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#Bank Recapitalisation

# bank-recapitalisation - Friday 15 August, 2014

Was it legal? High Court refers PTSB bail-out case to Europe

The High Court could not rule on whether the move was legal.

# bank-recapitalisation - Thursday 3 July, 2014

Noonan: Dara Calleary "is like an arsonist blaming the fire brigade"

The Finance Minister was accused of failing to deliver a deal on bank recapitalisation.

# bank-recapitalisation - Friday 21 June, 2013

Noonan: Taxpayers put lots of money into BOI and AIB, now we could get some back

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-recapitalisation - Wednesday 3 October, 2012

AIB to increase mortgage interest rates by 0.5pc

AIB’s move, coming a week after Bank of Ireland, adds €56.50 per month to a 25-year mortgage worth €250,000.

# bank-recapitalisation - Thursday 27 September, 2012

Ireland spent €25 billion more than it took in last year

The annual report from the Comptroller & Auditor General says State spending reached an all-time high in 2011.

# bank-recapitalisation - Tuesday 4 September, 2012

Infographic: How much have the Irish put into their banks?

As this image reveals, quite a bit.

# bank-recapitalisation - Wednesday 9 May, 2012

Honohan's call for direct recapitalisation of banks is '€64bn too late' - SF

Sinn Féin has welcomed a call from the governor of the Central Bank for distressed banks to be directly recapitalised from EU funds.

# bank-recapitalisation - Tuesday 8 May, 2012

Honohan calls for EU-wide 'banking union'

The Central Bank governor also said Irish banks should be recapitalised with EU funds – and without running up our national debt.

# bank-recapitalisation - Thursday 8 March, 2012

AIB confirms plan to seek 2,500 voluntary redundancies AIB

AIB confirms plan to seek 2,500 voluntary redundancies

The 99.8 per cent state-owned bank will seek the redundancies as part of plans to reduce its staff costs by €170 million per year.

# bank-recapitalisation - Saturday 3 March, 2012

AIB still paying millions for staff gym and golf club fees Exclusive

The bank – which is 99.8 per cent owned by the taxpayer – still pays fees for thousands of staff, despite a State ban on bonuses.

# bank-recapitalisation - Wednesday 18 January, 2012

Noonan assures German bankers: 'Ireland will not burn senior bondholders'

Michael Noonan tells an audience in Berlin that senior bondholders in banks, or in the Irish state itself, will be repaid in full.

# bank-recapitalisation - Wednesday 4 January, 2012

Government's 2011 tax income misses Budget target by 2.5 per cent

New data published by the Department of Finance show that income tax, VAT and corporation tax were all lower than expected.

# bank-recapitalisation - Saturday 26 November, 2011

Noonan says no additional funds needed for IL&P recapitalisation

The Minister for Finance says that the €1.3 billion that will be needed to recapitalise the financial institution has already been accounted for.

# bank-recapitalisation - Wednesday 2 November, 2011

Tax intake €2 billion higher than last year but still behind target

New figures from the Exchequer also show its deficit has blown up to €22.2 billion due to payments made to recapitalise Irish banks.

# bank-recapitalisation - Thursday 6 October, 2011

Government to recapitalise credit unions by as much as €1billion

Finance minister Michael Noonan has also said that the banking sector is now well-placed to deal with any further distress in the economy.

# bank-recapitalisation - Tuesday 26 July, 2011

High Court grants permission to force through taxpayer's IL&P injection

The Minister for Finance is granted a court order to inject €4bn of public funds into Irish Life & Permanent.

# bank-recapitalisation - Monday 25 July, 2011

BOI investment deal reduces level of state funding for recapitalisation BOI

BOI investment deal reduces level of state funding for recapitalisation

A group of investors has agreed to buy up to €1.123bn of the state’s stake in Bank of Ireland, meaning the state is now likely to put €1.7bn into the bank.

# bank-recapitalisation - Wednesday 20 July, 2011

IL&P shareholders reject plans for state funding

However, the Minister for Finance Michael Noonan has vowed to go ahead with the plans to recapitalise IL&P in spite of the shareholders’ wishes.

Irish Life and Permanent shareholders could reject nationalisation

The government is proposing to inject nearly €4 billion to take 99 per cent control of the bank.

# bank-recapitalisation - Thursday 23 June, 2011

Bank of Ireland deal knocks €2bn off taxpayer’s bill

The savings mean the taxpayer will have to give the bank less cash to keep it afloat.

# bank-recapitalisation - Sunday 13 March, 2011

The 9 at 9: Sunday

Nine things you need to know by 9am: More meltdown fears in Fukushima, the Fingleton Files, and an unusually busy day at the Dáil bar…

# bank-recapitalisation - Friday 11 February, 2011

EU wants banks recapitalised "as soon as possible"

Olli Rehn’s spokesman said the European Union thought Brian Lenihan’s delay was “temporary” – but still wants it done.

# bank-recapitalisation - Thursday 10 February, 2011

Noonan casts doubt over Lenihan's recapitalisation story

The Fine Gael spokesman says he believes Brian Lenihan didn’t receive the approval of the EU or IMF before his announcement.

Who's outstroked whom? Face Off This post contains a poll

Who's outstroked whom?

Was postponing any further bank recapitalisations a prudent political move brought about by Fine Gael pressure, or an epic Fianna Fáil masterstroke?

Deputy Leaders clash over nurses, Irish and economy

A Deputy Leaders’ debate sees Mary Hanafin, James Reilly and Joan Burton discuss the economy and other issues.

# bank-recapitalisation - Thursday 23 December, 2010

AIB could be nationalised by day’s end AIB

AIB could be nationalised by day’s end

Brian Lenihan offers AIB €3.7bn from the National Pensions Reserve Fund, after asking the High Court for a ‘private hearing’ on the matter.

# bank-recapitalisation - Sunday 19 December, 2010

Bank of Ireland puts finishing touches on recapitalisation plan

Bank must send plan forward to the Financial Regulator before the end of the year.

# bank-recapitalisation - Friday 19 November, 2010

AIB loses €13bn in deposits since start of 2010

A trading update from the country’s biggest retail banks reveals a massive outflow in cash deposits.