A proposal under discussion by Klaus Regling and other senior European officials to create a Nama-like ‘bad bank’ to buy out bad loans weighing down Europe’s banks could boost the Government’s hopes of selling shares in AIB this year, according to an Irish expert.
Wed, 01 Feb, 2017
Trinity College professor Philip Lane has joined a chorus of senior figures in criticising the decision not to burn bondholders as part of the 2010 troika bailout, saying the burden of the programme fell unfairly on Ireland.
Thu, 22 Jan, 2015
Ireland’s attempt to get a deal on historic bank debt is unlikely to be addressed until the end of this year at the earliest and will be considered alongside the potential sale of State-owned banks, Finance Minister Michael Noonan has said.
Fri, 07 Mar, 2014
The institutional shortcomings of the eurozone have been cruelly exposed over the past four years. These have, in part, been addressed through the creation of a banking union and a bailout fund — the European Stability Mechanism.
Thu, 15 Aug, 2013