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Saturday 9 December 2023 Dublin: 10°C

# Troika

All time
Deficit beats Troika target but debt-to-GDP ratio to be higher this year
The Department of Finance has revised its deficit target for 2013 in light of better than expected figures in the latest Maastricht returns.
Here is the week in news... skewed
Breaking via The Mire wire: making it easier for everyone to be insolvent; Alan Shatter’s beliebers; Quinnsolvency and waking up the Troika in the middle of the night…
Updated: EU finance ministers agree to delay repayment of Irish bailout loans
All 27 EU finance ministers have now given a green light to extending the maturity of Ireland’s bailout loans by seven years.
EU and Eurozone finance ministers begin two-day summit in Dublin
Ministers will discuss extending the repayment dates of Ireland’s loans, and the aftermath of the Cyprus bailout catastrophe.
Troika recommends 'giving Ireland seven more years to repay loans'
Proposals seen by Reuters, to be put to ministers in Dublin this weekend, would see extra time given for Ireland and Portugal to repay.
Gilmore: Water charges will not be introduced next January
The Tánaiste says charges won’t be introduced before meters are installed, and that won’t be done in the next nine months.
Here is the week's news... skewed
Breaking via The Mire wire: Kim Jong-Un clings on to his place in the Dáil Technical Group, pointing Phil Hogan at North Korea and Ireland nominated by troika for fantasy government awards.
Cypriot banks brace for reopening with cash withdrawals capped at €300
Armed security guards have been posted, but there was no sign of customers queuing early for access to their cash.
IMF open to extending repayment date on Ireland's €19bn bailout loans
Christine Lagarde says the IMF has an “open mind” about allowing Ireland to defer its repayments if it helps end the bailout.
Rehn: Budget 2014 should not be eased after promissory note savings
The European Commissioner says the €1 billion savings should be used to eliminate Ireland’s deficit as soon as possible.
Explainer: What’s on the table in the Croke Park talks?
The government is seeking additional savings from the public sector, setting it on a collision course with unions. Here’s what it’s all about…
The Evening Fix... now with added Facebook privacy
Here are the things we learned, loved and shared today.
Troika sounds warning note about Ireland's unemployment rate
While the troika was happy with the continued implementation of the bailout programme, it warned that “unemployment remains stubbornly high” and turning into a long-term condition.
Stephen Donnelly: I put your questions to the Troika. Here's what they said
The independent Wicklow TD met the Troika today, with YOUR questions in hand. Here’s what he was told.
What would you ask the Troika? Here's your chance
Deputy Stephen Donnelly is meeting the troika today – and wants our commenters’ input.
Seanad to begin debating legislation behind water charges
The Water Services Bill will begin its path through the Oireachtas in the Seanad chamber this afternoon.
Read in full: The leaked European Commission document into Ireland's economy
The full draft document reveals the Irish government’s fears about a mass boycott of water charges, criticism over the costs of legal services in Ireland, and Troika suggestions to cut public sector pay.
This is the week's news... skewed
Breaking via The Mire wire: Tinfoil hats to protect against interweb; abortion floodgates ‘like Guinness at The Gathering’; James Reilly a mystery to the Troika.
Commission: Legal services are still too expensive in Ireland
Ireland’s bailout partners also want a more efficient judicial system.
Irish banks are still very fragile - and the Troika is concerned
The Troika also warned that Irish banks still aren’t lending enough to small businesses either.
Plans to cut another 9,500 public jobs are 'too costly', says Troika
A leaked European Commission report raises questions over Brendan Howlin’s plans to further downsize the public sector.
Irish government 'fears boycott of new water charges'
A leaked Troika document also reveals that the installation of water meters could be years behind the official schedule.
The Evening Fix...now with added Disneyland and Mila Kunis
Here are the things we learned, loved and shared today.
Commission calls for legal rules requiring Councils to break even
Right now councils only have an informal requirement to balance their books – something the Troika wants addressed.
Half of proceeds from State assets sale must pay down debt - Troika
The government is keen to use all of the money from the sale of State assets in “one shape or another” to fund job creation initiatives but the Troika appears more focussed on reducing the debt.
Troika thought the Government was optimistic with Budget 2013
The Troika and the Government had significantly different predictions for how much Ireland is going to grow over the next two years.
New insolvency regime may not help troubled mortgage holders - Troika
The Troika has raised concerns about the effectiveness of the new personal insolvency law that is aimed at helping the country’s many distressed mortgage holders.
Troika wants less pay, more hours for public sector workers
A draft Troika report, obtained by TheJournal.ie, reveals suggestions that the Croke Park Agreement may not go far enough.
Government to hire private companies to find work for long-term unemployed
Leaked bailout documents reveal new Department of Social Protection plans to get longstanding jobseekers back to work.
Troika recommends cuts to specialist doctors' salaries
In a leaked document, the Troika suggests a number of radical measures to address the health service overspend including hiring specialists from abroad, cutting doctors’ pay and making savings on the cost of drugs.
Ireland set to beat EU's deficit target for 2012, says Hayes
The EU wanted the general government deficit to be under 8.6 per cent of GDP, but it could be under even 8 per cent.
Poll shows majority want a new political party
The survey also paints a bleak picture about people’s belief in their own prospects for 2013.
IMF approves latest €890 million loan - and warns against mini-Budget
The Washington-based fund affirms its stance that additional budgets during the year should be avoided.
SMEs remain broadly dissatisfied with Government performance - survey
The latest ISME survey of its members shows a slight improvement in satisfaction, but still wide antipathy.
Government agrees to close loophole preventing banks repossessing homes
The agreement was made in a memorandum sent by Finance Minister Michael Noonan to the Troika.
EU approves six-month extension of Ireland's bank guarantee
The approval is seen as routine and may be the last extension, with the possibility of a withdrawal early next year.