Minister for Finance Michael Noonan (right) arrives at Centro Congressi MIco in Milan. Photograph: .Matteo Bazzi/EPA

Ireland has won the backing of the euro group of euro zone finance ministers for its bid to repay the IMF portion of its bailout loans early. At a mee(...)

Mr Kenny said that if the EU and ECB approve and authorise Ireland’s request to rearrange IMF loans, the State could save €1.5 billion over the next five years

Taoiseach Enda Kenny has said an application for recapitalisation for retroactive direct bank recapitalisation from the ESM fund is “still on the tabl(...)

International Monetary Fund managing director Christine Lagarde. The IMF has said Ireland can repay back its loans early without any penalty. Photo: Reuters

The International Monetary Fund has said Ireland can repay its bailout loans early without penalty. In a letter to Fianna Fáil finance spokesman Micha(...)

International Monetary Fund managing director Christine Lagarde: her organisation says pressure needs to be maintained on the banks to resolve non-performing loans. Photograph: Reuters/Andrew Cowie

Ireland’s economic recovery is broadening but pressure needs to be maintained on the banks to resolve non-performing loans and restore lending capaci(...)

Craig Beaumont: the reports main author says the IMF still thinks stronger economies in the euro zone should give Ireland support  with its banks. Photograph: David Sleator

If the IMF is the doctor, and Ireland the rather sicklypatient, yesterday’s monitoring report can be seen as the latest entry on the chart on the end (...)

There has been much chatter of late about how it might make sense for the social partnership process to be revived to keep a lid on wage increases as (...)

Craig Beaumont, head of the International Monetary Fund’s Irish mission: told a conference that wages had been flat in Ireland for some years but it would be unfortunate if they were to pick up when unemployment was still high. Photograph: David Sleator

Getting people back to work must take priority over increasing the wages of those already in jobs, the head of the International Monetary Fund’s Irish(...)

Craig Beaumont, Irish IMF mission chief, acknowledged it would be “difficult” to attract private funding for a pooling structure at sufficiently low rates, adding that “there is an obvious role for European support” on the issue.Photograph: Mark Stedman/Photocall Ireland

The Government has explored pooling loss-making tracker mortgages in state-guaranteed asset-backed security structures “for repurchase with various(...)

IMF mission chief for Ireland  Craig Beaumont: “The most important challenge we see coming out of this programme is the high level of unemployment.” Photograph: Mark Stedman/Photocall Ireland

High unemployment is the biggest challenge facing Ireland as it prepares to exit the EU-IMF troika bailout programme next month, according to the fund(...)

Permanent TSB chief executive Jeremy Masding: said he expected the “good bank” part of the financial institution to make a profit in 2014.

Permanent TSB is likely to sell its €6.9 billion UK residential mortgage book – comprising mostly buy-to-let loans – in tranches over a period begin(...)