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#Promissory notes

Joan Collins says the Supreme Court "sided against the Irish people" in rejecting her promissory note appeal
# Prom Night Revisited
From TheJournal.ie
# Prom Night Revisited

Joan Collins says the Supreme Court "sided against the Irish people" in rejecting her promissory note appeal

Dec 16th 2016, 1:13 PM 20,444 Views 150 Comments

Earlier, the State’s highest court rejected the independent TD’s challenge to the decision to use public money to aid institutions like Anglo Irish Bank in 2010.

'Greece should drop the euro - and so should Ireland'
# 228 Weeks
From TheJournal.ie
# 228 Weeks

'Greece should drop the euro - and so should Ireland'

Jul 11th 2015, 7:45 AM 23,898 Views 101 Comments

Ballyhea Says No began marching against the Irish bailout in 2011.

Honohan told to 'stand up to the ECB' as Frankfurt puts the pressure on last year's deal
# Serious Concerns
From TheJournal.ie
# Serious Concerns

Honohan told to 'stand up to the ECB' as Frankfurt puts the pressure on last year's deal

Apr 8th 2014, 8:52 AM 7,438 Views 40 Comments

In it’s annual report published yesterday, the ECB says that, “liquidation of the IBRC raises serious monetary financing concerns”.

'I didn't sleep very well last night' - State to pay 75% of costs in prom note case
# Banks
From TheJournal.ie
# Banks

'I didn't sleep very well last night' - State to pay 75% of costs in prom note case

Feb 27th 2014, 6:35 PM 19,972 Views 78 Comments

The High Court ruled it was an exception al case which merited a departure from the normal rules on legal costs.

Column: Our crisis was caused by too little democracy – not by too much
# Opinion
From TheJournal.ie
# Opinion

Column: Our crisis was caused by too little democracy – not by too much

Oct 14th 2013, 7:00 AM 66 Views 36 Comments

One TD has launched constitutional challenge seeking to reassert the right to vote on state spending – here’s why, Vincent P Martin writes.

The IMF wants Budget 2014 to ignore the promissory note deal
# Bailout
From TheJournal.ie
# Bailout

The IMF wants Budget 2014 to ignore the promissory note deal

Jun 18th 2013, 8:01 AM 10,038 Views 59 Comments

The Washington-based fund says we’ve completed our tenth quarterly review under the bailout, with a mixed outlook.

'All we're looking for is a fair deal' - An IBRC worker on the impact of liquidation
# Opinion
From TheJournal.ie
# Opinion

'All we're looking for is a fair deal' - An IBRC worker on the impact of liquidation

Mar 22nd 2013, 6:30 AM 176 Views 34 Comments

Since the bank formerly known as Anglo Irish Bank was liquidated last month ordinary workers have been left in the dark as to their fate and that of redundancy packages they’d agreed prior to ‘promnight’. Here, an employee speaks out…

Poll: Do you feel more positive about Ireland's economic situation?
# Your Say
From TheJournal.ie
# Your Say

Poll: Do you feel more positive about Ireland's economic situation?

Feb 27th 2013, 9:57 AM 10,077 Views 100 Comments

With the Bank Guarantee set to end next month, is Ireland’s economy finally stabilising?

Rehn: Budget 2014 should not be eased after promissory note savings
# Promissory Note
From TheJournal.ie
# Promissory Note

Rehn: Budget 2014 should not be eased after promissory note savings

Feb 25th 2013, 11:12 AM 3,922 Views 46 Comments

The European Commissioner says the €1 billion savings should be used to eliminate Ireland’s deficit as soon as possible.

Noonan hints €1bn IBRC savings will go to repay debts
# Promissory Note
From TheJournal.ie
# Promissory Note

Noonan hints €1bn IBRC savings will go to repay debts

Feb 22nd 2013, 9:33 PM 9,887 Views 77 Comments

Michael Noonan thinks it would make more sense not to use the promissory note proceeds to ease the next Budget.

Supreme Court rejects TDs application to join promissory note challenge
# Promissory Notes
From TheJournal.ie
# Promissory Notes

Supreme Court rejects TDs application to join promissory note challenge

Feb 20th 2013, 9:07 PM 5,210 Views 92 Comments

Five Deputies applied to join businessman David Hall’s challenge to the payment of promissory notes, saying it was in the public interest for the case to go ahead.

Varadkar: Promissory note saving 'is not €1bn more we have to spend'
# Budget 2014
From TheJournal.ie
# Budget 2014

Varadkar: Promissory note saving 'is not €1bn more we have to spend'

Feb 20th 2013, 10:35 AM 5,387 Views 74 Comments

The Transport Minister says that talk that the government has €1 billion more to play with in the next Budget “gave me bad memories of Charlie McCreevy”.

