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Dublin: 9 °C Tuesday 18 December, 2018

#Debt Crisis

From TheJournal.ie FactCheck: Is Fine Gael right to claim the credit for a fall in mortgages in arrears? Factcheck

FactCheck: Is Fine Gael right to claim the credit for a fall in mortgages in arrears?

Fine Gael has been on Twitter and Facebook, promoting a set of claims about its role in the fall of mortgages in arrears. Do they check out?

From TheJournal.ie Greece latest: Tough new reforms passed in marathon late-night session Early Hours

Greece latest: Tough new reforms passed in marathon late-night session

Relief for Alexis Tsipras – but he’s had to endure another major rebellion from his own party.

From TheJournal.ie Thousands asked for help from insolvency service in its first months Debt

Thousands asked for help from insolvency service in its first months

In the first three months of the ISI’s existence, it was inundated with calls and emails.

From TheJournal.ie Column: A breakdown of the Irish economic collapse Opinion

Column: A breakdown of the Irish economic collapse

Dr Donal Donovan considers who and what was responsible for the demise of the Celtic Tiger – and whether Ireland’s preferential corporate tax regime can be sustained in the face of pressures from other countries.

From TheJournal.ie PTSB is "not aware" of letters advising people in minimal arrears to sell their homes Debt Crisis

PTSB is "not aware" of letters advising people in minimal arrears to sell their homes

Sinn Féin’s Pearse Dohery says that he has met with a family who were advised to clear arrears of €300 by selling their home, something the PTSB CEO says he is “not aware” of.

From TheJournal.ie PTSB says it would “stand over” advising customer to leave college in order to pay mortgage Debt Crisis

PTSB says it would “stand over” advising customer to leave college in order to pay mortgage

Stephen Donnelly says that the bank’s response was “deeply disappointing” and says that the crisis is not one of arrears, it is one of debt.

From TheJournal.ie Column: People don’t trust Europe – but that can be changed Opinion

Column: People don’t trust Europe – but that can be changed

The EU can restore trust by pursuing evidence-based policies that will put people first – namely by setting targets for the real economy, humanitarian aid, and social justice, writes Tom McDonnell.

From TheJournal.ie Column: Game, Set and Match to the Banks Opinion

Column: Game, Set and Match to the Banks

The extent to which banks are running Ireland and Europe is clearly shown by the recently published Insolvency Guidelines and Rules, writes Dave Hughes.

From TheJournal.ie France enters recession in first quarter Eurozone

France enters recession in first quarter

French economic growth has been sluggish lately as a result of record unemployment and falling household demand – the key driver of the economy.

From TheJournal.ie Spain's unemployment rate shoots to record 27.16% Unemployment

Spain's unemployment rate shoots to record 27.16%

More than six million people in Spain are now without work.

From TheJournal.ie Boston bombing most closely followed news story since Wall Street collapse USA

Boston bombing most closely followed news story since Wall Street collapse

Study of American media finds it fifth in the top stories for public since 9/11.

From TheJournal.ie Nick Leeson: I’ve observed the need for debt solution – now I’m acting on it Read Me

Nick Leeson: I’ve observed the need for debt solution – now I’m acting on it

Former trader Nick Leeson explains why he has begun to work as a mediator between indebted people and the banks…

From TheJournal.ie Updated: EU finance ministers agree to delay repayment of Irish bailout loans Eurogroup

Updated: EU finance ministers agree to delay repayment of Irish bailout loans

All 27 EU finance ministers have now given a green light to extending the maturity of Ireland’s bailout loans by seven years.

From TheJournal.ie EU and Eurozone finance ministers begin two-day summit in Dublin Bailout

EU and Eurozone finance ministers begin two-day summit in Dublin

Ministers will discuss extending the repayment dates of Ireland’s loans, and the aftermath of the Cyprus bailout catastrophe.

From TheJournal.ie Troika recommends 'giving Ireland seven more years to repay loans' Bailout

Troika recommends 'giving Ireland seven more years to repay loans'

Proposals seen by Reuters, to be put to ministers in Dublin this weekend, would see extra time given for Ireland and Portugal to repay.

From TheJournal.ie Aaron McKenna: While the Eurozone is floundering, the US is seeing growth - but why? Opinion

Aaron McKenna: While the Eurozone is floundering, the US is seeing growth - but why?

The EU needs to either get on with integration, proper banking and political union or separate into amicable trading partners and neighbours, writes Aaron McKenna.

From TheJournal.ie Cyprus president: Crisis is 'contained' and we won't leave eurozone Cyprus

Cyprus president: Crisis is 'contained' and we won't leave eurozone

Nicos Anastasiades has also thanked the Cypriot public for their “maturity and collectedness” as the banks reopened.

From TheJournal.ie The 5 at 5: Monday Take 5

The 5 at 5: Monday

5 minutes, 5 stories, 5 o’clock…

From TheJournal.ie FF publishes bill to remove bank veto from insolvency regime Mortgages

FF publishes bill to remove bank veto from insolvency regime

Fianna Fáil’s legislation would also create an independent Mortgage Resolution Office with the power to make binding orders.

