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Dublin: 8 °C Tuesday 31 March, 2020


# efsm - Tuesday 14 July, 2015

Greek PM says he signed a deal he doesn't believe in ... but will implement

He added that he plans to carry out his responsibilities in office for the next four years.

# efsm - Saturday 23 March, 2013

IMF approves latest round of bailout loans for Ireland

The approval of nearly €1 billion in new lending means the IMF has handed over about 89 per cent of the total loan.

# efsm - Tuesday 23 October, 2012

EU issues €3 billion bond to fund Irish and Portuguese bailouts

€1 billion of the funds – which were sold at an interest rate of 2.621 per cent – will be sent to Ireland.

# efsm - Monday 18 June, 2012

Brussels says report on Troika loan proposal is "simply not true"

The European Commission flatly denies an RTÉ report saying the Troika are considering extending the schedule for repayments.

# efsm - Friday 20 January, 2012

Could EU fiscal treaty go through with just 12 states on board?

Dow Jones/Wall Street Journal team says it has seen a draft of treaty.

# efsm - Monday 9 January, 2012

Ireland should negotiate 'standby second bailout', says Citi chief

Citigroup’s chief economist Willem Buiter says Ireland should have a second funding deal wrapped up before the first one runs out.

# efsm - Thursday 15 December, 2011

IMF approves latest €3.9 billion of Irish bailout loans

The International Monetary Fund has approved the latest tranche of bailout loans, following official inspections in October.

# efsm - Friday 23 September, 2011

Ireland to draw down UK bilateral loan 'shortly' - Noonan

Ireland is to draw down the first €463 million of its loans from Britain in the coming weeks, finance minister Michael Noonan says.

# efsm - Wednesday 14 September, 2011

European Commission reduces margin on Irish bailout to zero

The EC says it’s lowering the interest on its part of Ireland’s bailout loans in line with that of the Eurozone’s portion.

# efsm - Tuesday 25 January, 2011

Europe auctions €5bn in Irish 'bailout bonds'

A second batch of European bonds is being auctioned off today, with an average interest rate half of what we’ll pay.

# efsm - Wednesday 5 January, 2011

EU offloads €5bn in bonds to pay for Irish bailout

The European Financial Stability Mechanism is inundated with offers to buy bonds, at rates only a third of what Ireland will pay.

# efsm - Wednesday 15 December, 2010

Dáil votes on EU/IMF bailout

New legislation providing for a radical restructuring of the banking sector will also come before the Dáil today.

# efsm - Monday 29 November, 2010

Cowen insists €85bn bailout agreement is "best possible deal" Bailout

Cowen insists €85bn bailout agreement is "best possible deal"

€17.5bn of Ireland’s rescue will come from its own pensions reserve, while the remainder comes at a hefty 5.8% charge.