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Thursday 30 November 2023 Dublin: 3°C

# Troika

All time
Central Bank Governor says another financial meltdown can't be ruled out
Patrick Honohan said he thought that “our fiscal crisis of the 1980s would have cured us of excesses of any type for 100 years”, but it didn’t.
'We're a normal country now': Brendan Howlin said goodbye to the IMF's man in Dublin today
“I met him to say goodbye to him, he’s leaving next week,” Brendan Howlin said today.
Here's why the OECD thinks we need to cut €2 billion in the budget
The head of the Irish desk says our credibility is on the line.
Portugal follows Ireland's lead by going it alone as it leaves bailout
As the debt crisis deepened in 2010, it brought down Greece first, followed by Ireland and Portugal.
Column: Unpaid internships, low wages, zero hour contracts – this is life without job security
The lack of proper jobs will ultimately cause our economy to stagnate – but employers can’t seem to resist the almost-endless supply of cheap labour.
Greece could get more cash after Troika agree next step in bailout programme
Meanwhile, IMF chief Christine Lagarde denied any wrongdoing as she was questioned for the third time by French prosecutors in a corruption case.
Column: The Troika created a social experiment – and Ireland was the unlucky lab rat
Today MEPs voted to endorse the findings of a report into the Troika – but ultimately there will be no sanctions. Ireland is not yet free from economic shackles, writes Nessa Childers MEP.
Column: Music and austerity – how do we express the time we live in?
Toner Quinn examines Ireland’s musical response the economic crash and bank guarantee – an “act of betrayal so shocking … the country throbbed with pain”.
Bono: 'The Irish people bailed the Irish people out'
The U2 frontman has been addressing delegates at the European People’s Party congress in Dublin.
Column: Irish Water set-up is repeating the mistakes of the HSE
No real savings can now be made for 12 years in Irish Water, while we create a duplicate of the existing arrangements and also set up an expensive new central agency to boot, writes Eamon Ryan.
Column: The Troika may be gone, but Ireland's social problems remain
With the instability in the eurozone receding in recent months, we have seen the emergence of an important debate at European level: how to tackle the serious social impact of the recession, writes Dominic Hannigan TD.
Michael Noonan to discuss Troika exit with head of eurozone bailout fund
Ireland’s push for a bank debt deal may also come up, but is not on the formal agenda for the meeting today.
ECB 'held a gun' to Government's head over bailout
Labour MEP Emer Costello has been strongly critical of the troika for putting the banks and bondholders ahead of citizens.
Report on repossessions wants changes, but no legislative reform
An expert group on repossessions found that case management standards of different lenders varies greatly, “with some operating at sub-optimal level”.
Fundamental social rights were violated by Troika programmes says EU committee
A public hearing in Brussels yesterday heard from MEPs who stated that the social consequences of Troika policies can’t be ignored.
Paying unguaranteed bondholders was unfair, admits former IMF chief
Speaking to the IMF, Ajai Chopra went on to say that eurozone partners had stopped Ireland from imposing haircuts on senior creditors.
Column: This “Ireland as a success story” rhetoric is based on empty spin
The Troika itself isn’t going anywhere. They will continue to dictate austerity for years to come, writes Paul Murphy.
Troika Translator: What they said and what they meant
We got used to their visits, but what did they really think of us?
Column: In a post troika world, we must move our economy away from the failed model of the past
As we wave goodbye to the troika it’s time we set a new objective for our future, writes Derek Nolan
'The Irish people are the real heroes' - Noonan
As Ireland exits the bailout, the Ministers Finance and Public Expenditure paid tribute to the Irish people, saying they had “used their voice in the polling booth”.
Ministers have some good news, and they’ll be telling us about it all day
There’ll be a sustained eight-hour media assault by Cabinet members and State agency bosses today, as the Government marks the end of the bailout.
Joan Burton: We are still going to be heavily overseen by the Troika
The Minister for Social Protection has told it will not be “return to boom time instantly” when the EU/IMF programme ends later this month.
Tough decisions ahead regardless of Troika involvement - Minister
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:
‘This is the right decision for Ireland’: Taoiseach confirms bailout exit without credit line
Enda Kenny has told the Dáil that Ireland will not avail of a precautionary credit facility when it exits the bailout programme on 15 December.
"The purpose of the programme was actually to exit the programme" - Noonan
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”.
FF: Bailout exit is 'absolutely' good news but we need a lifejacket for choppy waters
“We believe the country does need to have a lifejacket as we enter what could be potentially quite choppy waters over the next six or nine months,” Fianna Fáil’s finance spokesperson said today.
WATCH: Taoiseach confirms Ireland will exit bailout without credit line
“This is the right decision for Ireland, and now is the right time to take this decision.”
Taoiseach to inform the Dáil that Ireland will NOT take back-up credit line
Enda Kenny is expected to inform the Dáil that Ireland will NOT avail of a precautionary credit line when it exits the bailout next month.
Damien Kiberd: Govt won't admit it but we've been battered by new taxes
From the Universal Social Charge to the Local Property Tax, the Government has implemented a labyrinth of new taxes, both overt and covert.
Troika report card: 'Steadfast implementation' but watch for health and mortgages
Budget figures remain on track but “spending control must be maintained, in particular in the healthcare sector” say the EU, ECB and IMF.
The reviews are over but we may not leave for "a number of years" --- IMF Mission Chief
Ireland remains on track to exit the bailout following the final review, but the IMF says it has no immediate plans to withdraw its officials from Dublin.
After 12 reviews and at least a few "discordant words," Noonan and Howlin bid farewell to the troika
The Finance Minister described it as a “red letter day” while Howlin said that after years of intensive discussion, the bailout officials had steadily become “friends of Ireland”.
That's all folks: Troika wrap up their final visit to Ireland today
Ireland will become the first EU country to exit the bailout process on 15 December.
Sinn Féin on Troika meeting: 'We gave it to them hard and heavy'
Pearse Doherty said that officials from the Troika told Sinn Féin that the chances of retrospective bank recapitalisation are “very slim”.
Backbench TDs would welcome the Troika back... as long as they're on their holidays
“They are quite satisfied that their job is done here in Ireland,” one Fine Gael backbencher said after a meeting with the Troika this morning.
Backbench TDs to meet the Troika for the first time today
In a break with previous protocol, Troika officials will meet with non-cabinet TDs.
Here's What Happened Today: Tuesday
Everyone’s talking about the final Troika review, another Labour resignation and the testimony of US intelligence officials.
Labour councillor resigns over leadership abandonment of 'red line issues'
O’Grady said the people who are paying the price now are traditionally the ones the party fights to protect.