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Dublin: 11 °C Tuesday 23 April, 2019


# ecofin - Friday 12 September, 2014

Michael Noonan has struck a deal that will save Ireland €1.5 billion

The Finance Minister has been in Milan urging EU colleagues to support his push for early repayment of IMF loans.

# ecofin - Thursday 14 November, 2013

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.

# ecofin - 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.

# ecofin - 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.

# ecofin - Monday 24 June, 2013

Bank bondholders would be forced to take losses under Noonan plan

The Financial Times has obtained a proposal circulated by Noonan on how Eurozone banks should deal with problems in future.

# ecofin - Friday 21 June, 2013

Ireland gets another seven years to repay its European bailout loans

EU finance ministers have officially signed off on a deal which means the average European loan will be repaid in 19.5 years.

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.

# ecofin - Thursday 20 June, 2013

Noonan: Ireland will escape bailout, even if we can't recover bank costs

The finance minister says the world recognises that Ireland’s debts are sustainable, but he won’t give up on help.

# ecofin - Tuesday 14 May, 2013

Ireland to contribute over €90 million extra to EU budget for 2013

The contribution is part of an overall contribution of €7.3 billion to cover a spending shortfall from 2012.

EU will inspect Ireland’s finances for decades after bailout, under new rules

The ‘two-pack’ also means the Budget will have to be submitted to Brussels for its approval every October from now on.

# ecofin - Friday 12 April, 2013

Garda protest outside EU finance ministers meeting in Dublin Castle

Members of the Garda Representative Association are protesting outside the two-day summit of finance chiefs.

# ecofin - Tuesday 9 April, 2013

EU finance chiefs to get tablet PCs for 'paperless' Dublin summit

EU finance ministers will hand back the tablets after the two-day summit concludes at Dublin Castle this weekend.

# ecofin - Tuesday 5 March, 2013

EU finance ministers confirm deal to delay Ireland's bailout repayments

Ministers have asked the Troika to come up with a proposal on the best options for extending the maturities of Irish loans.

Noonan confirms Budget 2014 to be brought forward to October

EU finance ministers are meeting in Brussels today to ratify proposals contained in the two-pack, a series of financial governance measures, which the Minister said would mean an earlier budget.

Deal could delay repayment of Ireland's EU bailout loans

The detail of extended loan repayments on the EU portion of Ireland’s bailout is still to be worked out but could save the State significant amounts of money in the coming years.

# ecofin - Monday 4 March, 2013

Key meeting in Brussels to discuss whether AIB, BoI costs can be recouped

Eurozone finance ministers will today discuss the key question of whether the Euro’s bailout fund will chip in to Ireland’s costs.

# ecofin - Tuesday 22 January, 2013

Eurozone finance ministers agree to examine Ireland's loan repayments

The deal has been hailed by finance minister Michael Noonan as having the potential to save Ireland billions of euro.

# ecofin - Monday 21 January, 2013

Noonan arrives in Brussels for key talks on aid for banks

Michael Noonan will chair tomorrow’s meeting of EU finance ministers; today’s Eurogroup meeting will elect a new head.

# ecofin - Friday 14 September, 2012

Quest for bank debt deal to continue at Cyprus ministers' meeting

Michael Noonan will meet his counterparts from around Europe in Cyprus today, hoping to make progress on shedding Ireland’s bank debts.

# ecofin - Wednesday 11 July, 2012

Ireland may have to wait for money even after bank debt deal

Finance minister Michael Noonan has said there was “absolute support” in Europe for the principle of a deal on Ireland’s debt.

# ecofin - Friday 22 June, 2012

EIB president would 'like to sort out the problems that Ireland has'

Finance minister Michael Noonan has said that there are hopes that Ireland will receive fresh funding for infrastructure projects.

# ecofin - Thursday 21 June, 2012

Noonan to continue promissory note campaign at Eurozone ministers' meeting

The minister for finance will meet his Eurozone counterparts this evening, and be joined by the non-euro ministers tomorrow.

# ecofin - Monday 14 May, 2012

Noonan urges Greek parties to form government and stay in the euro

Attending a summit in Brussels, Michael Noonan says it is “very important that the eurozone stays intact”.

# ecofin - Tuesday 24 January, 2012

Hungary could lose EU funding over failure to sort domestic budget

Although the Budget deficit for 2012 will be within EU limits of 3 per cent of GDP, it’s only because of one-off windfalls.

# ecofin - Saturday 19 November, 2011

"Serious risk" of European Commission running out of funds in 2012, says Commissioner

The EU’s 2012 budget is set to increase it by 2 per cent to €129bn, but spending commitments have hit €147bn.

# ecofin - Thursday 8 September, 2011

Noonan exploring bondholder burning plan

Minister for Finance and the ECB president are likely to discuss Noonan’s plan of imposing losses on senior Anglo and INBS bondholders next week.

# ecofin - Monday 20 June, 2011

Here's how a new deal on EU bailouts could help Ireland escape a second one

A nutshell guide to how an amendment to the European Stability Mechanism could help Ireland get back on its feet.

# ecofin - Wednesday 17 November, 2010

Battle lines drawn as Europe insists Ireland's banking sector needs its help

As finance ministers meet, Olli Rehn says there’s liquidity crisis in the banks – contradicting Brian Lenihan.