Tag Archives: Irish economy

UK offers help to bankrupt Ireland

While the UK is not part of the Euro currency, the Finance Chief in the new UK government has announced that the UK is ready to stand up and help it’s “closest neighbor” “We’re going to do what is in … Continue reading

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Irish Prime Minister (Taoiseach) can now show leadership

Following the collapse overnight of talks between the government and an elite group of social ‘partners’ on measures required to bring the Irish economy back from the brink of bankruptcy, the Irish prime minister, Brian Cowen, will now have an … Continue reading

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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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