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Dublin: 11 °C Saturday 18 May, 2013

Debt

# debt - Sunday 4 March, 2012

From TheJournal.ie Referendum

Howlin says a ‘better deal on debt’ would improve voting atmosphere

The Minister for Public Expenditure and Reform said the Government is continuing to work for a better deal.

# debt - Friday 2 March, 2012

Exchequer figures show deficit and tax revenue rise

The deficit rose slightly in the first two months of this year when compared to figures for the same period in 2011.

From TheJournal.ie Referendum

Declan Ganley: I’ll join either Yes or No campaign for referendum

The Libertas founder said he would be choosing which side to campaign for based on the actions of EU leaders.

# debt - Friday 24 February, 2012

From TheJournal.ie Economy

ESRI: Austerity is working – and there are few other alternatives

In a report published today, the think-tank forecast that Ireland’s economy will grow by 0.9 per cent this year.

# debt - Wednesday 22 February, 2012

From TheJournal.ie State Assets

‘It makes no economic sense’: Sale of state assets criticised by opposition

Sinn Féin and Fianna Fáil have both criticised the government’s announcement on the sale of State assets today.

Fitch: ‘Highly likely’ that Greece will default soon

The ratings agency has downgraded Greece just one day after EU leaders agreed on a €130 billion bailout deal for the country.

# debt - Tuesday 21 February, 2012

From TheJournal.ie Bailout

Eurozone agrees on new €130 billion bailout deal for Greece

The second bailout will avoid the risk of a Greek default next month and contains strict rules for Greece to control its finances.

# debt - Friday 17 February, 2012

From TheJournal.ie Daily Fix This post contains videos

The Daily Fix: Friday

In the Fix tonight: Eircom Studyhub hacked; unvouched expenses; and Chris O’Dowd v Miss Piggy…

# debt - Thursday 16 February, 2012

Greek debt deal ‘not enough’ to save country – diplomat

Even with a huge writedown Greece’s debts would still be above the acceptable level, a European diplomat has said.

# debt - Wednesday 15 February, 2012

From TheJournal.ie Daily Fix This post contains videos

Daily Fix: Wednesday

In today’s Fix: household charge campaign; health service ‘reduction’; and the best way to get onto a crowded bus…

From TheJournal.ie Promissory Notes

“The time for burning bondholders is gone”: economists address promissory notes

Oireachtas Committee for Finance has heard that Ireland should cancel or defer the repayment of promissory notes.

# debt - Tuesday 14 February, 2012

14th EU-China Summit to focus on ‘strengthening cooperation’

Eurozone debt, carbon charges and EU’s embargo on Iranian oil are all expected to be discussed during the summit.

Moody’s downgrades six European countries – and warns of more to come

France and the UK were both warned that they could lose their coveted AAA credit rating.

# debt - Sunday 12 February, 2012

Merkel and Sarkozy ‘allowed to hijack’ eurozone policy-making, says Anglo chairman

Alan Dukes, chairman of the bank formerly known as Anglo, also said Enda was ‘unwise’ with some pre-election promises.

# debt - Friday 10 February, 2012

From TheJournal.ie NAMA

Nama to claw back €500million in assets

The agency expects to recover assets which debtors tried to put beyond its reach, its chairman Frank Daly has said.

# debt - Wednesday 8 February, 2012

From The Score Family Feud

‘My parents screwed me for €45m’ – Arantxa Sanchez-Vicario

The former tennis star has accused her mother and father of leaving her penniless in a new book.

Central Banker to present personal debt stats to Oireachtas committee

Statistician Joe McNeill is due to give the Committee on Finance an overview of non-mortgage personal debt in Ireland later today.

# debt - Tuesday 7 February, 2012

From TheJournal.ie UCD

UCD students fail in bid to overturn sacking of students’ union staff

UCD Students’ Union had closed a photocopying centre, saying it could not sustain its losses after the union fell €1m into debt.

Leaders still struggling to find a deal for Greece as 15,000 jobs cut from civil service

The three coalition parties continue talks today after missing yet another deadline yesterday.

# debt - Wednesday 1 February, 2012

Column: Don’t know how to deal with banks? Get to know the code

Many SME owners feel powerless in the face of banks, writes George Mordaunt, but if they educate themselves with the revised code of conduct they might find the breathing space they need.

