IrishCentral Irish Central Bank - b5cc3275d518416eacb61d676e8d84d1

Truth behind the debt deal with the European Central Bank on Anglo Irish (IrishCentral)

Thu, 14 Feb 2013 04:01:34 PST

Finance Minister Michael Noonan and Minister for Public Expenditure Brendan Howlin at a press conference last Thursday What a week! You will have read about the dramatic events in Ireland last week, culminating in a deal with the European Central Bank that the government claims is a significant victory in our battle to get some of the massive debt burden we carry lifted off the nation's shoulders The deal means that our borrowing will be cut by €20 billion, the headlines said The hated annual €3 billion promissory note payments over 10 years are being replaced by a much longer 25 to 40 year repayment schedule which will significantly lessen the amount we have to repay every year That is a big relief because these promissory notes were a noose around our necks READ MORE

Enda Kenny announces deal on Anglo-Irish debt with European Central Bank (IrishCentral)

Thu, 07 Feb 2013 04:07:41 PST

By: PATRICK COUNIHAN

Irish leader Enda Kenny has announced a deal with the European Central Bank which will convert the former Anglo Irish bank debt of €28 billion into long term bonds. The interest rate will drop from 8 per cent to 3 per cent with much longer to pay.

Ireland’s Central Bank figures show deposits have risen over two years (IrishCentral)

Wed, 03 Oct 2012 12:24:00 PDT

By: DARA KELLY

New Central Bank figures show that for the first time in over two years the level of private sector deposits is growing on a year-on-year basis.

Ireland’s Central Bank figures show lending to smaller businesses is down (IrishCentral)

Wed, 12 Sep 2012 01:17:11 PDT

By: DARA KELLY

Figures from the Central Bank show that lending to small and medium enterprises (SMEs) fell by
€390 million to €26.6 billion in the second quarter of 2012.

Central Bank boss says US is partially to blame for Ireland’s economic crisis (IrishCentral)

Tue, 15 May 2012 05:08:16 PDT

By: FRANK MURPHY

The Governor of Ireland’s Central Bank has been bravely waving the flag in London for further financial integration across Europe, despite the Euro zone hardships being felt by the people of Greece, Spain, and elsewhere, and in his own country, of course.

Central Bank's Occupy policy enrages local business owners (IrishCentral)

Mon, 13 Feb 2012 05:04:36 PST

By: ANTOINETTE KELLY

Central Bank Governor Patrick Honohan angered business owners after saying last week that while he didn't welcome the Dame Street protesters, he had no plans to take action against them.

Irish Central Bank releases €10 coin to mark 90-year anniversary of Michael Collins’ death (IrishCentral)

Thu, 05 Jan 2012 05:08:23 PST

By: ANTOINETTE KELLY

In commemoration of the 90th anniversary of Michael Collins’ death, the Irish Central Bank announced recently that it will be releasing a special €10 coin in Collins’ honor. Collins, the face of Irish independence at the time, died in 1922 during an ambush at Béal na mBláth.

'Occupy Dame Street' protesters are speaking truth - Irish Central Bank caused economic collapse - VIDEO (IrishCentral)

Tue, 11 Oct 2011 04:45:16 PDT

Speaker takes the stage on Dame StreetNow that the occupied Wall Street protest has spread to Ireland there is no doubt that further demonstrations will take place in Dublin given the size of the crowd who attended the first weekendThere is no question that Ireland has suffered more than its share of economic misery in the past two years and the large number of demonstrators who showed up on the weekend clearly reflect thatThe choice of the Central Bank building in Dame Street is particularly important it was Central Bank mismanagement that triggered the original crisisThey appear to have had no clue that the economy was dramatically overheating and that the construction industry in particular was entering a massive bubble phase READ MORE

Ireland’s Central Bank reports - recovery still faces challenges (IrishCentral)

Wed, 05 Oct 2011 05:16:53 PDT

By: ANTOINETTE KELLY

Ireland's exports are part of the key to its economic recovery, but weak consumer demand continues to weigh on the troubled euro-area economy, Ireland's central bank announced on Tuesday.

European Central Bank says $80 billion needed to prop up Irish bank (IrishCentral)

Sun, 27 Mar 2011 05:34:41 PDT

By: CATHY HAYES

In anticipation of bank stress results next Thursday, The European Central Bank (ECB) is developing an emergency plan to support Irelands' ailing financial system, according to the Irish Times.

Irish Central Bank expects Ireland to take EU-IMF loan as talks begin (IrishCentral)

Thu, 18 Nov 2010 03:07:03 PST

By: CATHY HAYES

As a team from the European Commission, the International Monetary Fund and the European Central Bank arrive for talks at the Department of Finance and our Central Bank it is expected that Ireland will accept a loan worth tens of billions of dollars to aid its crippled economy.

Irish Central Bank says Ireland will exit recession in 2010 (IrishCentral)

Fri, 29 Jan 2010 07:45:22 PST

By: KELLY FINCHAM

The Irish Central Bank says Ireland should exit recession in the second half of 2010.

Irish Immigrants of the Emigrant Industrial Savings Bank (IrishCentral)

Sun, 08 Mar 2009 09:55:23 PDT

By: TOM DEIGNAN

Kevin J. Rich (with the assistance of Marilyn Sieberman) recently completed "Irish Immigrants of the Emigrant Industrial Savings Bank." This limited edition lists the actual banking data of mostly Irish immigrants whose account numbers were 2501 to 7500. This might seem dull but many of these entries reveal fascinating details about how and why the Irish came to New York, where they came from and where they settled. ($29.99 / 382 pages / Broadway-Manhattan)