Tag Archives: Fianna Fail

Ireland Economy in free-fall, GNP falls 5%, is collapse looming?

While the global economy is enduring some of the greatest uncertainty in almost a century, the economy of the Republic of Ireland has been among the worst affected. The Irish Government today announced that the economy contracted by 5% up … Continue reading

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Ireland raises tax to pay for bank bailout

The 2009 budget in ireland was announced on October 14th 2008. Following the complete collapse of their property driven tax base and the recent €400billion bailout of their banking system, the Minister for finance Brian Lenihan has placed an additional

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Ireland Government bail out of ALL irish banks.

The Irish banking system effectively collapsed this week following a flood of cash out of the country in the wake of the rejection of the rescue plan for the US banks in Washington on Sunday night only to be resurrected … Continue reading

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