13 results

Joachim Pfeiffer: said of Ireland “there were bubbles in the real estate sector, there were bubbles in the banking sector and all of this was home-made”.Photograph: Maxwell’s

Ireland has “no chance” of securing a deal on its legacy bank debt, one of the most influential figures in German politics has told The Irish Times.J(...)

Carsten Schneider: the SPD  finance spokesman said any move to recapitalise Irish banks would require all ESM member states to approve additional funding for the purpose. “That will never happen,” he said. Photograph:  Thomas Koehler/Getty Images

Senior Bundestag figures in Berlin have said the ESM bailout fund’s new power to recapitalise banks – in the future and retroactively – is a political(...)

Minister for Finance  Michael Noonan with Klaus Regling, from Germany, Managing Director of the European Stability Mechanism (ESM) prior to the eurogroup finance ministers meeting  in Luxembourg. Photograph: Nicolas Bouvy/EPA

Eurogroup president Jeroen Dijsselbloem has played down the possibility that Ireland may be granted debt relief for Bank of Ireland and AIB by the Eur(...)

Speaking in Brussels yesterday, a senior euro zone official said retroactivity was not envisaged in the scope of the European Stability Mechanism’s direct bank recapitalisation instrument being finalised. Photograph: Getty Images/iStockphoto

Minister for Finance Michael Noonan will continue to press the case for direct recapitalisation of Bank of Ireland and AIB when euro zone finance mini(...)

Professor John McHale, Chairman of , Irish Fiscal Advisory Council: stressed that significant uncertainties remain for the economy, primarily because of the high levels of private debt and the uneven pace of recovery abroad. Photograph: Dara Mac Dónaill / The Irish Times

The Government would be “unwise” to contemplate a budget adjustment of less than €2 billion given the uncertainties still surrounding Ireland’s eco(...)

Bruce Aust, executive vice-president of the global corporate client group at Nasdaq OMX, pictured with Taoiseach Enda Kenny at the Dublin Web Summit yesterday. Photograph: Colin Keegan/Collins Dublin

Irish companies will be able to gain dual access to the Irish Stock Exchange’s development market and in the United States on electronic exchange Nasd(...)

Angela Merkel: she and European Commission president José Manuel Barroso discussed the Berlin-Brussels standoff during his visit to Berlin this week

Germany has indicated that senior bondholders could be tapped in future wind-downs of euro zone banks, putting it at odds with bank-resolution proposa(...)

Members of Germany’s Social Democratic Party (SPD) arrive for preliminary coalition talks with Germany’s conservative (CDU/CSU) parties at the Parliamentary Society in Berlin today. Photograph: Reuters

Germany’s Social Democrats (SPD) have vowed to put Ireland’s corporate tax rate and its opposition to an EU financial transaction tax onto the agenda (...)

Leading members of the German Christian Democrats (CDU), including Chancellor Angela Merkel andHorst Seehofer (right of Merkel), chairman of the bavrian Christian Democrats (CSU), arrive for talks over a possible government coalition with the German Greens Party yesterday in Berlin. Photograph: Sean Gallup/Getty Images.

Ireland’s corporate tax regime and the Government’s claim for further bank aid from Europe has been sucked into talks on the formation of the next Ge(...)

It is a year ago – June 29th, 2012 – since the euro area summit which agreed that “the Eurogroup will examine the situation of the Irish financial sec(...)

  • 1
  • 2
  • Next
  • Last »