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#Promissory notes

# promissory-notes - Friday 16 December, 2016

Joan Collins says the Supreme Court "sided against the Irish people" in rejecting her promissory note appeal
# Prom Night Revisited
# Prom Night Revisited

Joan Collins says the Supreme Court "sided against the Irish people" in rejecting her promissory note appeal

Dec 16th 2016, 1:13 PM 20,431 Views 150 Comments

Earlier, the State’s highest court rejected the independent TD’s challenge to the decision to use public money to aid institutions like Anglo Irish Bank in 2010.

# promissory-notes - Saturday 11 July, 2015

'Greece should drop the euro - and so should Ireland'
# 228 Weeks
# 228 Weeks

'Greece should drop the euro - and so should Ireland'

Jul 11th 2015, 7:45 AM 23,894 Views 101 Comments

Ballyhea Says No began marching against the Irish bailout in 2011.

# promissory-notes - Tuesday 8 April, 2014

Honohan told to 'stand up to the ECB' as Frankfurt puts the pressure on last year's deal
# Serious Concerns
# Serious Concerns

Honohan told to 'stand up to the ECB' as Frankfurt puts the pressure on last year's deal

Apr 8th 2014, 8:52 AM 7,436 Views 40 Comments

In it’s annual report published yesterday, the ECB says that, “liquidation of the IBRC raises serious monetary financing concerns”.

# promissory-notes - Thursday 27 February, 2014

'I didn't sleep very well last night' - State to pay 75% of costs in prom note case
# Banks
# Banks

'I didn't sleep very well last night' - State to pay 75% of costs in prom note case

Feb 27th 2014, 6:35 PM 19,970 Views 78 Comments

The High Court ruled it was an exception al case which merited a departure from the normal rules on legal costs.

# promissory-notes - Monday 14 October, 2013

Column: Our crisis was caused by too little democracy – not by too much
# Opinion
# Opinion

Column: Our crisis was caused by too little democracy – not by too much

Oct 14th 2013, 7:00 AM 64 Views 36 Comments

One TD has launched constitutional challenge seeking to reassert the right to vote on state spending – here’s why, Vincent P Martin writes.

# promissory-notes - Tuesday 18 June, 2013

The IMF wants Budget 2014 to ignore the promissory note deal
# Bailout
# Bailout

The IMF wants Budget 2014 to ignore the promissory note deal

Jun 18th 2013, 8:01 AM 10,037 Views 59 Comments

The Washington-based fund says we’ve completed our tenth quarterly review under the bailout, with a mixed outlook.

# promissory-notes - Friday 22 March, 2013

'All we're looking for is a fair deal' - An IBRC worker on the impact of liquidation
# Opinion
# Opinion

'All we're looking for is a fair deal' - An IBRC worker on the impact of liquidation

Mar 22nd 2013, 6:30 AM 168 Views 34 Comments

Since the bank formerly known as Anglo Irish Bank was liquidated last month ordinary workers have been left in the dark as to their fate and that of redundancy packages they’d agreed prior to ‘promnight’. Here, an employee speaks out…

# promissory-notes - Wednesday 27 February, 2013

Poll: Do you feel more positive about Ireland's economic situation?
# Your Say
# Your Say

Poll: Do you feel more positive about Ireland's economic situation?

Feb 27th 2013, 9:57 AM 10,074 Views 100 Comments

With the Bank Guarantee set to end next month, is Ireland’s economy finally stabilising?

# promissory-notes - Monday 25 February, 2013

Rehn: Budget 2014 should not be eased after promissory note savings
# Promissory Note
# Promissory Note

Rehn: Budget 2014 should not be eased after promissory note savings

Feb 25th 2013, 11:12 AM 3,920 Views 46 Comments

The European Commissioner says the €1 billion savings should be used to eliminate Ireland’s deficit as soon as possible.

# promissory-notes - Friday 22 February, 2013

Noonan hints €1bn IBRC savings will go to repay debts
# Promissory Note
# Promissory Note

Noonan hints €1bn IBRC savings will go to repay debts

Feb 22nd 2013, 9:33 PM 9,885 Views 77 Comments

Michael Noonan thinks it would make more sense not to use the promissory note proceeds to ease the next Budget.

# promissory-notes - Wednesday 20 February, 2013

Supreme Court rejects TDs application to join promissory note challenge
# Promissory Notes
# Promissory Notes

Supreme Court rejects TDs application to join promissory note challenge

Feb 20th 2013, 9:07 PM 5,204 Views 92 Comments

Five Deputies applied to join businessman David Hall’s challenge to the payment of promissory notes, saying it was in the public interest for the case to go ahead.

Varadkar: Promissory note saving 'is not €1bn more we have to spend'
# Budget 2014
# Budget 2014

Varadkar: Promissory note saving 'is not €1bn more we have to spend'

Feb 20th 2013, 10:35 AM 5,386 Views 74 Comments

The Transport Minister says that talk that the government has €1 billion more to play with in the next Budget “gave me bad memories of Charlie McCreevy”.

