# ESM

All time

# Bailout

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.

33.8k

Jul 14th 2015, 10:30 PM

# Not off the table

Has Michael Noonan given up on a bank debt deal?

Not quite, but it looks like the government is pursuing other options.

12.3k

Apr 28th 2015, 8:22 PM

# Nope Nope Nope

Angela Merkel's 'Dr No' makes Ireland's search for a bank debt deal much harder

Analysis: Dr Joachim Pfeiffer’s visit to Dublin this week was not a pleasant one for Enda Kenny.

11.6k

Jul 26th 2014, 11:15 AM

# Nope Nope Nope

Merkel ally: I told Enda Kenny that Ireland has no chance of a bank debt deal

Bad news from Germany…

15.9k

105

Jul 25th 2014, 11:32 AM

# Dáil

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.

9.8k

Jul 3rd 2014, 1:12 PM

# bank debt

'We need to know what the strategy is': FF urges government to push for debt deal

“We need to know what the strategy is. At the moment we’re really in a vacuum,” Fianna Fáil’s finance spokesperson Michael McGrath said today.

3.9k

Jan 21st 2014, 12:35 PM

# Debt Relief

Noonan says bank debt deal cannot be 'actively' pursued until 2015

The Minister for Finance met with the head of the eurozone’s permanent bailout fund, Klaus Regling, who reiterated his own view that any retrospective deal is not likely at the moment.

7.0k

Jan 17th 2014, 1:33 PM

# Bailout

Government makes case for retroactive recapitalisation to European committee

A member of the European Parliament Committee who are in Dublin today to discuss the bank bailout said while Ireland has a case to make, so does every other country.

4.5k

Jan 17th 2014, 10:41 AM

# bank debt deal

Michael Noonan to discuss Troika exit with head of eurozone bailout fund

Ireland’s push for a bank debt deal may also come up, but is not on the formal agenda for the meeting today.

3.4k

Jan 17th 2014, 7:05 AM

# bank debt

Taoiseach admits his own deadline on bank debt deal will be missed

Enda Kenny’s comments came prior to those of the European Commission president Jose Manuel Barroso last week where he appeared to rule out any retrospective bank deal.

6.7k

Dec 27th 2013, 7:00 AM

# Ecofin

"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.

4.0k

Nov 13th 2013, 1:40 PM

# Troika talks

Sinn Féin on Troika meeting: 'We gave it to them hard and heavy'

Pearse Doherty said that officials from the Troika told Sinn Féin that the chances of retrospective bank recapitalisation are “very slim”.

11.4k

Oct 31st 2013, 5:03 PM

# ESM

Paschal Donohoe: 'The ESM retrospective use is acknowledged in writing by EU ministers'

The Minister for European Affairs said the government would be holding them to their commitment if necessary.

7.0k

Oct 27th 2013, 3:32 PM

# banking union

Creation of Single Supervisory Mechanism for eurozone banks is approved

The new set of banking rules “will restore fair lending conditions across the EU,” said Barroso.

1.7k

Oct 15th 2013, 3:37 PM

# 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.

6.5k

Oct 15th 2013, 2:44 PM

# loan

Cyprus gets €1.5bn from EU's emergency fund

The crisis-hit nation has now received half of the package it was pencilled to get from the ESM.

3.5k

Sep 27th 2013, 8:30 PM

# bailout fund

ESM chief: Recouping of AIB, BoI costs "either difficult or impossible"

The Government had been hoping to unload the debt from the two bailed-out banks.

5.8k

Sep 27th 2013, 4:43 PM

# ECB

German ECB economist urges Ireland to stick to €3.1 billion target

Jorg Asmussen said he thought Ireland had made significant progress.

5.8k

100

Sep 21st 2013, 3:12 PM

# Bank Bailout

EU finance ministers fail to agree on who should pay for bank bailouts

The 27 EU ministers will meet again Wednesday to try and finalise a decision.

