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Dublin: 19 °C Tuesday 29 July, 2014
Bailout

Bailout

Funds given to a collapsing institution by a government in the hope of saving them.

# bailout - Saturday 26 July, 2014

From TheJournal.ie Angela Merkel’s ‘Dr No’ makes Ireland’s search for a bank debt deal much harder Nope Nope Nope

Angela Merkel’s ‘Dr No’ makes Ireland’s search for a bank debt deal much harder

Analysis: Dr Joachim Pfeiffer’s visit to Dublin this week was not a pleasant one for Enda Kenny.

# bailout - Friday 25 July, 2014

From TheJournal.ie Merkel ally: I told Enda Kenny that Ireland has no chance of a bank debt deal Nope Nope Nope

# bailout - Monday 23 June, 2014

From TheJournal.ie Central Bank Governor says another financial meltdown can’t be ruled out Getting Burnt This post contains videos

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.

# bailout - Thursday 19 June, 2014

Paying back the state is the ‘constant focus’ of AIB

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

From TheJournal.ie ‘We’re a normal country now’: Brendan Howlin said goodbye to the IMF’s man in Dublin today Seeya

‘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.

Mortgage arrears, the bailout and unemployment – who’d be a leaving cert economics student?

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

Does this man know how to fix the Eurozone?

A former advisor to Jose Manuel Barroso says the only way to save Europe is to change direction.

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.

# bailout - Monday 5 May, 2014

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.

# bailout - Friday 2 May, 2014

From TheJournal.ie Good news: Ireland passes first post-bailout review Bailout

Good news: Ireland passes first post-bailout review

The IMF had officials in Ireland, and they reckon we’re doing well.

# bailout - Friday 28 March, 2014

Cyprus was still imposing post-bailout cash withdrawal limits until today

The €300 limit was intended to prevent a run on the country’s banks.

# bailout - Thursday 27 March, 2014

From TheJournal.ie Ukraine rescued by IMF bailout Cash Strapped

Ukraine rescued by IMF bailout

The fund of up to €13 billion will avert bankruptcy amid Ukraine’s escalating standoff with Russia.

# bailout - Saturday 22 March, 2014

From TheJournal.ie ‘Ludicrous’: Pat ‘The Cope’ Gallagher dismisses Sinn Féin attack over Trichet letter vote Error

‘Ludicrous’: Pat ‘The Cope’ Gallagher dismisses Sinn Féin attack over Trichet letter vote

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

2008 Merrill Lynch report drastically undershot costs of bank rescue by €47bn

International expert firm was paid €7.3m for advice by Fianna Fail/Green government

# bailout - Wednesday 19 March, 2014

From TheJournal.ie Greece could get more cash after Troika agree next step in bailout programme IMF

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.

# bailout - Saturday 15 March, 2014

From TheJournal.ie 2010 ECB letter to Lenihan could finally be made public Bailout

2010 ECB letter to Lenihan could finally be made public

The European Parliament has voted in favour of a motion calling for the publishing of the letter.

# bailout - Friday 7 March, 2014

From TheJournal.ie Merkel on bank debt deal: ‘I have a positive outlook on the possible outcome’ Bank Debt

Merkel on bank debt deal: ‘I have a positive outlook on the possible outcome’

Having spent the morning at the EPP Congress, Merkel met with the Taoiseach and the Tánaiste at Government Buildings this afternoon.

From TheJournal.ie Bono: ‘The Irish people bailed the Irish people out’ EPP Congress This post contains videos

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.

# bailout - Tuesday 4 March, 2014

From TheJournal.ie Barroso: ‘The European Commission is one of Ireland’s best friends’ A FRIEND IN EU

Barroso: ‘The European Commission is one of Ireland’s best friends’

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

From TheJournal.ie ‘From Ballyhea to Brussels’: Anti-bailout campaigner launches MEP bid In It To Win It This post contains videos

‘From Ballyhea to Brussels’: Anti-bailout campaigner launches MEP bid

Diarmuid O’Flynn is calling for a debt write down for Ireland and the abolition of the euro.

