Funds given to a collapsing institution by a government in the hope of saving them.
# bailout - Yesterday’s News
Bad news from Germany…
# bailout - Monday 23 June, 2014
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.
# bailout - Thursday 19 June, 2014
AIB is holding its AGM today, and the bank’s boss wants the Government to know it’s going to get paid back.
# bailout - Wednesday 18 June, 2014
“I met him to say goodbye to him, he’s leaving next week,” Brendan Howlin said today.
Some of the questions on the paper wouldn’t have been out of place in a third level exam, one expert said.
# bailout - Wednesday 7 May, 2014
A former advisor to Jose Manuel Barroso says the only way to save Europe is to change direction.
The head of the Irish desk says our credibility is on the line.
# bailout - Monday 5 May, 2014
As the debt crisis deepened in 2010, it brought down Greece first, followed by Ireland and Portugal.
# bailout - Friday 2 May, 2014
The IMF had officials in Ireland, and they reckon we’re doing well.
# bailout - Friday 28 March, 2014
The €300 limit was intended to prevent a run on the country’s banks.
# bailout - Thursday 27 March, 2014
The fund of up to €13 billion will avert bankruptcy amid Ukraine’s escalating standoff with Russia.
# bailout - Saturday 22 March, 2014
Sinn Féin MEP candidate Matt Carthy said that the odds of three votes being incorrect due to a technical fault were ‘astronomical’.
# bailout - Thursday 20 March, 2014
International expert firm was paid €7.3m for advice by Fianna Fail/Green government
# bailout - Wednesday 19 March, 2014
Meanwhile, IMF chief Christine Lagarde denied any wrongdoing as she was questioned for the third time by French prosecutors in a corruption case.
# bailout - Saturday 15 March, 2014
The European Parliament has voted in favour of a motion calling for the publishing of the letter.
# bailout - Friday 7 March, 2014
Having spent the morning at the EPP Congress, Merkel met with the Taoiseach and the Tánaiste at Government Buildings this afternoon.
The U2 frontman has been addressing delegates at the European People’s Party congress in Dublin.
# bailout - Tuesday 4 March, 2014
In a speech to be delivered tomorrow night in Cork, the European Commission President praises the “sacrifices” Irish families have made.
# bailout - Monday 3 March, 2014
Diarmuid O’Flynn is calling for a debt write down for Ireland and the abolition of the euro.
# bailout - Sunday 2 March, 2014
From an imagined post-2020 perspective, barrister and co-founder of New Beginning Vincent P Martin, considers how our current housing crisis might play out in the near future.
# bailout - Monday 27 January, 2014
# bailout - Thursday 23 January, 2014
Minister for Finance Michael Noonan said he can categorically deny that Irish banks would need a so-called ‘bail-in’.
The IMF has warned that the country faces five more years with high unemployment unless it enacts more reforms, including major wage cuts.
# bailout - Friday 17 January, 2014
A member of the European Parliament Committee who are in Dublin today to discuss the bank bailout said while Ireland has a case to make, so does every other country.
Good morning! Here are nine things you need to know as you start your day.
Ireland’s push for a bank debt deal may also come up, but is not on the formal agenda for the meeting today.
# bailout - Thursday 16 January, 2014
Labour MEP Emer Costello has been strongly critical of the troika for putting the banks and bondholders ahead of citizens.
# bailout - Friday 10 January, 2014
A public hearing in Brussels yesterday heard from MEPs who stated that the social consequences of Troika policies can’t be ignored.
# bailout - Wednesday 8 January, 2014
# bailout - Friday 27 December, 2013
“The increase…would also increase the amount of IMF credit potentially available to Ireland should circumstances ever arise…”
# bailout - Friday 20 December, 2013
The European Commission President didn’t mince his words last night.
# bailout - Thursday 19 December, 2013
Speaking to the IMF, Ajai Chopra went on to say that eurozone partners had stopped Ireland from imposing haircuts on senior creditors.
Good morning! Here are nine things you want to know as you start your day.
The EU banking union framework has been agreed, meaning banks will bail themselves out.
# bailout - Wednesday 18 December, 2013
Enda Kenny is in Belgium tomorrow to attend the first EU Summit since Ireland’s exit of the bailout.
They are John Bowe, former head of treasury at Anglo Irish Bank, Peter Fitzpatrick former finance director at Irish Life and Permanent and Denis Casey, former chief executive of ILP.
# bailout - Monday 16 December, 2013
The Fianna Fáil Finance spokesperson says he wants more detail on the government’s plans to grow the economy.
The business group has predicted stronger growth than the Government, saying GDP could rise by as much as three per cent in 2014.
# bailout - Sunday 15 December, 2013
The Troika itself isn’t going anywhere. They will continue to dictate austerity for years to come, writes Paul Murphy.
The target borrower for banks is often a high net worth individual living overseas: ordinary owner-occupiers can go and whistle.