DUBLIN (Reuters) – Ireland’s international lenders have given it significant leeway to ease up on austerity in its 2014 budget after it promised to keep hitting all its main targets under a bailout agreement, the government said on Tuesday.
Ireland has been the euro zone’s bailout success story and is on track to exit its international aid programme later this year, while other bailed-out countries struggle to hit their deficit targets.
DUBLIN (Reuters) – Ireland voted to retain its upper house of parliament on Saturday, rejecting Prime Minister Enda Kenny’s call to scrap a chamber where the likes of William Butler Yeats once sat but the government saw as redundant.
In a campaign backed by some of the opposition and not seen as a chance to punish the government for austerity policies imposed as part of an EU/IMF bailout, 51.7 percent of the electorate voted against the proposal.
DUBLIN (Reuters) – The Irish are famous around the world for their convivial drinking culture and the cosy pubs that have been copied around the world – but it seems they do not want to be cajoled into an annual celebration of their best-known beer.
An Irish minister on Tuesday criticised the international drinks firm Diageo for inventing a “pseudo-national holiday” to market its products, not least the Dublin-brewed Guinness – part of a growing backlash against “Arthur’s Day”.
DUBLIN, Oct 4 (Reuters) – Ireland’s main funding focus for
next year will be resuming a modest auction programme, a move
that would confirm beyond doubt that it has regained full market
access, the head of the country’s debt agency said on Friday.
Ireland, which is set to become the first euro zone country
to exit an international bailout later this year, said earlier
this week that it would not issue any more bonds before year-end
as it has enough cash on hand to fund itself for 2014.
DUBLIN (Reuters) – Ireland has space to ease up on austerity in 2014, its finance minister said on Wednesday, in comments that look set to put the government at odds with the central bank and its international lenders.
The country is due to complete its 85 billion euro international bailout this year, becoming the first euro zone member to do so, but still needs to keep a tight rein on its finances to maintain market confidence.
DUBLIN, Oct 1 (Reuters) – Ireland, set to become the first
euro zone country to exit an international bailout this year,
has decided not to issue any more bonds this year as it has
enough cash on hand, the debt agency said on Tuesday.
The National Treasury Management Agency (NTMA) had planned
to tap markets in the final quarter to fully demonstrate the
“regular market access” that the European Central Bank says is
necessary for its bond-buying programme.
DUBLIN (Reuters) – Irish building supplies group Grafton (GRF_u.I: Quote, Profile, Research, Stock Buzz) will focus expansion on the recovering British market once it switches its listing to London next month, Chief Executive Gavin Slark said on Friday.
Grafton, which announced its move to the London Stock Exchange (LSE.L: Quote, Profile, Research, Stock Buzz) last week, already makes three quarters of its more than 2 billion euros of annual revenue in Britain.
DUBLIN, Sept 24 (Reuters) – The Irish are famous around the
world for their convivial drinking culture and the cosy pubs
that have been copied around the world – but it seems they do
not want to be cajoled into an annual celebration of their
An Irish minister on Tuesday criticised the international
drinks firm Diageo for inventing a “pseudo-national
holiday” to market its products, not least the Dublin-brewed
Guinness – part of a growing backlash against “Arthur’s Day”.
LONDON/DUBLIN, Sept 20 (Reuters) – The Irish authorities,
the EU and the IMF have completed two days of Dublin meetings
aimed at agreeing a blueprint that will make the country’s
upcoming bank health checks as close as possible to a planned
EU-wide version in 2014.
Officials at the EU and IMF both confirmed that their
representatives had been in Dublin this week for talks on the
design of the tests. A spokesman for the European Central Bank,
the third element of the so-called troika, declined to comment.
DUBLIN (Reuters) – Irish Olympic boxing champion Katie Taylor may abandon a planned defense of her title in 2016 to turn professional after enduring a “terrible year” which she said saw women’s boxing take a step backwards.
Taylor, a sporting icon in her country, became one of the faces of the London Games last year by playing the lead role in a stunningly successful Olympic debut for women’s boxing, one that firmly left the men in the shade.