Draghi: ECB hasn't yet considered whether Irish deal is legal
# Promissory Notes
From TheJournal.ie
# Promissory Notes

Draghi: ECB hasn't yet considered whether Irish deal is legal

Feb 18th 2013, 3:57 PM 10,330 Views 33 Comments

Mario Draghi tells MEPs that the European Central Bank only checks ‘monetary financing’ operations once a year

German central bank says promissory note deal is 'problematic'
# Promissory Notes
From TheJournal.ie
# Promissory Notes

German central bank says promissory note deal is 'problematic'

Feb 18th 2013, 1:39 PM 23,688 Views 49 Comments

In its monthly report the Bundesbank says the deal illustrates problematic overlaps between fiscal and monetary policy.

Oireachtas agenda: WW2 pardon, promissory notes and obesity
# Leinster House
From TheJournal.ie
# Leinster House

Oireachtas agenda: WW2 pardon, promissory notes and obesity

Feb 14th 2013, 7:20 AM 3,786 Views 10 Comments

The Operation Transformation team meet the Health committee this morning to discuss Ireland’s obesity problem.

Government yet to decide how €1bn prom note windfall will be spent
# Budget 2014
From TheJournal.ie
# Budget 2014

Government yet to decide how €1bn prom note windfall will be spent

Feb 12th 2013, 4:05 PM 8,433 Views 138 Comments

Enda Kenny says it’s only six weeks into the year – and too early to predict the promissory note impact on Budget 2014.

Oireachtas agenda: Promissory notes, eco-cars and horse meat
# Leinster House
From TheJournal.ie
# Leinster House

Oireachtas agenda: Promissory notes, eco-cars and horse meat

Feb 12th 2013, 7:30 AM 2,505 Views 4 Comments

Simon Coveney will take ministerial questions in the Dáil today as the horse meat controversy rages on.

S&P improves outlook for Irish credit rating after prom note deal
# Credit Ratings
From TheJournal.ie
# Credit Ratings

S&P improves outlook for Irish credit rating after prom note deal

Feb 11th 2013, 6:46 PM 7,852 Views 56 Comments

Exchanging promissory notes for long-term bonds “should reduce the government’s debt-servicing costs and lower refinancing risk.”

Union meeting with IBRC liquidator over future of 800 jobs
# Promissory Notes
From TheJournal.ie
# Promissory Notes

Union meeting with IBRC liquidator over future of 800 jobs

Feb 11th 2013, 1:35 PM 4,795 Views 17 Comments

The contracts of some 800 workers in Ireland were essentially terminated when the government decided to liquidate the bank last week.

Consumer spending power to stabilise this year, improve in 2014
# Spending
From TheJournal.ie
# Spending

Consumer spending power to stabilise this year, improve in 2014

Feb 11th 2013, 8:27 AM 3,319 Views 20 Comments

Working households with mortgages will see the greatest growth in spending power while unemployed households will fare worst.

Central Bank Governor says 'deal' will not unravel
# Promissory Notes
From TheJournal.ie
# Promissory Notes

Central Bank Governor says 'deal' will not unravel

Feb 10th 2013, 1:35 PM 7,501 Views 67 Comments

Patrick Honohan said Ireland’s debt is now more sustainable than it was.

Column: Promissory note deal sees Fine Gael come out on top
# Promnight
From TheJournal.ie
# Promnight

Column: Promissory note deal sees Fine Gael come out on top

Feb 9th 2013, 7:00 PM 50 Views 152 Comments

The response to the promissory note deal has ranged from muted in the case of Fianna Fáil to outrage from Sinn Féin and the Independents – so what does this deal mean for Fine Gael, asks Gary Murphy.

Timeline: The 24 hours that secured the promissory note deal
# Prom Night
From TheJournal.ie
# Prom Night

Timeline: The 24 hours that secured the promissory note deal

Feb 9th 2013, 8:00 AM 6,040 Views 94 Comments

It was dramatic, chaotic, uncertain and very confusing as Ireland struck a deal to tear up the promissory notes and repay Anglo’s debts over a longer period. Here’s how it unfolded…

Ireland's cost of borrowing falls as NTMA formally issues new bonds
# Moving On Up?
From TheJournal.ie
# Moving On Up?

Ireland's cost of borrowing falls as NTMA formally issues new bonds

Feb 8th 2013, 6:49 PM 6,339 Views 28 Comments

The body that manages Irish debt has formally issued new bonds to replace the promissory notes.

