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Ireland 13/10/2011

06:30 : Statement re FPS Ocean - For immediate release: 13th October 2011 THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE REPUBLIC OF IRELAND, THE REPUBLIC ...
04:02 : IBEC calls for action from Government - THE Government needs to harness the consumer foods sector and allow it to compliment the primary food industry in order to help drive economic growth, according to a new report from IBEC. Speaking at the launch of the 'Consumer Foods: Feeding the Recovery' ...
Source : independent-ie

Ireland 12/10/2011

11:36 : Ireland says banks have enough capital for new rules - DUBLIN, Oct 12 (Reuters) - Ireland's banks are capitalised to fulfil the new rules European authorities are coming forward with, Finance Minister Michael Noonan said on Wednesday.
Source : reuters-com

Ireland 11/10/2011

13:13 : Debenhams to recruit 680 staff - Debenhams, the British department store, is seeking to recruit 680 temporary staff to work in its 11 shops in the Republic and five in Northern Ireland in the run up to Christmas.
Source : irishtimes-com
12:19 : Moody's downgrades Bank of Ireland UK - DUBLIN (Reuters) - Credit agency Moody's on Tuesday cut the deposit rating on Bank of Ireland's UK operations on falling expectations that the British government would provide support if it encountered trouble.
Source : reuters-com

Ireland 10/10/2011

16:27 : Government faces 'unpopular choices' - Ireland must maintain momentum in making cuts in public expenditure, and the Government is facing "unpopular choices" to reach its deficit targets, economists said today.
Source : irishtimes-com
11:19 : Is Ireland the ‘Wild West’ of Ucits' - Ireland has quickly established itself as a major base for Ucits funds, although there is some debate as to whether its growth is because it is able to innovate or because it is a ‘soft touch’.
Source : citywire-co-uk

Ireland 09/10/2011

07:55 : IDA gave €61m grants to firms who have since left the country - ABOUT €1 out of every €15 in grants paid by the Industrial Development Authority (IDA) to foreign-owned companies over the last 10 years has gone to businesses that have since pulled out of Ireland.
Source : independent-ie
07:55 : Food tycoon dismisses Gallagher's Aras run - IRELAND needs an "entrepreneurial czar" as president, according to multimillionaire businessman Dr Pearse Lyons, the founder of animal food and health firm Alltech.
Source : independent-ie

Ireland 08/10/2011

22:37 : Europe eyes buoying banks to weather debt storm - DUBLIN/FRANKFURT (Reuters) - European banks may need more than 100 billion euros to withstand the sovereign debt crisis, Ireland estimated Saturday ahead of a meeting between German Chancellor Angela Merkel and French President Nicolas ...
Source : reuters-com
16:29 : WRAPUP 1-Europe eyes bolstering banks ahead of debt storm - DUBLIN/FRANKFURT, Oct 8 (Reuters) - European banks may need more than 100 billion euros ($135 billion) to withstand the sovereign debt crisis, Ireland estimated on Saturday ahead of a meeting between German Chancellor Angela Merkel and ...
Source : reuters-com
14:00 : Ireland to look at cutting commercial stamp duty - DUBLIN, Oct 8 (Reuters) - Ireland will look at the merits of cutting the 6 percent rate of stamp duty on commercial property sales in the 2012 budget, the country's finance minister said on Saturday.
Source : reuters-com
13:08 : European bank bill well over 100 billion euros - Ireland - DUBLIN (Reuters) - There is general agreement that European banks will need fresh capital well in excess of 100 billion euros (86 billion pounds) and it will likely come from a variety of sources, including the euro zone rescue fund, Ireland's ...
Source : reuters-com
11:38 : European bank bill well over 100 bln euros:Ireland - DUBLIN, Oct 8 (Reuters) - There is general agreement that European banks will need fresh capital well in excess of 100 billion euros and it will likely come from a variety of sources, including the euro zone rescue fund, Ireland's finance ...
Source : reuters-com
04:09 : Irish largesse story on welfare makes headlines in the US - An influential US investor's newsletter, read by a large number of American traders, has expressed amazement at recent reports that one family in Ireland is receiving almost €90,000 a year in welfare payments.
Source : independent-ie