# promissory-notes - Monday 18 February, 2013

The 5 at 5: Monday
# 5 At 5
# 5 At 5

The 5 at 5: Monday

Feb 18th 2013, 4:48 PM 11,604 Views 0 Comments

5 minutes, 5 stories, 5 o’clock…

Draghi: ECB hasn't yet considered whether Irish deal is legal
# Promissory Notes
# Promissory Notes

Draghi: ECB hasn't yet considered whether Irish deal is legal

Feb 18th 2013, 3:57 PM 10,327 Views 33 Comments

Mario Draghi tells MEPs that the European Central Bank only checks ‘monetary financing’ operations once a year

German central bank says promissory note deal is 'problematic'
# Promissory Notes
# Promissory Notes

German central bank says promissory note deal is 'problematic'

Feb 18th 2013, 1:39 PM 23,687 Views 49 Comments

In its monthly report the Bundesbank says the deal illustrates problematic overlaps between fiscal and monetary policy.

# promissory-notes - Sunday 17 February, 2013

The 9 at 9: Sunday
# 9 At 9
# 9 At 9

The 9 at 9: Sunday

Feb 17th 2013, 8:51 AM 13,914 Views 27 Comments

Good morning. Here are nine things to know before you start your day.

# promissory-notes - Thursday 14 February, 2013

Oireachtas agenda: WW2 pardon, promissory notes and obesity
# Leinster House
# Leinster House

Oireachtas agenda: WW2 pardon, promissory notes and obesity

Feb 14th 2013, 7:20 AM 3,783 Views 10 Comments

The Operation Transformation team meet the Health committee this morning to discuss Ireland’s obesity problem.

# promissory-notes - Tuesday 12 February, 2013

Government yet to decide how €1bn prom note windfall will be spent
# Budget 2014
# Budget 2014

Government yet to decide how €1bn prom note windfall will be spent

Feb 12th 2013, 4:05 PM 8,431 Views 138 Comments

Enda Kenny says it’s only six weeks into the year – and too early to predict the promissory note impact on Budget 2014.

Oireachtas agenda: Promissory notes, eco-cars and horse meat
# Leinster House
# Leinster House

Oireachtas agenda: Promissory notes, eco-cars and horse meat

Feb 12th 2013, 7:30 AM 2,504 Views 4 Comments

Simon Coveney will take ministerial questions in the Dáil today as the horse meat controversy rages on.

# promissory-notes - Monday 11 February, 2013

S&P improves outlook for Irish credit rating after prom note deal
# Credit Ratings
# Credit Ratings

S&P improves outlook for Irish credit rating after prom note deal

Feb 11th 2013, 6:46 PM 7,848 Views 56 Comments

Exchanging promissory notes for long-term bonds “should reduce the government’s debt-servicing costs and lower refinancing risk.”

Union meeting with IBRC liquidator over future of 800 jobs
# Promissory Notes
# Promissory Notes

Union meeting with IBRC liquidator over future of 800 jobs

Feb 11th 2013, 1:35 PM 4,789 Views 17 Comments

The contracts of some 800 workers in Ireland were essentially terminated when the government decided to liquidate the bank last week.

Consumer spending power to stabilise this year, improve in 2014
# Spending
# Spending

Consumer spending power to stabilise this year, improve in 2014

Feb 11th 2013, 8:27 AM 3,314 Views 20 Comments

Working households with mortgages will see the greatest growth in spending power while unemployed households will fare worst.

# promissory-notes - Sunday 10 February, 2013

Central Bank Governor says 'deal' will not unravel
# Promissory Notes
# Promissory Notes

Central Bank Governor says 'deal' will not unravel

Feb 10th 2013, 1:35 PM 7,498 Views 67 Comments

Patrick Honohan said Ireland’s debt is now more sustainable than it was.

# promissory-notes - Saturday 9 February, 2013

Column: Promissory note deal sees Fine Gael come out on top
# Promnight
# Promnight

Column: Promissory note deal sees Fine Gael come out on top

Feb 9th 2013, 7:00 PM 48 Views 152 Comments

The response to the promissory note deal has ranged from muted in the case of Fianna Fáil to outrage from Sinn Féin and the Independents – so what does this deal mean for Fine Gael, asks Gary Murphy.

Timeline: The 24 hours that secured the promissory note deal
# Prom Night
# Prom Night

Timeline: The 24 hours that secured the promissory note deal

Feb 9th 2013, 8:00 AM 6,027 Views 94 Comments

It was dramatic, chaotic, uncertain and very confusing as Ireland struck a deal to tear up the promissory notes and repay Anglo’s debts over a longer period. Here’s how it unfolded…

# promissory-notes - Friday 8 February, 2013

Ireland's cost of borrowing falls as NTMA formally issues new bonds
# Moving On Up?
# Moving On Up?

