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Tánaiste: 'There was a bailout of the banks 12 years ago'
There have been calls for the Taoiseach to correct the Dáil record over his statements.
Your contributions will help us continue to deliver the stories that are important to you
There have been calls for the Taoiseach to correct the Dáil record over his statements.
The Taoiseach has suggested that the bank guarantee was an investment.
The rainy day fund will be supplemented with an annual €500 million from the Exchequer, starting this year.
Cillian Doyle reveals how Ireland’s shadow banking sector hid massive losses, triggering one of the most costly bank bailouts in Russian history.
Labour leader Brendan Howlin said that the Irish people “sacrificed so much to protect our banking system”.
The bank was nationalised following the global banking crisis in 2008.
The state-owned bank has announced its replacement CEO.
The bank is about to go on a fundraising drive.
But the government insists it will be able to pay its debts on time.
The bank wants to raise €525 million from private investors and most of that will go to the government.
And Michael Noonan is planning a sale.
But only the money that was put into AIB, Bank of Ireland and ptsb. Not Anglo.
This was the week in business.
The outspoken celebrity has used his latest YouTube video to speak against Irish Water.
The bank’s boss said its lending costs were still higher than those of bigger competitors.
Everybody’s talking about Enda Kenny’s ‘McNulty-gate’ apology, Helen O’Driscoll, and new bank bailout developments.
And even more cash could come from IBRC if it sells off the rest of its loan portfolio.
These are the full documents prepared for the Department of Finance and the National Treasury Management Agency at the height of the crisis.
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.
The bank’s CEO David Duffy said that no investigations had happened during his tenure and that discussing past directors would be “therapeutic but unfair”.
The 27 EU ministers will meet again Wednesday to try and finalise a decision.
Michael Noonan has explained the significance of last night’s agreement between eurozone finance ministers about the potential retrospective recapitalisation of Ireland’s banks.
Bank of Ireland’s annual report reveals a minor pay increase for Richie Boucher, despite pre-tax losses of €2.17 billion.
After a string of tribunals, political scandals and economic catastrophes, reports of Fianna Fail’s death were greatly exaggerated – but why? asks Maura Adshead.
Looking to the year ahead, its chief executive, Richie Boucher, said that “taxpayers are very much in the money with regard to Bank of Ireland.”
Fine Gael TD Mathews attended the Ballyhea/Charleville anti-bank bailout protest meeting at the weekend.
Brian Hayes said that outlining Ireland’s negotiating position in public would not be “very clever from the country’s perspective.
The Government’s method of pressuring EU leaders isn’t working, writes Fergus O’Connell. So here’s a suggestion…
5 minutes, 5 stories, 5 o’clock…
The Central Bank governor Patrick Honohan has said that he is confident that the government will “get a lot” from its negotiations aimed at reducing the bank debt.
The German and French leaders will discuss the possibility of extending the time limit on the Greek bailout before meetings with Greece’s prime minister tomorrow and Saturday.
The move had been widely expected given the government owns nearly all of the bank.
The UK is considering creating ‘people’s banks’ by distributing shares in certain banks to members of the public.
Former trader Nick Leeson says lessons never seem to be learned by regulators – but we should focus on some suggestions from the British Chancellor to ensure history doesn’t repeat itself.
A report says that Brian Lenihan knew of a visit to Libya to secure funding for troubled Irish banks.
Was postponing any further bank recapitalisations a prudent political move brought about by Fine Gael pressure, or an epic Fianna Fáil masterstroke?
The rating agency says the EU/IMF loan averted an even deeper downgrade.
International commentators invoke a raft of dire imagery – from bodies flung off skyscrapers to a children’s story book – to describe the economy’s downward trajectory.
Wonder where our billions are going? Here’s a breakdown of the bailout.
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