for negotiations.
Italy’s outgoing Prime Minister has expressed fears over Silvio Berlusconi’s potential negative effect on the euro, should his party win this month’s election.
The country, which had previously borrowed €7.5 billion in bailout funds, intends to send a formal request to the European Union this month.
Professor John McHale, the chairman of the Irish Fiscal Advisory Council, said Ireland has made huge progress – but is not out of the woods yet.
An extra 187,300 people have joined Spain’s jobless queue – bringing the total to 5.97 million people.
The deal has been hailed by finance minister Michael Noonan as having the potential to save Ireland billions of euro.
A Red C poll on Ireland and the EU found the vast majority of people think Ireland has benefited from its membership of the EU.
The German Chancellor’s party faces a tough battle in the upcoming Lower Saxony state vote.
HURRAH! Break out the champagne and foie gras…
The Titanic disaster, the Cuban Missile Crisis, and the Anglo-Irish Treaty: 2012 has been a big year for commemorations. Here’s your guide to the bigger commemorations held this year.
That, however, is a drop in confidence in the single currency on the last Eurobarometer survey.
Dealing with problems on a country by country basis not working, says IMF.
A deal on bank debt is one of the top priorities, the Tánaiste Eamon Gilmore said today.
Budget 2013 is less than a week old but already thoughts are turning to Budget 2014 and the possibility it could be held earlier than December next year.
Italian Prime Minister Mario Monti has said he is stepping down just hours after Silvio Berlusconi announced he would run again for head of government.
Breaking via The Mire wire: Wine replaces the euro as common currency; Budget enshrines right to die in poverty and exclusive details of the Love/Hate Christmas special.
Party members re-elected Merkel as the CDU leader with a landslide majority of 98 per cent of the vote.