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#Bailout

# bailout - Wednesday 4 December, 2013

Government plans to mark bailout exit on Friday the 13th

There are no details as yet on what the government plans but it will be relatively low-key on a day considered unlucky for some.

# bailout - Sunday 1 December, 2013

Joan Burton: We are still going to be heavily overseen by the Troika

The Minister for Social Protection has told TheJournal.ie it will not be “return to boom time instantly” when the EU/IMF programme ends later this month.

# bailout - Tuesday 26 November, 2013

High Court dismisses TD's challenge to Anglo promissory note deal

Joan Collins TD had claimed that the deal was unconstitutional because it gave the Minister for Finance open ended power to approve the payments without Dáil approval.

# bailout - Friday 22 November, 2013

Decision on credit line will make it ‘more difficult’ to access future supports

A report published by the Irish Fiscal Advisory Council today has warned that the changes in Budget 2014 have removed our “margin of safety”.

Tough decisions ahead regardless of Troika involvement - Minister

Junior Minister Paschal Donohoe says that since we have now chosen to leave the bailout without a precautionary credit line, we must now keep borrowing rates low:

# bailout - Wednesday 20 November, 2013

Risk that high unemployment will become 'structural' in Ireland

The OECD is mainly upbeat on Ireland’s economic future but worries about stubbornly high unemployment.

# bailout - Tuesday 19 November, 2013

Guess who's getting closer to the end of their bailout too?

Portugal received its penultimate tranche in rescue loans today.

# bailout - Sunday 17 November, 2013

Mother Teresa and wild exaggeration: The week in quotes Say What? This post contains images

Mother Teresa and wild exaggeration: The week in quotes

“This country has gone wild with exaggeration.”

"We want an exit, but we want a sustainable exit" - McGrath calls for credit line

In response to the Fianna Fáil TD, the Communications Minister said that the Government had made “some pretty good shots”.

# bailout - Friday 15 November, 2013

Gilmore insists: Bailout exit without credit line was not for political reasons

The Tánaiste was speaking in London earlier today.

Officials to work out Kenny-Merkel deal on loans for 'real Irish economy'

Michael Noonan’s stressing it’s a ‘bilateral’ agreement and “not a European strategy”.

"Keeping a close watch": Troika will conduct six-monthly monitoring visits to Ireland

The president of the Eurogroup said there would be be ongoing twice-yearly checks, but stressed there would be “no measures, just surveillance”.

# bailout - Thursday 14 November, 2013

"We fully support Ireland's decision" - EU finance ministers

After a meeting in Brussels this evening the Eurogroup also announced that Spain would would not be requesting any further assistance when it exit its banking bailout.

‘This is the right decision for Ireland’: Taoiseach confirms bailout exit without credit line

Enda Kenny has told the Dáil that Ireland will not avail of a precautionary credit facility when it exits the bailout programme on 15 December.

"The purpose of the programme was actually to exit the programme" - Noonan

The Finance Minster says that Ireland’s decision not to take a post-bailout credit line was because this was a “benign” time. The Troika say Ireland is in a “strong position”.

FF: Bailout exit is 'absolutely' good news but we need a lifejacket for choppy waters

“We believe the country does need to have a lifejacket as we enter what could be potentially quite choppy waters over the next six or nine months,” Fianna Fáil’s finance spokesperson said today.

WATCH: Taoiseach confirms Ireland will exit bailout without credit line

“This is the right decision for Ireland, and now is the right time to take this decision.”

Taoiseach to inform the Dáil that Ireland will NOT take back-up credit line

Enda Kenny is expected to inform the Dáil that Ireland will NOT avail of a precautionary credit line when it exits the bailout next month.

# bailout - Wednesday 13 November, 2013

"I'm reflecting" - Still no decision on post-bailout credit line says Noonan

Minister Noonan addressed the Finance Committee on the agenda for the upcoming Economic and Financial Affairs Council meeting.

# bailout - Friday 8 November, 2013

Troika report card: 'Steadfast implementation' but watch for health and mortgages

Budget figures remain on track but “spending control must be maintained, in particular in the healthcare sector” say the EU, ECB and IMF.

