The rate at which the European Central Bank pays commercial banks for depositing their unused cash has been reduced from zero per cent to minus 0.10 per cent.
If Enda Kenny seeks the position of either President of the European Council or head of the European Commission, he could achieve great things for Ireland and Europe, writes David Moloney.
Enda Kenny’s comments came prior to those of the European Commission president Jose Manuel Barroso last week where he appeared to rule out any retrospective bank deal.
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”.
Taoiseach Kenny wrote a letter to 26 EU heads about their 2012 “commitment” to give Ireland special treatment – but they don’t care for wimpish reminders.
Restoring fiscal health to the eurozone remains a serious challenge, but the EU must nevertheless find a solution to its illegal immigration crisis to prevent further tragedies, writes David Moloney.
David Moloney breaks down the results of the 2013 German federal election, focusing on what kind of impact it will have on the wider eurozone economy – and, specifically, on Ireland’s corporation tax.
Earlier the Tánaiste Eamon Gilmore said that the result of the German election was never going to impact on Ireland’s push for retrospective recapitalisation of its banks.
THE PRIVATE PERSONAL information belonging to potentially tens of thousands of Irish people could be sold on the darkweb to the highest bidder unless some form of deal is brokered with the hackers, senior sources have warned as the massive HSE cyberattack enters its fifth day.
The ongoing fallout of the cyber attack has placed a renewed focus on the security of people’s data online. Many people have been hacked online – whether they realise it or not.
People are consistently warned to make sure their passwords are difficult to guess or to change them regularly, or to use an authenticator system. However, not everyone acts on this advice.
We want to know: How often do you change your online passwords?
A t-storm in the area this afternoon
Max: 13 °C
Min: 4 °C
Winds gusting past 45 mph; rain at times
Max: 13 °C
Min: 7 °C
