Gardaí cut backlog of child sex abuse case analysis in half, but long delays remain
At one stage, it could take five years before gardaí would get to a case because of the volume of material for analysis.
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At one stage, it could take five years before gardaí would get to a case because of the volume of material for analysis.
The ratings agency did however note Ryanair’s ‘reputation for providing less customer-friendly services than some of its peers’.
Good morning. Here are the nine stories you need to know as you kick off your day.
Moody’s said that a ‘weakening in the political commitment’ among eurozone states towards the ESM would have negative implications.
Ratings agency also revised stable outlooks for the Netherlands and Luxembourg to ‘negative’.
Almost one quarter of the workforce is unemployed, according to the latest figures out today.
The move follows a crucial bond swap with private creditors by Greece at the weekend, which knocked over €100 billion off the country’s national debt.
In its weekly credit outlook, Moody’s welcomes the plans to sell state assets – but that our position remains “challenging”.
The ratings agency has downgraded Greece just one day after EU leaders agreed on a €130 billion bailout deal for the country.
France and the UK were both warned that they could lose their coveted AAA credit rating.
Fitch cut the ratings on four of Spain’s financial institutions – while S&P downgraded 15.
Bord Gais, the DAA and the ESB are currently rated ‘negative’ by S&P.
A French downgrade is bad news for us, too – because Europe’s bailout fund is also likely to be downgraded by S&P.
The agency also said there was a more than 50 per cent chance of another downgrade within two years.
Fitch ratings agency has this evening said it is considering downgrading Ireland, Italy, Spain, Belgium, Slovenia and Cyprus by one or two notches.
Moody’s says that the fragility of the state’s economic recovery coupled with recent eurozone pressures mean growth won’t hit the govt target for 2012.
The rating agency’s latest move follows a similar measure imposed on most eurozone countries earlier this week.
The agency’s latest credit ratings downgrades include Bank of America, Goldman Sachs and JPMorgan Chase.
Fresh warnings over health of the eurozone as the OECD and Moody’s voice concerns over continuing spread of debt contagion.
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Investors are becoming increasingly concerned about France’s overall debt and deficit levels.
The agency says it may put France’s Aaa rating on negative outlook in the coming months over a weakening in the government’s financial position.
The agency said a “weakening” economy and fragile government were putting the country at risk.
In the aftermath of the debt downgrade, people are wondering how S&P and the likes became so powerful. Here’s the answer.
The US president has called for a “balanced approach” to the crisis, but the House Speaker says Obama cannot have a “blank cheque” for it.
Jose Manuel Barroso’s spokesman says the Commission can’t understand why Moody’s is taking such a dim view.
If Ireland borrowed for two years, it would have to pay 18.6 per cent interest – 14 times what Germany would.
Commission President Barroso suggests market “bias” against European countries because of agencies’ reports.
Standard & Poor’s drops Greece another three notches and says any restructure will be considered a sovereign default.
Standard & Poor’s said in a report that house prices in Ireland are currently at pre-2000 levels of affordability but it sees no sign of the market being active over the next couple of years.
The very benchmark of government financial reliability – the US Treasury bond – is given a talking-to by Standard & Poor’s.
Portugal’s crisis is taking the shine off the EU summit in Brussels, where leaders have put the finishing touches to a “comprehensive package” in response to the financial crisis.
The ratings agency is closely monitoring Ireland’s attempt to negotiate better terms on the EU/IMF deal – but has said it did not have imminent plans to downgrade Ireland.
The ratings agency says it’s considering a downgrade for Spain – but the news doesn’t make a major impact on bond markets.
More bad news for Irish banks with latest round of credit downgrades.
The agency points to the cost of the Anglo bailout to explain the downgrade.
S&P downgrades Ireland’s rating. FT says: at least it’s kept us amused on a quiet day.