# bailout - Thursday 7 November, 2013

The 5 at 5: Thursday

5 minutes, 5 stories, 5 o’clock…

Taoiseach: Credit for bailout exit goes to the people

“Today is historic in the sense that we’ve come through a very difficult period,” Enda Kenny said today.

The reviews are over but we may not leave for "a number of years" --- IMF Mission Chief

Ireland remains on track to exit the bailout following the final review, but the IMF says it has no immediate plans to withdraw its officials from Dublin.

After 12 reviews and at least a few "discordant words," Noonan and Howlin bid farewell to the troika

The Finance Minister described it as a “red letter day” while Howlin said that after years of intensive discussion, the bailout officials had steadily become “friends of Ireland”.

That's all folks: Troika wrap up their final visit to Ireland today

Ireland will become the first EU country to exit the bailout process on 15 December.

# bailout - Tuesday 5 November, 2013

Noonan: Decision on post-bailout credit line ‘finely balanced’

Minister Michael Noonan will travel to the Hague today to discuss Ireland’s bailout exit with Eurogroup President Jeroen Dijsselbloem.

# bailout - Sunday 3 November, 2013

Poll: Should Ireland accept a post-bailout credit line, just in case? Your Say This post contains a poll

Poll: Should Ireland accept a post-bailout credit line, just in case?

The IMF have suggested that this kind of safety net is needed, although the Irish government is hesitant.

The 9 at 9: Sunday

Good morning. Here are the nine stories you need to know as you kick off your day.

# bailout - Thursday 31 October, 2013

Backbench TDs would welcome the Troika back... as long as they're on their holidays

“They are quite satisfied that their job is done here in Ireland,” one Fine Gael backbencher said after a meeting with the Troika this morning.

# bailout - Tuesday 29 October, 2013

The 9 at 9: Tuesday

Good morning. Here are the nine stories you need to know as you kick off your day.

Troika to make their last review visit to Dublin today

Ireland is due to exit the EU/IMF bailout programme this December.

# bailout - Sunday 27 October, 2013

Damien Kiberd: If Enda wants cash from his EU mates, he needs to stop ticking the boxes

Taoiseach Kenny wrote a letter to 26 EU heads about their 2012 “commitment” to give Ireland special treatment – but they don’t care for wimpish reminders.

# bailout - Friday 25 October, 2013

Taoiseach expects decision on post-bailout credit facility before December exit

Enda Kenny was speaking at the end of the two-day European summit in Brussels today.

# bailout - Thursday 24 October, 2013

In full: Taoiseach tells EU leaders it 'remains imperative' to split bank and sovereign debt

Enda Kenny has written a letter to the president of the European Council and other EU leaders. Read it in full here.

# bailout - Wednesday 23 October, 2013

When Michael met Mario: Noonan in Frankfurt for bailout exit talks with ECB chief

Michael Noonan meets Mario Draghi for discussions on how Ireland will exit its international bailout programme on 15 December.

# bailout - Tuesday 22 October, 2013

Howlin: 'I wish this government hadn't come in when our economy was broken'

Meanwhile, the Tánaiste has said that the Budget cuts announced last week stand.

# bailout - Tuesday 15 October, 2013

Levy on banks of €150 million a year until 2016

Domestic banks will pay the levy totaling €150 million a year for the next three years with each bank to pay based on interest on thier deposits.

German Finance Minister: 'Ireland did what Ireland had to do. And now everything is fine' ESM

German Finance Minister: 'Ireland did what Ireland had to do. And now everything is fine'

Wolfgang Schaeuble said that that retroactive use of the the ESM to recapitalise Irish banks was not probable.

# bailout - Monday 14 October, 2013

Eurozone finance ministers meet today as Ireland looks to December's bailout exit

With Ireland set to exit the Troika programme on 15 December, the question now is whether we’ll need a precautionary credit facility to ease it back into normal lending markets.

# bailout - Saturday 12 October, 2013

In full: Taoiseach Enda Kenny’s speech to the Fine Gael national conference

Read Kenny’s speech in full here.