5.1k

Jun 22nd 2013, 10:26 AM

# Bailout

Euro finance ministers agree direct help for banks

The 17 eurozone ministers are joined today by their 10 non-euro colleagues to discuss these issues in a Bank Recovery and Resolution Directive.

2.9k

Jun 21st 2013, 7:55 AM

# Debt deal

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.

6.5k

Jun 20th 2013, 6:58 PM

# Bailouts

EU faces talks on bank sector reform and who should pay for future bailouts

Finance ministers are also expected to formally approve a 7-year extension on Ireland’s and Portugal’s bailout loans.

2.2k

Jun 20th 2013, 7:40 AM

# Money Money Money

IMF gives the ok for €1 billion bailout loan for Cyprus

The IMF said the money is intended to stabilise the country’s ravage financial system.

4.5k

May 15th 2013, 8:09 PM

Voices

Column: Are we proud that Ireland is the poster child of austerity?

Austerity has not worked in Ireland or across the eurozone, writes Joan Collins, who points out that even the architects of our bailout admit it was the wrong path.

121

105

May 9th 2013, 7:00 AM

Voices

Column: Who’s next in line to be consumed by the European crisis?

While other countries are showing signs of difficulty, it’s Spain’s deterioration which could bring the euro crisis to its most dangerous point, writes Tom McDonnell, who asks where Europe goes from here?

Apr 16th 2013, 7:00 AM

# Eurogroup

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.

7.4k

Mar 4th 2013, 3:49 PM

# Debt

Ireland still has 39% chance of defaulting, says Government's budget adviser

Professor John McHale, the chairman of the Irish Fiscal Advisory Council, said Ireland has made huge progress – but is not out of the woods yet.

6.7k

Feb 2nd 2013, 8:00 AM

# Brussels

Deal on Irish bank debt 'can be reached before 2014' - Kenny

The Taoiseach says discussions on the help Ireland can receive from the ESM can continue before a new banking supervisor is set up.

5.0k

Dec 14th 2012, 3:23 PM

# At last

European leaders agree on bank supervision

The deal comes after overnight talks, during which German Minister Wolfgang Schauble backed down on earlier objections.

2.0k

Dec 13th 2012, 8:02 AM

# Downgrade

Eurozone's new bailout fund loses AAA credit rating

The European Stability Mechanism has been downgraded by Moody’s, following a similar drop for France.

4.4k

Dec 1st 2012, 12:50 PM

Good Morning

The 9 at 9 Good morning! Here’s the nine things you need to know as you kick off your weekend.

7.6k

Dec 1st 2012, 9:09 AM

Evening Wrap

The 5 at 5 5 minutes, 5 stories, 5 o’clock…

4.9k

Nov 27th 2012, 4:50 PM

# ESM

European court rules against Thomas Pringle, says ESM is lawful

The European Court of Justice has ruled that the eurozone’s permanent bailout fund is lawful.

7.2k

Nov 27th 2012, 9:00 AM

Good Morning

The 9 at 9 Good morning. Here are the nine stories you need to know as you start your day.

8.1k

Nov 27th 2012, 8:40 AM

# ESM

European Court of Justice to discuss legality of new permanent bailout fund

The ECJ will today discuss whether the European Stability Mechanism (ESM) is legal under existing EU law.

3.2k

Oct 23rd 2012, 7:30 AM

# Bilateral Relations

Enda in Europe: next up, Paris.

The Taoiseach is to meet French President Francois Hollande and attend a large food fair to promote Irish produce.

2.6k

Oct 22nd 2012, 8:53 AM

# bank debts

Fianna Fáil, Sinn Féin call for clarification of Merkel and Kenny communiqué

Sinn Féin described the outcome of last night’s contact between Merkel and Kenny as a reiteration of a previous statement, while Fianna Fáil called for ‘plain language’.

3.6k

Oct 22nd 2012, 8:03 AM