# bailout - Sunday 2 March, 2014

From TheJournal.ie Column: On this day in the year 2020 – the Irish housing crisis Opinion

Column: On this day in the year 2020 – the Irish housing crisis

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

From TheJournal.ie Column: The Troika may be gone, but Ireland’s social problems remain People Of Ireland

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.

# bailout - Thursday 23 January, 2014

From TheJournal.ie ‘Many leave to get experience’ – Taoiseach talks emigration in Davos Davos

‘Many leave to get experience’ – Taoiseach talks emigration in Davos

Minister for Finance Michael Noonan said he can categorically deny that Irish banks would need a so-called ‘bail-in’.

Welcome to the club: Spain exits its bailout… with 26% unemployment

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

From TheJournal.ie Government makes case for retroactive recapitalisation to European committee Bailout

Government makes case for retroactive recapitalisation to European committee

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.

From TheJournal.ie The 9 at 9: Friday The 9 At 9

The 9 at 9: Friday

Good morning! Here are nine things you need to know as you start your day.

From TheJournal.ie Michael Noonan to discuss Troika exit with head of eurozone bailout fund Bank Debt Deal

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.

# bailout - Thursday 16 January, 2014

From TheJournal.ie ECB ‘held a gun’ to Government’s head over bailout Troika

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.

# bailout - Friday 10 January, 2014

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.

# bailout - Wednesday 8 January, 2014

Why the world’s saying ‘Ireland is back’

Following yesterday’s successful debt sale the world’s media is clamouring to say why we’re back in business.

# bailout - Friday 27 December, 2013

From TheJournal.ie The 30-year-old documents that unintentionally planned for Ireland’s IMF bailout Back To The Future This post contains images

The 30-year-old documents that unintentionally planned for Ireland’s IMF bailout

“The increase…would also increase the amount of IMF credit potentially available to Ireland should circumstances ever arise…”

# bailout - Friday 20 December, 2013

From TheJournal.ie ‘Ireland wasn’t a victim of the Euro, the Euro was a victim of Ireland’s banks’- Barroso Eurozone Crisis

‘Ireland wasn’t a victim of the Euro, the Euro was a victim of Ireland’s banks’- Barroso

The European Commission President didn’t mince his words last night.

# bailout - Thursday 19 December, 2013

From TheJournal.ie Paying unguaranteed bondholders was unfair, admits former IMF chief Burning Bondholders

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.

From TheJournal.ie The 9 at 9: Thursday 9 At 9

The 9 at 9: Thursday

Good morning! Here are nine things you want to know as you start your day.

Taxpayers will no longer pick up all of the tab for failed banks

The EU banking union framework has been agreed, meaning banks will bail themselves out.

# bailout - Wednesday 18 December, 2013

From TheJournal.ie Taoiseach briefs Dáil ahead of EU Summit tomorrow Talks

Taoiseach briefs Dáil ahead of EU Summit tomorrow

Enda Kenny is in Belgium tomorrow to attend the first EU Summit since Ireland’s exit of the bailout.

From TheJournal.ie Three former bankers charged with €7.2 billion fraud Courts This post contains images

Three former bankers charged with €7.2 billion fraud

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

From TheJournal.ie Job predictions “cold comfort” says McGrath Bailout Exit

Job predictions “cold comfort” says McGrath

The Fianna Fáil Finance spokesperson says he wants more detail on the government’s plans to grow the economy.

From TheJournal.ie Ibec predicts strong post-bailout growth and 50,000 jobs in 2014 Bailout Exit

Ibec predicts strong post-bailout growth and 50,000 jobs in 2014

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

From TheJournal.ie Column: This “Ireland as a success story” rhetoric is based on empty spin Opinion

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.

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