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Nine things to know by 9am: Eurozone ministers prepare for crunch summit, former NI secretary’s computer may have been hacked, two more years of Trap, and Playboy sued for sexual discrimination… by men
Following a 10-day assessment of Ireland’s rescue package, the European Central Bank, European Commission and International Monetary Fund remain upbeat on the economy’s future.
The head of the IMF mission to Ireland Ajai Chopra says Europe needs to develop a “comprehensive” solution to the debt crisis affecting the entire bloc.
The IMF is blaming the government and low quality financial institutions for failing to legislate to avoid disaster. The organisation will meet on Monday to discuss Ireland’s situation.
In today’s Fix: EBS joins banks in posting major losses; computers being programmed to ‘feel’ regret; and interesting interpretations of skyscraper design.
The so-called troika partners of the EC, ECB and IMF gave a press conference in Dublin this afternoon where they endorsed the Irish government’s programme.
Nine things you need to know by 9am: A hoax text message spreads panic in Asia, the Taoiseach and Tanaiste head to the USA for Saint Patrick’s Day and how happy twits flock together.
IMF delegates filter into the country for rescue package talks – but the government insists it will not bow to pressure to reduce the corporation tax rate.
THIS WEEK, IRELAND’S main political parties are expected to give more specific details of their plans on taxes and public spending if they form the next government.
It’ll come the same week as world leaders and influential heads of business descend on the Swiss resort of Davos for the annual World Economic Forum.
Ahead of the summit, Oxfam has reported figures which show that the world’s 2,153 billionaires own more wealth than the 4.6 billion poorest people who make up 60% of the world’s population.
The charity has called for governments to crack down on tax loopholes and to create fairer fiscal systems to allow for greater investment on public services.
One proposal would be to bring in a 0.5% wealth tax on the 1% of the State’s highest earners, which it’s estimated could add around €2 billion a year to the Irish economy.
But what do you think? Should the next Government introduce a wealth tax?
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IMF tells Europe: 'Deliver on your promises or Ireland is at risk'
The head of the IMF’s mission to Ireland says selling a share in the banks to the ESM is a good idea for everybody.
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