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14 July 2010 Minister of Finance, Mr. Brian Lenihan, TD, Welcomes Assessment of the Irish Economy by the IMF |
Minister of Finance, Mr. Brian Lenihan, TD, Welcomes Assessment of the Irish Economy by the IMF The Minister of Finance, Mr. Brian Lenihan TD, welcomed the publication today (14 July 2010) by the Executive Board of the International Monetary Fund (IMF) of the Staff Report for the 2010 Article IV Consultation on Ireland. Today's IMF Staff Report sets out the detail of all of the issues which were previously presented in the Concluding Statement of the IMF Mission, published on [view more...] |
15 June 2010 Consumer Credit Directive |
Consumer Credit Directive The Minister for Finance, Mr Brian Lenihan, TD, has signed into domestic law the Statutory Instrument which transposed Directive 2008/48/EC of the European Parliament and of the Council on credit agreements for consumers [view more...] |
09 June 2010 Banking Reports Statement by the Minister for Finance |
Statement by the Minister for Finance Mr. Brian Lenihan T.D., said: “The Government has now agreed that the Oireachtas consider these reports. In this context, I understand that Joint Oireachtas Committee on Finance and the Public Service intends to invite the authors of both reports to appear before it and elaborate on their [view more...] |
31 May 2010 Banks Statement by the Minister for Finance – 31st May, 2010 |
Banks Statement by the Minister for Finance – 31st May, 2010The Minister for Finance, Mr. Brian Lenihan, TD has confirmed today that an additional €2 billion is being made available to Anglo Irish Bank to support the capital position of the bank. This capital injection is in line with the Minister's statement to the Dáil on the 30th March 2010, when he pointed out that the bank would need further capital to cover future losses and accomplish the restructuring of the bank and its [view more...] |
26 May 2010 Appointment of Mr. Steven Seelig to the Board of National Asset Management Agency (NAMA) |
Appointment of Mr. Steven Seelig to the Board of National Asset Management Agency (NAMA) The Minister for Finance has today appointed Mr. Steven Seelig to the Board of NAMA. Mr. Seelig has been available to provide advice, in a personal capacity to the NAMA Board since NAMA's establishment in December 2009. The Minister stated: “I am delighted to announce the appointment of Mr. Seelig to the Board of [view more...] |
18 May 2010 National Treasury Management Agency Bond Issuance |
National Treasury Management Agency Bond Issuance The Minister for Finance, Mr. Brian Lenihan T.D. welcomed today's successful bond issuance by the National Treasury Management Agency (NTMA): "I welcome the National Treasury Management Agency's bond issuance today. The bonds offered in the auction were a 4 year and 10 year bond worth up to €750 million each and these bonds received bids of over 3 times the maximum amount on offer. Today's auction brings the total funds raised from the bond [view more...] |
29 April 2010 National Solidarity Bond |
National Solidarity Bond The Minister for Finance, Mr. Brian Lenihan T.D., welcomed today's announcement by the National Treasury Management Agency of the details of the National Solidarity Bond:“I am very pleased to launch the National Solidarity Bond, which I announced in my Budget 2010 speech. [view more...] |
25 April 2010 Minister for Finance welcomes Bank of Ireland's Announcement |
Minister for Finance welcomed the announcement today that Bank of Ireland, intends to raise €3.4 billion of equity capital, subject to shareholder approval. The Government has agreed that the NPRFC will enter into a transaction with Bank of Ireland which will form part of this capital raising exercise. [view more...] |
22 April 2010 Technical Reclassification of the 2009 General Government Deficit |
Technical Reclassification of the 2009 General Government Deficit The Minister for Finance, Mr. Brian Lenihan T.D., noted the publication of the Maastricht returns by Eurostat today and said: “As a result of a technical reclassification associated with Government support provided to the banking sector, the headline deficit for 2009 is 14.3% of GDP. [view more...] |
22 April 2010 Information Note on Ireland's Reported 2009 General Government Deficit |
Information Note on Ireland's Reported 2009 General Government Deficit.The underlying General Government deficit for Ireland for 2009 is 11.8% of GDP. However, for technical reclassification reasons associated with the banking sector, the headline deficit is 14.3% for 2009 as set out in the Information Note below. It is important to point out that there is [view more...] |
30 March 2010 Banks Statement by the Minister for Finance – 30th March, 2010 |
Banks Statement by the Minister for Finance – 30th March, 2010 IntroductionThis country has come a long way since we introduced the State guarantee 18 months ago. Back then, our banks were on the brink of financial collapse and our economy had gone into reverse. Revenue had fallen steeply and unemployment had risen sharply. [view more...] |
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