Measure would come on top of other multi-billion rescue packages
ESM
ESM notes ‘sustained’ Irish economic recovery
Paris set for battle over failure to meet deficit targets set by European Commission
Economics spokesman for Merkel’s party says ESM is ‘only for an emergency’
Senior German politicians dismiss hopes that bailout funds will recapitalise Irish banks
Draft Bill backing principle of ESM covering legacy debt goes to Bundestag for approval
Analysis: leaders now have to convince Bundestag backbenchers to back package
Jeroen Dijsselbloem says tapping ESM fund for Bank of Ireland and AIB ‘politically difficult’
Budgetary watchdog says the Government has no scope for cuts in taxation in upcoming October
Minister for Finance rules out any link between corporate tax rate and debt relief
Engineering company aims to use to cash to buy rivals
ESM and Nasdaq OMX target tech firms with access to funding in the US and Ireland
Pproposals circulating in Berlin do not foresee any element of retrospective recapitalisation
Germany, Finland and the Netherlands oppose use of fund for ‘legacy assets’
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