# debt - Wednesday 25 January, 2012

From TheJournal.ie Opinion

Column: Here’s who the Anglo payment may have gone to – and it’s not pretty

There are financial funds which profiteer from troubled nations’ debt – and Ireland has already caught their eye, writes Fergal Browne.

From The Score Political Football

Sort it out: Europe’s top clubs warned on rising debts

UEFA officials call newly-released debt figures a ‘wake-up call’ for the continent’s elite clubs.

From TheJournal.ie Opinion

Column: Today, we’ll pay €1.25billion to bondholders. This must be stopped

With the country in dire straits, we’re handing the equivalent of Ireland’s entire primary school budget to bondholders. This must end, writes Andy Storey.

From TheJournal.ie SOTU This post contains videos

Watch: Obama calls for a fairer economy in State of the Union address

The US president called for higher taxes on the wealthy in a speech which has set the tone for his re-election battle in the autumn.

# debt - Sunday 22 January, 2012

From The Daily Edge Unexpected This post contains images

Katie Price urges closer EU fiscal union but warns against quantitative easing

The glamour model said that her Twitter account had not been hacked as she gave her take on world economic affairs this afternoon.

# debt - Monday 16 January, 2012

From The Daily Edge Blue Monday This post contains a poll

Is today the most depressing day of the year?

You may be told that there’s a scientific formula declaring today, January 16, to be the most depressing. Is it true?

# debt - Thursday 5 January, 2012

From TheJournal.ie Opinion

Column: Ireland faces a decade of austerity – so let’s not waste it

Economists tell us we’ve got ten years of financial difficulty – so do we want to buckle under, or use this opportunity to reshape Ireland? Aaron McKenna writes.

# debt - Tuesday 3 January, 2012

From TheJournal.ie Economy

Ireland faces austerity ‘for as long as anyone can look forward’

Economist Joe Durkan has warned austerity will not end with the bailout deal in 2015 – and rejected criticisms of the ESRI.

Five companies a day went out of business in 2011

The firms left unpaid debts of €1.2billion, which it’s feared could further hit economic recovery.

# debt - Thursday 29 December, 2011

From TheJournal.ie Worries

Irish people worried about money and their jobs in the year ahead – survey

Almost half of people are worried about losing their jobs or having difficulty finding work in 2012 according to a Samaritans’ survey.

# debt - Wednesday 28 December, 2011

Stocks slide over signs of jitters at European banks

European banks deposited a record €412 billion with the ECB overnight – showing that banks are worried about loaning money to each other.

# debt - Saturday 24 December, 2011

Column: Your bank, your debt or your mental health – which will crack first?

SME owner George Mordaunt says banking staff should be trained to deal with stressed out and indebted customers who feel under attack and at the end of their tether.

# debt - Friday 23 December, 2011

Eircom shareholders resign from boards over rejection of debt deal

ST Telemedia, the largest shareholder in Eircom, says its directors have resigned after its creditors rejected a debt plan.

# debt - Monday 19 December, 2011

From TheJournal.ie Debt Deal

Better deal for Ireland if we pass EU referendum? Government says maybe…

Tánaiste Eamon Gilmore also said it is “too early” to make a call about whether a referendum will be necessary on the EU budget deal.

From TheJournal.ie 9 At 9

The 9 at 9: Monday

Nine things to know this morning…

# debt - Friday 16 December, 2011

Moody’s downgrades Belgium’s debt by 2 notches

Moody’s already rates Ireland’s bonds as junk – but now says that that outlook for Belgium is “negative”.

From TheJournal.ie Euro

UK to play observer role in fiscal union negotiations

The UK is to “engage constructively” with other European countries over plans to create a greater fiscal union within the EU – despite its decision not to take part in the agreement itself.

# debt - Saturday 10 December, 2011

Financial transactions tax would be bad for Ireland – FF

Fianna Fáil’s finance spokesperson has warned that jobs could be at risk if Ireland had to adopt the tax while Britain opts out.

# debt - Sunday 4 December, 2011

This Friday could be one of the biggest days in European history – here’s why

EU leaders are due to meet in Brussels for a summit that could be make-or-break for the euro.

# debt - Tuesday 29 November, 2011

Italy pays nearly 8 per cent for three-year bonds

Italy faces its highest cost of borrowing ever, raising €3.5bn through the sale of three-year bonds at rates of 7.9 per cent.