Conor's Feed
Jun 18, 2015

EU undermined Ireland in markets to push bailout: top official

DUBLIN (Reuters) – European officials used anonymous media briefings to undermine market confidence in Ireland and increase pressure on the government to accept a bailout in 2010, the head of the finance ministry at the time said on Thursday.

Kevin Cardiff, the secretary general of the Department of Finance in November 2010, did not specify whether the officials were from the European Central Bank or European Union, the two bodies that wanted a bailout to ease wider market concerns.

Jun 11, 2015

Ryanair won’t move on Aer Lingus sale until after EU probe

DUBLIN (Reuters) – Ryanair (RYA.I: Quote, Profile, Research, Stock Buzz) is unlikely to agree to sell its 30 percent stake in Irish airline Aer Lingus (AERL.I: Quote, Profile, Research, Stock Buzz) until after an European Union competition probe that could take months, Chief Executive Michael O’Leary told Reuters on Thursday.

British Airways owner International Airlines Group’s (ICAG.L: Quote, Profile, Research, Stock Buzz) proposed 1.36 billion euro ($1.53 billion) offer for Aer Lingus was recommended by the Irish airline’s board in January, but the deal is conditional upon winning support from Ryanair.

Jun 10, 2015

First Irish housebuilder to float since 1997 makes strong debut

DUBLIN, June 10 (Reuters) – Cairn Homes, the first
Irish housebuilder to float in almost 20 years, made a strong
market debut on Tuesday, as investors bet on the robust recovery
of a property market still grappling with the fallout from the
financial crisis.

Shares in the company rose 5.5 percent on their first day of
trading on the London Stock Exchange, after it raised 400
million euros ($453 million) in a sale of new shares.

Jun 7, 2015

England extend run with drab 0-0 draw in Dublin

DUBLIN (Reuters) – Toothless England extended their unbeaten run to 10 games with a tame 0-0 friendly draw against Ireland on Sunday but their fans were praised for respectful behaviour two decades after the last Dublin game between the teams ended in a riot.

The visitors failed to get a single shot on target in the first half and Ireland Keeper Keiren Westwood easily saved two chances for Wayne Rooney in the second.

Jun 7, 2015

Soccer-England extend run with drab 0-0 draw in Dublin

DUBLIN, June 7 (Reuters) – Toothless England extended their unbeaten run to 10 games with a tame 0-0 friendly draw against Ireland on Sunday but their fans were praised for respectful behaviour two decades after the last Dublin game between the teams ended in a riot.

The visitors failed to get a single shot on target in the first half and Ireland Keeper Keiren Westwood easily saved two chances for Wayne Rooney in the second.

Jun 5, 2015

S&P raises Ireland’s rating for third time in 12 months

DUBLIN, June 5 (Reuters) – Standard & Poor’s raised
Ireland’s credit rating by one notch to ‘A+’ on Friday, its
third upgrade in 12 months for the European Union’s
fastest-growing economy, rewarding it for cutting its debt pile
and budget deficit faster than expected.

Standard & Poor’s were the first of the three major
agencies to hand Ireland back its ‘A’ rating last June and
upgraded again in December. Moody’s is the only
one of the three not to give it an ‘A’.

Jun 5, 2015

FIFA paid Ireland’s FA $5 million to stop legal action

DUBLIN (Reuters) – FIFA paid Ireland’s FA (FAI) $5 million (£3.25 million) to avoid a legal case over a controversial World Cup playoff defeat in 2009, world football’s governing body confirmed on Thursday.

Ireland were knocked out by France in a two-legged playoff to qualify for the 2010 South Africa tournament, with the decisive goal in the second leg coming after a handball by French striker Thierry Henry in extra time.

Jun 4, 2015

FIFA paid Irish $5.6 million to stop legal action: FAI chief

DUBLIN (Reuters) – FIFA paid the Irish FA (FAI) five million euros ($5.64 million) to avoid a legal case over a controversial World Cup playoff defeat in 2009, FAI chief executive John Delaney said on Thursday.

Ireland were knocked out by France in a two-legged playoff to qualify for the 2010 South Africa tournament, with the decisive goal in the second leg coming after a handball by French striker Thierry Henry in extra time.

Jun 4, 2015

FIFA paid Irish 5 million euros to stop legal action – FAI chief

DUBLIN (Reuters) – FIFA paid the Irish FA (FAI) five million euros (4 million pounds) to avoid a legal case over a controversial World Cup playoff defeat in 2009, FAI chief executive John Delaney said on Thursday.

Ireland were knocked out by France in a two-legged playoff to qualify for the 2010 South Africa tournament, with the decisive goal in the second leg coming after a handball by French striker Thierry Henry in extra time.

Jun 4, 2015

Soccer-FIFA paid Irish 5 mln euros to stop legal action – FAI chief

DUBLIN, June 4 (Reuters) – FIFA paid the Irish FA (FAI) five million euros ($5.64 million) to avoid a legal case over a controversial World Cup playoff defeat in 2009, FAI chief executive John Delaney said on Thursday.

Ireland were knocked out by France in a two-legged playoff to qualify for the 2010 South Africa tournament, with the decisive goal in the second leg coming after a handball by French striker Thierry Henry in extra time.