The government has failed to secure any acceptable bids for the sale of Bord Gais Energy . Just in case you hadn’t noticed – the government were hoping to sell off the retail arm of Bord Gais to help get some funds to help us get out of the financial mess. More Here . It […]
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Bailout
Anglo Irish Tapes – No Action To Be Taken
Back in June 2013 some taped phone calls between staff at Anglo Irish Bank were “leaked” by the Irish Independent. See Here The conversations suggest that the Financial Regulator was misled by staff at Anglo Irish This week it appears no action will be taken because the Central Bank have stated it “does not intend, […]
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Troika Say Still More to be done in Ireland
The EC, ECB and IMF (aka. The Troika) carried out their 11th Review Mission to Ireland recently. Overall the media seem to be reporting that Ireland “passed the bailout review” – but there are still several areas where the Troika have concerns. The statement published on the IMF website mentions that “Recent national accounts data […]
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State Savings Interest Rates Reduced
Most of the state savings products offered by the NTMA (National Treasury Management Agency) have had their interest rates reduced this week. The lower rates only apply to new purchases made from June 3rd . If you already hold Savings Bonds, Savings Certificates, Instalment Savings or National Solidarity Bonds – your interest rate will not […]
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EU Finance Ministers in Dublin
European finance ministers have arrived at Dublin Castle this morning for the start of one and a half days of informal meetings of the Ecofin group. The finance ministers are expected to talk about the fallout from the Cyprus bailout which saw bank deposits targeted for the first time. Other topics for discussion include The […]
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