Ireland's cost of borrowing falls as NTMA formally issues new bonds

Feb 8th 2013, 6:49 PM 6,335 Views 28 Comments

The body that manages Irish debt has formally issued new bonds to replace the promissory notes.

Gilmore: Change in promissory note terms is "very, very significant"
# Promissory Notes
# Promissory Notes

Gilmore: Change in promissory note terms is "very, very significant"

Feb 8th 2013, 9:43 AM 4,720 Views 79 Comments

The Tánaiste said that

Poll: Did the government get a good deal on the promissory notes?
# Your Say
# Your Say

Poll: Did the government get a good deal on the promissory notes?

Feb 8th 2013, 9:41 AM 11,764 Views 190 Comments

The government argues that swapping the €3.06 billion annual payments for long-term bonds is the best we could have got, but others argue we’re still paying the debt. What do you think?

Businesses and financial institutions hail promissory notes deal
# Promissory Notes
# Promissory Notes

Businesses and financial institutions hail promissory notes deal

Feb 8th 2013, 8:19 AM 4,993 Views 59 Comments

Danske Bank Markets said it now expects rating agencies to upgrade Ireland’s status while businesses say the deal will improve consumer confidence.

# promissory-notes - Thursday 7 February, 2013

22 things we’ll still have, even if the ECB takes everything
# Prom Night
From The Daily Edge
# Prom Night

22 things we’ll still have, even if the ECB takes everything

Feb 7th 2013, 10:14 PM 37,398 Views 91 Comments

These are Ireland’s REAL assets.

Here's how the IBRC deal takes €1bn off next year’s Budget
# Budget 2014
# Budget 2014

Here's how the IBRC deal takes €1bn off next year’s Budget

Feb 7th 2013, 10:13 PM 15,963 Views 114 Comments

The Department of Finance has put together these figures to illustrate the benefit to Budgets 2014 and 2015.

Central Bank says ECB deal will 'contribute to financial stability'
# Promissory Notes
# Promissory Notes

Central Bank says ECB deal will 'contribute to financial stability'

Feb 7th 2013, 8:24 PM 5,347 Views 32 Comments

The independent body, which takes over ownership of the promissory notes in the deal, welcomes the moves.

The 5 at 5: Thursday
# Take 5
# Take 5

The 5 at 5: Thursday

Feb 7th 2013, 4:53 PM 6,814 Views 3 Comments

5 stories, 5 minutes, 5 o’clock.

Bonds: Fianna Fáil's 'qualified welcome', Sinn Féin says it will cost people €14,000
# Promissory Notes
# Promissory Notes

Bonds: Fianna Fáil's 'qualified welcome', Sinn Féin says it will cost people €14,000

Feb 7th 2013, 4:50 PM 10,716 Views 108 Comments

Sinn Féin’s Pearse Doherty said there will be €1 billion of interest on the bonds every year.

As it happened: Michael Noonan and Brendan Howlin on promissory note deal
# Promissory Notes
# Promissory Notes

As it happened: Michael Noonan and Brendan Howlin on promissory note deal

Feb 7th 2013, 3:55 PM 9,011 Views 50 Comments

The two Ministers will be holding a press conference from 4pm about the promissory note agreement. Let’s see what they have to say.

Kenny: First payment on new Government bonds in 2038
# Promissory Notes
# Promissory Notes

Kenny: First payment on new Government bonds in 2038

Feb 7th 2013, 3:21 PM 9,378 Views 76 Comments

The final payment of the bonds that replace the promissory notes will take place in 2053.

In full: 'The annual promissory note payments are gone' - Enda Kenny
# Promissory Notes
# Promissory Notes

In full: 'The annual promissory note payments are gone' - Enda Kenny

Feb 7th 2013, 2:57 PM 22,266 Views 154 Comments

The Taoiseach’s full speech to the Dáil on the revised promissory note arrangements which will see the IOUs replaced with long-term government bonds.

TDs question lack of debate on promissory notes
# Promissory Notes
# Promissory Notes

TDs question lack of debate on promissory notes

Feb 7th 2013, 2:16 PM 4,283 Views 51 Comments

Deputies Micheál Martin and Peadar Tóibín both criticised the lack of facility for debate on the issue in the Dáil today.

Draghi says ECB "took note" of IBRC liquidation
# Promissory Notes
# Promissory Notes

Draghi says ECB "took note" of IBRC liquidation

Feb 7th 2013, 2:14 PM 5,981 Views 22 Comments

The European Central Bank President said that no decision has been taken on the IBRC promissory note.

Supreme Court adjourns promissory note appeal as TDs seek to join case
# Promissory Notes
# Promissory Notes

Supreme Court adjourns promissory note appeal as TDs seek to join case

Feb 7th 2013, 1:33 PM 6,775 Views 44 Comments

David Hall says his case concerns issues wider than that of the €3.06 billion payment due in March that now appears unlikely following the liquidation of IBRC overnight.

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