It has been revealed that thousands of families have been unexpectedly hit with huge inheritance tax bills this year as rising property prices push them over exemption limits.
Central Bank Governor Patrick Honohan urged the Department of Finance to block payments to junior bondholders in the former Anglo Irish Bank, the Irish Independent has learned. His intentions were revealed in a series of emails.
The businessman Denis O'Brien allegedly made four attempts to extend a loan with the former Anglo Irish Bank and eventually got an extra 12 months to make repayments on €315m he had borrowed, the Dáil was told this week
Independent TDs Catherine Murphy, Stephen Donnelly, and Róisín Shortall are joining forces to set up a new political party, the Irish Independent reveals. The move comes as the Coalition parties squabble over the carve-up of the Budget spoils.
Ireland could lose its sought-after status as a BSE-free country after a case of suspected mad cow disease on a dairy farm. The five-year-old was part of a 120-cow herd belonging to a family who have lived on the Co Louth farm all their lives. The same farm was at the centre of a BSE case in 2002.
Negotiating teams from the IMF and the Greek government left Brussels yesterday, with the IMF blaming "major differences" for the failure of talks.