DUBLIN/LONDON Jan 9 (Reuters) – Ireland has sold a larger
than expected 1 billion euros ($1.3 billion) of Bank of Ireland
debt, cutting its exposure to the bailed-out bank amid
growing confidence in the country’s economic recovery.
Private investors bought the 1 billion euros of contingent
capital notes, known as CoCo bonds, at a slight premium, beating
a target of at least 500 million euros.
DUBLIN, Dec 11 (Reuters) – Ireland’s Financial Regulator
called for a re-evaluation of financial crime laws, saying
delays in prosecuting those involved in the collapse of the
banks were undermining public confidence.
No-one has so far been jailed for their part in a banking
failure which led to a bailout involving more than 60 billion
euros ($77.6 billion) of taxpayers’ money – equivalent to 40
percent of GDP – and high-profile prosecutions of the heads of
Irish Nationwide and Anglo Irish Bank have dragged on
DUBLIN (Reuters) – Russia and the United States will seek a “creative” solution to drag Syria back from the brink, the international mediator on Syria said on Thursday after meeting U.S. Secretary of State Hillary Clinton and Russian Foreign Minister Sergei Lavrov.
The comments by Lakhdar Brahimi, who called the unscheduled meeting on the sidelines of a Dublin conference, suggested a new coordination among the major powers might be emerging on Syria after months of sometimes bitter disagreement.
DUBLIN, Dec 5 (Reuters) – The Irish government tested the
economy and a long-suffering public with a new 3.5 billion euro
dose of austerity on Wednesday, though better service sector and
jobless data helped to soften the blow.
Bailed-out Ireland has begun its return to bond markets and
is one of few euro zone countries to keep eking out mild growth,
but with one of the highest budget deficits in Europe, it now
faces further harsh spending cuts and tax hikes.
VIENNA/DUBLIN (Reuters) – An Austrian student group plans to go to court in a bid to make Facebook Inc, the world’s biggest social network, do more to protect the privacy of its hundreds of millions of members.
Campaign group europe-v-facebook, which has been lobbying for reforms at the U.S. company for more than a year, said it would appeal against decisions by the data protection regulator in Ireland, where Facebook has its international headquarters.
BELFAST (Reuters) – London’s decision to grant Scotland a referendum on independence after 300 years has raised an awkward question for Northern Ireland’s Catholics.
After centuries fighting for its downfall, do they really want the United Kingdom to collapse?
DUBLIN (Reuters) – Allied Irish Banks (ALBK.I: Quote, Profile, Research) raised 500 million euro (403.79 million pounds) through a three-year bond issue on Wednesday and intends to build on a resurgence in Irish capital markets with up to three more issues next year.
Emulating the debt market success of peer Bank of Ireland (BKIR.I: Quote, Profile, Research) and Irish utilities Bord Gais and ESB earlier this month, the state-owned lender sold the paper at mid-swaps plus 270 basis points. The issue was four-times oversubscribed.
DUBLIN, Nov 28 (Reuters) – Allied Irish Banks
raised 500 million euro ($646.55 million) through a three-year
bond issue on Wednesday and intends to build on a resurgence in
Irish capital markets with up to three more issues next year.
Emulating the debt market success of peer Bank of Ireland
and Irish utilities Bord Gais and ESB earlier this
month, the state-owned lender sold the paper at mid-swaps plus
270 basis points. The issue was four-times oversubscribed.
DUBLIN, Nov 27 (Reuters) – Within months of Ireland’s
property bubble bursting, estate agent Grainne Bird-Thistle got
caught up in the country’s next boom: babies.
The number of births in Ireland hit a 118-year high in 2009,
when the economy clocked up its worst year on record, and the
number of new arrivals has remained close to that peak despite
the struggle to emerge from financial crisis.
DUBLIN (Reuters) – Ireland has opened a new investigation into the death of Savita Halappanavar, denied an abortion of her dying foetus, as the government scrambled to stem criticism of its handling of an incident that polarised the overwhelmingly Catholic country.
The 31-year-old dentist was admitted to hospital in severe pain on October 21 and asked for a termination after doctors said her baby would not survive, according to husband Praveen, but in a country with some of the world’s most restrictive abortion laws, surgeons would not remove the foetus until its heartbeat stopped days later.