Ireland 07/10/2011

04:53 : NAMA chief gives North loans update - NAMA chairman Frank Daly yesterday updated a Northern Ireland Chamber of Commerce lunch in Belfast on the progress at NAMA over the past 12 months and outlined the extent of the agency's Northern Ireland loan portfolio. Loans ...
Source : independent-ie
04:46 : Trichet defends his record of helping out Ireland - ECB president Jean-Claude Trichet yesterday gave his final defence of the ECB's intervention in the Irish crisis, insisting the bank has been "extraordinarily forthcoming" in its assistance to Ireland.
Source : independent-ie
04:24 : Value of State's stake in banks falls by €10bn - THE value of the State's investments in AIB and Bank of Ireland has plunged by €10.1bn, the National Treasury Management Agency (NTMA) has revealed -- with AIB the main cause of the decline.
Source : independent-ie
04:24 : Ireland 'faces higher rate of interest' if it returns to the bond markets - If Ireland manages to re-enter the bond market, it will end up paying interest rates far in excess of what it is currently charged by international lenders, NTMA chief John Corrigan has admitted.
Source : independent-ie

Ireland 06/10/2011

12:28 : 'Ireland well placed' - NTMA head - John Corrigan, the chief executive of the National Treasury Management Agency, said investors "mostly" believed that Ireland was the best positioned among Europe's periphery nations.
Source : irishtimes-com
11:41 : Bourses gain on debt-crisis moves - SHARES in Ireland and elsewhere in Europe advanced for the first time in four days amid speculation policy makers are examining measures to shield banks from the region's sovereign-debt crisis.
Source : independent-ie
10:44 : Revenue down but worst over for Ireland, says Tesco chief - IRELAND is past the worst of the economic crisis, the head of Tesco's Irish operation said yesterday, as the retailer reported a dip in revenue here but a surge in online business.
Source : independent-ie
04:59 : Carphone name s new China chief APPOINTMENTS - CARPHONE Warehouse Ireland chief executive Stephen Mackarel has been appointed chief operating officer of the company in China. He will remain on the board of the Irish business as a non-executive director. ...
Source : independent-ie
04:45 : City student complex is among assets still owned by McNamaras - DEVELOPER Bernard McNamara and wife Moira have retained ownership of a student accommodation business with the Royal College of Surgeons Ireland (RSCI) despite most of the developer's other businesses going into receivership via NAMA.
Source : independent-ie

Ireland 05/10/2011

16:01 : Construction workers to get €35m EU aid - Construction workers in Ireland affected by the recession may get more than €35 million from the European Commission's globalisation adjustment fund to help get them back to work.
Source : irishtimes-com
07:14 : PRESS DIGEST - Ireland - Oct 5 - DUBLIN, Oct 5 (Reuters) - These are some of the leading stories in Ireland's newspapers on Wednesday. Reuters has not verified these stories and cannot vouch for their accuracy:
Source : reuters-com

Ireland 04/10/2011

17:39 : UK's priciest country house joins NAMA property list - DUBLIN, Oct 4 (Reuters) - Ireland's "bad bank" put the self-styled most expensive country house in the UK on its list of properties under receivership on Tuesday, adding it to a collection that includes agricultural land in the south of Ireland ...
Source : reuters-com
09:52 : Noonan confident Greek setback won't hit Ireland - GREECE'S failure to hit targets imposed by the international authorities will have "no cross-over effects" for Ireland's bailout programme, Finance Minister Michael Noonan said last night.
Source : independent-ie
09:52 : AIB, BoI tell Elderfield to back off over SME penalty interest - AIB AND Bank of Ireland have made it clear they will continue charging thousands of small businesses penalty interest and account surcharges despite plans by the financial regulator Matthew Elderfield to curb the practice.
Source : independent-ie

Ireland 03/10/2011

03:59 : Crisis investors: helping people, or Gordon Gekko? - TRY to reserve a table in any of Dublin's top restaurants these days and you'll be promptly told that there is no room at the inn. Some of the capital's finest hotels and restaurants are packed almost every night with investors who have flown in from ...
Source : independent-ie
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