Last week’s debt “deal” could slash €1 billion from tax hikes and spending cuts in upcoming budgets, the Government has asserted. In the Dail, (parliament) the Taoiseach Enda Kenny declared that the IBRC/NAMA merger would reduce state borrowing by €20 billion over the next decade. Also, the agreement has reduced Ireland’s vulnerability from the huge [...]
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Newshighlight from NamaWineLake – a blog concerning itself with NAMA – the National Asset Management Agency – “This week, 99.8% state-owned Allied Irish Banks sold €400m of assets – loans secured on property in Spain – and there wasn’t even a mention of it in the Irish media or at least an online search in [...]
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NAMA group structure.jpg From Wikipedia: “The National Asset Management Agency (NAMA; Irish: Gníomhaireacht Náisiúnta um Bhainistíocht Sócmhainní) is a body created by the Government of Ireland in late 2009, in response to the Irish financial crisis and the deflation of the Irish property bubble. NAMA functions as a bad bank, acquiring property development loans from [...]
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Breaking News, Irish Times – “A large tunnel boring machine brought in by Shell to dig a 4.9km tunnel under Sruwaddacon Bay inland to the Bellanaboy gas processing terminal is stuck at a crossroads in Co Mayo as it is too large to navigate the narrow roads.” The equipment, is still being transported from [...]
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Shell Tunnel Machine leaves Dublin port – WSM Ireland A Tunnel Boring Machine to be used by Shell Oil for the Corrib Oil project left Dublin Port on Sunday night. News of the operation had leaked at the last moment which meant that only a few protesters were present. Campaigners who followed the convoy [...]
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Is The Pen Mightier than the Sword? Photo: (Wiki) – BIC crystal pen Esperanto: Globkrajon, Author: @ Trounce, 26th March 2008 – http://en.wikipedia.org/wiki/File:03-BICcristal2008-03-26.jpg Junior Minister’s Sean Sherlock’s recent SOPA initiative was an attempt to amend the 2000 Copyright Act by means of copying the relevant wording from the 2001/29/EC Directive in the form of [...]
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The Lia Fáil (Stone of Destiny) on the Hill of Tara. Photo: Hill of Tara – the standing stone. Author: Przemys?aw Sakrajda, 11th 7th 2005 http://en.wikipedia.org/wiki/File:Tara_stone.jpg The Lia Fáil (stone of destiny) standing stone, on the Hill of Tara in Co Meath. and a national monument has been vandalised, it was revealed today. According to [...]
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Posters for the Irish European Fiscal Compact referendum, 2012 campaign on lower Ormond Quay in Dublin. Author: Blue-Haired Lawyer, Wikipedia. http://en.wikipedia.org/wiki/File:Irish_Fiscal_Compact_referendum_posters.jpg WSWS Report – With increasing turmoil across the euro zone, the focus on Spain’s ability to borrow on the financial markets and the threat of a Greek exit, has seen Ireland’s economic outlook [...]
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(Euro logo plus character -http://en.wikipedia.org/wiki/File:Euro_logo_plus_character.png) Irish Times / Reuters – Ireland may sell treasury bills within weeks, returning to international debt markets after almost two years. European Central Bank president Mario Draghi said Ireland may be able to return to markets in the "not too far distant future" after last week approving the European Union’s [...]
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A bill to legislate for so called ”living wills” allowing patients to make decisions for themselves has been agreed in the Dáil. The bill will proceed to Committee Stage and will be referred to the Oireachtas Select Sub-committee on Health for further debate. Wexford Deputy Dr Liam Twomey, who introduced the bill, said (RTE) [...]
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