Tuesday, February 09 2010

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Ex-RTE editor to get full salary if he returns

Tuesday February 09 2010

GEORGE Lee will return to RTE on his full salary -- even though he will not be allowed to immediately return to an editorial position because he is politically tainted.

LOOKING FORWARD: Irish MEPS Pat 'The Cope' Gallagher, Marian Harkin and Liam Alyward with MEP George Lyon, meet Brendan Smith TD to discuss the future of the CAP

MEP pushes for a phased SFP move

Tuesday February 09 2010

Any move away from the historic means of establishing farmers' Single Farm Payment (SFP) entitlements must be done on a phased basis, a leading member of the European Parliament's agriculture committee has insisted.

Ruth Dudley Edwards: Short was hardcore in dishing the dirt

Sunday February 07 2010

'What did you think of Clare Short's evidence to the Iraq inquiry?" asked a friend the other night. "Hardcore, wasn't it?"

Global crisis threat as states' debts balloon

Saturday February 06 2010

WELL, now we know what would have happened. Back in the early part of last year, the most frequently asked question here in Ireland was: "Will the IMF (International Monetary Fund) come in? Will the EU/ECB come to the rescue? What will the conditions be?"

The house that Huf built

Friday February 05 2010

Johnny Cash's 'Forty Shades of Green' understates the position here nowadays with environmental issues ruling the roost. But brace yourself for a new hue -- and a 'green (r)evolution' to boot.

Leadership 'mutterings' drive Kenny to hold talks

Friday February 05 2010

Fine Gael leader Enda Kenny is to hold one-to-one meetings with all his TDs and senators -- at a time when there are renewed internal mutterings about his leadership.

AIB and BoI need to raise €6.3bn -- analysts

Friday February 05 2010

The country's two largest banks will need to raise a combined €6.3bn to leave their capital ratios at minimum acceptable levels, as they write down almost €24bn of loans over the course of the financial crisis, according to analysts at Davy.

Dutch central bank governor Nout Wellink

McCreevy was irresponsible, says Dutch banker

Friday February 05 2010

DUTCH central bank governor Nout Wellink accused EU Financial Services Commissioner Charlie McCreevy of an "irresponsible" reaction to his objection to the splitting up of ABN Amro bank in 2007.

First toxic loans transferred to NAMA at 40pc discount

Thursday February 04 2010

THE first tranche of toxic loans from two key lenders being transferred into the State's 'bad bank' are set to be worth up to 40pc less than their original value, the Irish Independent has learned.

EU Monetary Affairs Commissioner Joaquin Almunia. Photo: Bloomberg News

EU orders Greece to cut public sector wages in deficit battle

Thursday February 04 2010

GREECE has been told to cut public sector wages and save 10pc of current spending in a contingency fund as part of an EU-approved plan to cut its budget deficit.