Juncker unveils €300bn investment plan to kick start EU growth

European Commission President Jean-Claude Juncker presented a plan today to leverage some €300bn of largely private new investment in the European Union, saying it was time to kick-start growth without adding to public debt. Underlining the need to maintain efforts […]

Centralised debt register is still two years away

IT will be at least another two years before a register of all the debts of each consumer and company is in place, it has emerged. This is despite demands from the EU Commission as far back as 2010 that […]

Fifth Kilkenomics festival attracts bumper line up of speakers

Ellen Brown, a co-founder of the US-based Public Banking Institute, doesn’t mince her words. She’s among the speakers at the fifth Kilkenomics festival, which began yesterday. “My purpose in being there and what I hope to introduce is that you […]

ECB chiefs set to snub our probe into bailout

The letters, which include a threat to cut off funds if Ireland did not apply for a bailout, drew fresh calls for the Frankfurt-based ECB to send representatives to the imminent banking inquiry. Mr Trichet, who directly dealt with the […]

Banks told to cut ‘sky-high’ mortgage rates

The claim was made after the European Central Bank (ECB) again left its key lending rate at close to zero. The decision to leave the rate at a record low was widely expected after the ECB cut it to a […]

More lending choice as peer-to-peer financer launches in market

CoFunder, which has been operating in Northern Ireland since June, has received regulatory backing from the UK’s Financial Conduct Authority, and the firm’s chief operating officer, Aidan Doherty, thinks the Central Bank should start regulating the peer-to-peer finance industry here. […]

Beware: workplace accidents more likely today

New figures released by the Injuries Board reveal that the amount of compensation awarded by the Board rose 9pc in 2013 when compared to 2012. The average amount awarded rose too, from €27,286 in 2012 to €28,886 last year. “Our […]

‘I think the ECB letters speak for themselves’ – Finance Minister Michael Noonan

Mr Noonan said the banking inquiry would reach a conclusion on any such issues, before adding: “I think the letters speak for themselves”. Mr Noonan’s comments come after the letter was published today. The European Central Bank threatened to cut […]

PTSB kicks off roadshow after failing stress test

The bailed-out bank will hold a series of meetings – dubbed a “non-deal roadshow” – with investors over the coming two to three weeks. The talks are aimed at reintroducing the bank to private investors ahead of the planned sale […]

Ireland to record highest growth of any EU economy this year at 4.6pc

But it slashed its growth forecast for the Euro area, and predicts no near term let up to high unemployment and low inflation. The latest economic indicators from the Commission are that the Euro Area will avoid a new currency […]

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