Gilmore: Change in promissory note terms is "very, very significant"
# Promissory Notes
From TheJournal.ie
# Promissory Notes

Gilmore: Change in promissory note terms is "very, very significant"

Feb 8th 2013, 9:43 AM 4,723 Views 79 Comments

The Tánaiste said that

Poll: Did the government get a good deal on the promissory notes?
# Your Say
From TheJournal.ie
# Your Say

Poll: Did the government get a good deal on the promissory notes?

Feb 8th 2013, 9:41 AM 11,768 Views 190 Comments

The government argues that swapping the €3.06 billion annual payments for long-term bonds is the best we could have got, but others argue we’re still paying the debt. What do you think?

Businesses and financial institutions hail promissory notes deal
# Promissory Notes
From TheJournal.ie
# Promissory Notes

Businesses and financial institutions hail promissory notes deal

Feb 8th 2013, 8:19 AM 4,997 Views 59 Comments

Danske Bank Markets said it now expects rating agencies to upgrade Ireland’s status while businesses say the deal will improve consumer confidence.

22 things we’ll still have, even if the ECB takes everything
# Prom Night
# Prom Night

22 things we’ll still have, even if the ECB takes everything

Feb 7th 2013, 10:14 PM 37,415 Views 91 Comments

These are Ireland’s REAL assets.

Here's how the IBRC deal takes €1bn off next year’s Budget
# Budget 2014
From TheJournal.ie
# Budget 2014

Here's how the IBRC deal takes €1bn off next year’s Budget

Feb 7th 2013, 10:13 PM 15,965 Views 114 Comments

The Department of Finance has put together these figures to illustrate the benefit to Budgets 2014 and 2015.

Central Bank says ECB deal will 'contribute to financial stability'
# Promissory Notes
From TheJournal.ie
# Promissory Notes

Central Bank says ECB deal will 'contribute to financial stability'

Feb 7th 2013, 8:24 PM 5,348 Views 32 Comments

The independent body, which takes over ownership of the promissory notes in the deal, welcomes the moves.

Bonds: Fianna Fáil's 'qualified welcome', Sinn Féin says it will cost people €14,000
# Promissory Notes
From TheJournal.ie
# Promissory Notes

Bonds: Fianna Fáil's 'qualified welcome', Sinn Féin says it will cost people €14,000

Feb 7th 2013, 4:50 PM 10,719 Views 108 Comments

Sinn Féin’s Pearse Doherty said there will be €1 billion of interest on the bonds every year.

As it happened: Michael Noonan and Brendan Howlin on promissory note deal From TheJournal.ie
Live Feb 7th 2013, 3:55 PM

As it happened: Michael Noonan and Brendan Howlin on promissory note deal

Kenny: First payment on new Government bonds in 2038
# Promissory Notes
From TheJournal.ie
# Promissory Notes

Kenny: First payment on new Government bonds in 2038

Feb 7th 2013, 3:21 PM 9,383 Views 76 Comments

The final payment of the bonds that replace the promissory notes will take place in 2053.

In full: 'The annual promissory note payments are gone' - Enda Kenny
# Promissory Notes
From TheJournal.ie
# Promissory Notes

In full: 'The annual promissory note payments are gone' - Enda Kenny

Feb 7th 2013, 2:57 PM 22,274 Views 154 Comments

The Taoiseach’s full speech to the Dáil on the revised promissory note arrangements which will see the IOUs replaced with long-term government bonds.

TDs question lack of debate on promissory notes
# Promissory Notes
From TheJournal.ie
# Promissory Notes

TDs question lack of debate on promissory notes

Feb 7th 2013, 2:16 PM 4,287 Views 51 Comments

Deputies Micheál Martin and Peadar Tóibín both criticised the lack of facility for debate on the issue in the Dáil today.

Draghi says ECB "took note" of IBRC liquidation
# Promissory Notes
From TheJournal.ie
# Promissory Notes

Draghi says ECB "took note" of IBRC liquidation

Feb 7th 2013, 2:14 PM 5,986 Views 22 Comments

The European Central Bank President said that no decision has been taken on the IBRC promissory note.

Supreme Court adjourns promissory note appeal as TDs seek to join case
# Promissory Notes
From TheJournal.ie
# Promissory Notes

Supreme Court adjourns promissory note appeal as TDs seek to join case

Feb 7th 2013, 1:33 PM 6,777 Views 44 Comments

David Hall says his case concerns issues wider than that of the €3.06 billion payment due in March that now appears unlikely following the liquidation of IBRC overnight.

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