...off the State from borrowing at an affordable rate.The National Treasury Management Agency's stark advice is a rejection...
She had also brought posters depicting the minister with two fingers hoisted aloft and a strap-line that read: 'Are...
Enda Kenny witnessed the new strained relations between the EU's heavy-hitters first-hand last night as France and Germany...
Government minister has accused opposition TDs of bullying and harassing the Taoiseach in the run-up to the referendum...
...stresses generated elsewhere and would not be a "sign of Irish failure", the bank said.BNP predicted the economy contracted...
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Minister Michael Noonan said the agency, which manages the country’s borrowing, has given him its "considered advice" that a rejection of the fiscal compact treaty would likely trigger the need for a second bailout. Mr Noonan told the Dáil the advice... Full Article at Irish Examiner
FOR Finance Michael Noonan has defended his remarks about feta cheese and accused the No side of the referendum of “bullying and harassing” the Taoiseach. He also rejected as “completely untrue” remarks attributed to him in the German magazine Der... Full Article at Irish Times
From left, Sweden's Finance Minister Anders Borg, Irish Finance Minister Michael Noonan, Spain's Economy Minister Luis de Guindos and Poland's Finance Minister Jacek Rostowski share a word during a meeting of EU finance ministers at the EU Council... View Photo »
The IMF was not in a position to give unilateral assistance to EU countries, outside the current troika arrangement . . .
IS unlikely to be able to borrow from the international markets on a “sustainable basis” if there is a No vote on the referendum, the Dáil has heard. Minister for Finance Michael Noonan said the National Treasury Management Agency (NTMA) had advised him... Full Article at Irish Times
23/05/2012 - 22:59:18 The Finance Minister has rejected claims made about him in a German publication. Der Spiegel has claimed that Michael Noonan and his Portuguese counterpart attacked Greece at last week's eurozone meeting for "stoking up the fire"... Full Article at BreakingNews.ie
In the Dáil earlier, Michael Noonan was accused by Socialist TD Joe Higgins of supporting economists and agencies who say we must vote no or face isolation. Minister Noonan says the behaviour of those in the NO campaign has been wrong: "The only... Full Article at BreakingNews.ie
Sweden Finance Minister Andreas Borg (L) jokes with Belgian Finance Minister Steven Vanackere (2ndR) with Irish Finance Minister Michael Noonan (C) and Polish Finance Minister Jan Vincent Rostowski (R) prior to an Economic and Financial Affairs meeting on... View Photo »
The figures that [Irish finance minister] Michael Noonan is quoting are encouraging in the sense that the underlying position is a lot better than everyone assumed ... We're certainly heading in the right direction.
Government minister has accused opposition TDs of bullying and harassing the Taoiseach in the run-up to the referendum on the fiscal treaty. Finance Minister Michael Noonan said those urging a No vote on the European deal have tried to stop Mr Kenny... Full Article at Belfast Telegraph
23/05/2012 - 14:47:37 Finance Minister Michael Noonan has told the Dáil that the National Treasury Management Agency has advised him a no vote in the May 31 Fiscal Treaty referendum will "in all likelihood" see Ireland unable to return to the... Full Article at BreakingNews.ie
Ms Tsouros said Ireland had common links with Greece. "There is a danger that we could go down the same road as Greece if we don’t consider how we vote...we have one major parallel, that’s the euro. The second one is that we’re both in the European Union." Full Article at Irish Examiner
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The IMF was not in a position to give unilateral assistance to EU countries, outside the current troika arrangement . . .
We reject entirely the statements from Michael Noonan. It is another attempt to put a gun to the head of the Irish people by threatening more austerity if this treaty is defeated
If there's a 'no' vote, the budget I'll be planning for later in the year will be dramatically more difficult than if there's a 'yes' vote
The figures that [Irish finance minister] Michael Noonan is quoting are encouraging in the sense that the underlying position is a lot better than everyone assumed ... We're certainly heading in the right direction.
They have only been prepared to contribute to a bailout if Europe takes the lead (and) the amount of the IMF contribution depends on the amount of the European contribution
The government is keenly aware that the near term remains challenging and that there are very real risks to the forecasts due to the economic uncertainty within the eurozone
We are pleased that we have met our targets—-all measures have been implemented and the program is on track ... This successful outcome illustrates, once more, the ability and the commitment of the Irish state to implement a challenging program effectively.
The effect of the sale will mean that NAMA will continue to have absolutely no general government impact
The return of the underlying deficit to single figures is a positive development and reflects the very strong progress that has been made in restoring order to our public finances ... This progress has been due to the very significant adjustments that the Irish people have taken over the past number of ...
Of course Bank of Ireland are doing this because they’re going to make money on it... but, you know, they’re entitled to their profit.
I think we've met all our commitments for the quarter. So I suppose the more interesting part will be looking forward
They will be working at it over the weekend
The details of the arrangement ... are being worked out
Those lads walking from Donegal will have to get the bus home
About 17 billion over 25 years.
We don't need a second bailout
We can always pay, we always pay our debts, that's part of the negotiation how we will deal with that payment
In European affairs things go right up till the end
I don't think everything will be sorted but I think we are making progress so we'll stick with it ... But I think there's general agreement that the promissory note was a pretty, pretty bad arrangement and a very expensive arrangement for Ireland and that alternatives can be put in place.
I would like to see a situation where the repayment schedule on the Anglo Irish debt was more affordable and that would mean, in very simple terms, re-engineering the repayment schedule so we would have a longer time to repay at lower interest rates
The European authorities, in line with our talks on the promissory note, have opened a discussion on how best, if we get this deal, the Irish banking system and state will benefit
It is a project, where if we're successful it will be in the medium term rather than immediately
We always fear contagion from events outside our remit and outside our control
They were totally insolvent and their situation is a way worse than our situation. And, of course, the conditions attached to the drawdown of the money are far more rigorous than the conditions that apply to Ireland
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Michael Noonan (politician) and Ireland: Ireland is staring down the barrel of another slash-and-burn budget if the European treaty is rejected by voters, the Finance Minister has warned.
Michael Noonan (politician) and Brussels: Olli Rehn and Michael Noonan at a recent meeting of eurozone finance ministers in Brussels.
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