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The 5 at 5: Friday

5 minutes, 5 stories, 5 o’clock…

This five picture combo shows a building collapsing in a cloud of dust and water while being imploded today, in Porto, Portugal. (Image: Paulo Duarte/AP/Press Association Images)

EVERY WEEKDAY EVENING, TheJournal.ie brings you the five stories you need to know before you head out the door.

1. #BAILOUT: The Eurozone’s finance ministers have agreed to extend the payment dates of Ireland’s European bailout loans. The Eurogroup, meeting in Dublin Castle this morning, agreed to extend the maturities of Ireland’s loans from the EFSF and EFSM bailout funds by an average of seven years.

2. #CROKE PARK II: Members of the Technical, Electrical and Engineering Union (TEEU) have voted against the Croke Park Agreement. Nearly two-thirds of members rejected the proposals (65.6 per cent). A final decision from public workers on whether to back the proposals is likely to be made next week.

3. #RYANAIR: Unions and politicians in Norway have called for a boycott of Ryanair, as two former stewards plan to sue the Irish carrier for unfair dismissal and breaching labour laws. Ryanair boss Michael O’Leary has rejected accusations that his low-cost airline treated its employees like slaves, as Norwegian prime minister Jens Stoltenberg said he would never travel with the no-frills airline again.

4. #JOBS: Games company EA have announced that they are cutting a number of jobs at its customer service centre in Galway. While a spokesperson for the company would not disclose the number of jobs that would be lost, TheJournal.ie understands it is just less than 20. The news comes after the company declared last year that it would create 300 new positions in the expansion of its presence in the county.

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5. #MORTGAGE ARREARS: A report by the Money Advice and Budgeting Service (MABS) has found the clients in mortgage difficulty are primarily households with children, located in urban areas and headed up by people between the ages of 45 and 65. The report also uncovered that over a third of all MABS clients with mortgages were living in Dublin, Cork or Galway.

About the author:

Paul Hyland

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