From TheJournal.ie Explainer: Your 25-point crash course on what’s happening in Cyprus Explainer

Explainer: Your 25-point crash course on what’s happening in Cyprus

Bailouts! Deposit levies! Leaving the euro? It’s all been happening in the last ten days.

From TheJournal.ie Eurozone finance ministers to meet in Brussels on Cyprus crisis Cyprus

Eurozone finance ministers to meet in Brussels on Cyprus crisis

Ministers will hold a last-ditch meeting to decide whether Cyprus will get a bailout – or be forced to leave the euro.

From TheJournal.ie Cyprus president prepares for Brussels as parties debate 25pc deposit tax Cyprus

Cyprus president prepares for Brussels as parties debate 25pc deposit tax

The Troika are in Cyprus for intensive talks, while Nicos Anastasiades could yet lead a delegation to Brussels this afternoon.

From TheJournal.ie Cyprus to exempt small savers from deposit tax ahead of crucial vote Debt Crisis

Cyprus to exempt small savers from deposit tax ahead of crucial vote

Accounts with balances under €20,000 will be exempted from a controversial levy if it is approved by MPs today.

From TheJournal.ie Ireland not impacted by Cyprus' bailout deal - Kenny Debt Crisis

Ireland not impacted by Cyprus' bailout deal - Kenny

Banks in Cyprus remain closed as discussions continue on the terms of the proposed bailout deal.

From TheJournal.ie Cyprus postpones crucial vote on unpopular bailout until Tuesday Controversial

Cyprus postpones crucial vote on unpopular bailout until Tuesday

The president is trying to get parliamentarians to back the bailout deal that slaps a hugely unpopular levy on bank savings.

From TheJournal.ie The 9 at 9: Friday 9 At 9

The 9 at 9: Friday

Good morning. Here are nine things to know as you start your day.

From TheJournal.ie Noonan: Europe now owes Ireland after 'taking one for the team' Michael Noonan

Noonan: Europe now owes Ireland after 'taking one for the team'

“As Ronald Reagan used to say, ‘We took one for the team.’ And I think the team owes us now.”

From TheJournal.ie Column: Legal uncertainty of promissory notes is a powerful bargaining tool Opinion

Column: Legal uncertainty of promissory notes is a powerful bargaining tool

The looming payment deadline for the next €3.06 billion promissory note instalment is at the centre of discussions – but the legality of this debt is not being properly considered, writes Andy Storey.

From TheJournal.ie Taoiseach in Brussels for European budget talks Debt Crisis

Taoiseach in Brussels for European budget talks

He is joining the other three Presidents of the EU – Herman Van Rompuy, José Manuel Barroso and Martin Schulz.

From TheJournal.ie Noonan arrives in Brussels for key talks on aid for banks Eurogroup

Noonan arrives in Brussels for key talks on aid for banks

Michael Noonan will chair tomorrow’s meeting of EU finance ministers; today’s Eurogroup meeting will elect a new head.

From TheJournal.ie Column: Irish politics won't change until people demand accountability from leaders Politics

Column: Irish politics won't change until people demand accountability from leaders

A system of direct democracy would give people a more transparent form of government, writes Raymond Whitehead.

From TheJournal.ie Kenny to address meeting of Merkel's Bavarian sister party Next Stop Munich

Kenny to address meeting of Merkel's Bavarian sister party

The Taoiseach is in Munich to address a meeting of the Christian Social Union, the regional sister party of the CDU.

From TheJournal.ie Merkel kicks off campaign, highlights economic strength Germany

Merkel kicks off campaign, highlights economic strength

The German Chancellor’s party faces a tough battle in the upcoming Lower Saxony state vote.

From TheJournal.ie European stocks rise after festive break Markets

European stocks rise after festive break

Europe’s main stock markets rise as traders focus on whether the United States will avert the 2013 “fiscal cliff”.

From TheJournal.ie Berlusconi tells Italy: 'You need me, and I always help people in need' Italy

Berlusconi tells Italy: 'You need me, and I always help people in need'

The flamboyant former prime minister is on a media blitz as he prepares his attempt to return to power for a fourth time, warning of civil war if Italy continues on its current course.

From TheJournal.ie Monti to step down as Berlusconi announces fresh run Italy

Monti to step down as Berlusconi announces fresh run

Italian Prime Minister Mario Monti has said he is stepping down just hours after Silvio Berlusconi announced he would run again for head of government.

From TheJournal.ie Silly diagram does a great job explaining what's wrong with the Eurozone 1000 Words

Silly diagram does a great job explaining what's wrong with the Eurozone

The Eurozone house of cards has a solid roof – but the foundations are very rocky.

From TheJournal.ie Amazon announces investment in France, sees 2,500 jobs France

Amazon announces investment in France, sees 2,500 jobs

The internet giant is planning to open a fourth despatch centre in the country – despite an ongoing tax dispute with the French government.

From TheJournal.ie Clashes erupt in Europe anti-austerity protests Protests

Clashes erupt in Europe anti-austerity protests

Millions of workers across Europe rallied together today in strikes and rallies to protest against any further austerity measures.

From TheJournal.ie Greek protests erupt into violence ahead of austerity vote Debt Crisis

Greek protests erupt into violence ahead of austerity vote

More than 80,000 people took part in the anti-austerity protest in Athens ahead of a crucial parliamentary vote on new spending cuts.

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