Bailed-out Ireland is to contribute an additional €90 million to the European Union to help plug a shortfall in its 2013 budget. Ludicrous? Yes – but it’s hardly a blip on the radar of incongruity that is the EU’s funny money parade, writes Aaron McKenna.
There’s a crisis in the buy-to-let sector due to landlords falling into mortgage arrears and innocent tenants are getting caught in the chaos. Receivers have to realise people renting properties are not commodities, writes Bod Jordan.
Senior Bank of Cyprus official Mario Skandalis confirmed the figures, although he said they had not been finalised and a final announcement was expected by Monday.
In 2012 there were a total 8,135 complaints made to the Financial Services Ombudsman. While we should be able to name and shame badly behaving banks, consumers should also be concerned about the performance of this office, writes Ronan Coburn.
The bank says it will soon reimburse money borrowed in exceptional ECB long-term lending operations, owing to improvements in the credit markets and its own cash position.
Peter Oakes, who set up the new enforcement department at the Central Bank when he joined in October 2010, said he is leaving to pursue other interests.
“As austerity bites to the knuckle, soup kitchens spring up around the country and children are sent to school hungry. It just seems so terribly wrong.”
The jobs will be cut in a move to boost efficiency, as Citi focuses on 150 cities worldwide that have the highest growth potential in consumer banking.
FRANCE HAS BECOME the 14th country to legalise same-sex marriage after President Francois Hollande signed the measure into law today following months of bitter political debate.
In Ireland last month, 79 per cent of delegates at the Constitutional Convention voted in favour of same-sex marriage but the Government will hold off on a referendum until next year despite the overwhelming support.
It comes two years after the legalisation of Civil Partnership.
Is another year too long for a referendum on gay marriage? Or, are you opposed to the idea entirely?
So today, we want to know what do you think. Would you welcome the legalisation of same-sex marriage in Ireland today, similar to France?
Cloudy, rain and drizzle in the p.m.
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Partly sunny
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Nice with periods of clouds and sunshine
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