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Ireland Financial News is an EIN News Service for political professionals. Constantly updated news and information about Ireland EU Politics.
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Latest Ireland Financial News

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  • Up to 6,000 Irish investors wooed by desert state 28 Nov 2009 03:10 GMT
    ... was hot and the combination helped the Irish psyche [to buy] into it,” one seasoned ... “those who missed the property ladder in Ireland chose to go to Dubai. Looking back ... In terms of the exposure of Irish financial institutions, Bank of Ireland participated in a ...

  • Dubai default fears spook investors 28 Nov 2009 04:31 GMT
    ... Bank stocks tumble on fears over exposure to Dubai ... of the lingering damage wrought by the financial crisis. Banking stocks tumbled on concern about ... would have cost about $360,000. Greek and Irish government five-year credit default swaps also moved ...

  • Irish bank shares creep up despite default fears Investors confident Dubai crisis will not send shockwaves across the world 28 Nov 2009 05:13 GMT
    ... INVESTORS in the two main Irish banks joined their counterparts in other European ... by shrugging off fears that a brewing financial crisis in Dubai could unhinge wider economic ... Dublin to close at €1.64. Bank of Ireland's stock, which had slid 2pc on Thursday, ...

  • financial megalopolis Dubai is bankrupt 28 Nov 2009 14:36 GMT
    ... of uncertainty rippling through markets just as investors thought the worst of the global financial instability was over. The anxiety reached Wall ... product, with Spain not far behind and Ireland struggling with the consequences of a devastating ...

  • Kazakh Bank Lost Billions In Western Investments 28 Nov 2009 02:51 GMT
    ... and a little-known bank that many Western financiers wish had remained so to them. From ... as 80 percent of their value, prompting investigations into why the loans went so bad ... dollars to help finance property developments in Ireland, the global expansion of Icelandic banks and ...

  • Is Dubai a Financial China Syndrome? 28 Nov 2009 13:31 GMT
    ... itself facing bankruptcy, is not finished scaring investors or the markets. Its troubles call into ... , used $10 billion in loans to finance ill-fated projects in Ireland, Iceland, and the United States. In the ...

  • Floundering Kazakhstan Bank Burns Westerners 28 Nov 2009 02:31 GMT
    ... and a little-known bank that many Western financiers wish had remained so to them. From ... as 80 percent of their value, prompting investigations into why the loans went so bad ... dollars to help finance property developments in Ireland, the global expansion of Icelandic banks and ...

  • Ireland - Farm leaders attack banks on credit to farmers 28 Nov 2009 01:11 GMT
    ... Ireland - Farm leaders attack banks on credit ... to farmers when they met Minister for Finance Brian Lenihan for pre-budget meetings. Irish Creamery Milk Suppliers Association president Jackie Cahill ...

  • Dubai's $59 billion default sends tremor through global financial system 28 Nov 2009 11:15 GMT
    ... $59 billion default sends tremor through global financial system Dubai’s announcement on Wednesday that it ... the financial sector had state backstops, “fearful investors have started to worry about how safe ... about how safe sovereign debt is,” citing Ireland and Greece as two examples. The Dubai ...

  • Bank lending 28 Nov 2009 02:53 GMT
    ... A GROUP of chastened bankers came before an Oireachtas ... that lending by the State's three largest financial institutions had been prudent and responsible. Two ... provided a guarantee for the liabilities of Irish banks. It has helped to recapitalise the ...

  • Credit Union to the rescue 28 Nov 2009 04:37 GMT
    ... thrown a welcome life-line by Kilkenny's home-grown financial institution. Not for the first time in ... is the first of its kind in Ireland. It is designed to provide much-needed support ... union. "With the way the economy and banking is gone, businesses are being starved of ...

  • Financier sued by Anglo Irish Bank 28 Nov 2009 05:13 GMT
    ... CORPORATE financier Niall McFadden is being sued by state-owned Anglo Irish Bank for €13.3m and $2.4m (€1.6m). The action relates to his activities as head ...

  • Irish role key to EU revival, says Barroso 28 Nov 2009 02:52 GMT
    ... COMMISSION president José Manuel Barroso has described Irish commissioner Máire Geoghegan-Quinn's work as incoming research ... this will be very well received in Ireland because I know the commitment of Ireland ... facing very big challenges because of the financial crisis, you remain a country very committed ...

  • Editorial: Dubai reveals the fragility of finance 28 Nov 2009 04:02 GMT
    ... a heavily indebted government, but a small financial player. Still, this little pebble in the ... backstops. But, because of these guarantees, fearful investors have started to worry about how safe ... Investors are growing nervous about Greece and Ireland, in particular. Dubai must sort this mess ...

  • Clash of the Northern Ireland property titans 28 Nov 2009 07:13 GMT
    ... the biggest house building firm in Northern Ireland — is understood to be one of ... mortgage', which means if buyers cannot get finance from the banks for the transaction they are still liable ...


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