Ireland
EU stress tests detail exposure to Piigs debt
Stress tests show which banks are heavily exposed to riskiest sovereigns
Estonia upgraded on euro accession; Ireland knocked down on banks’ weakness
Fitch lifts Estonian credit rating two notches, citing benefits of eurozone membership and strong fiscal performance; Moody’s downgrades Ireland on poor growth projections, worries over bad bank
Central Bank of Ireland – Payment and Securities Settlements System Infrastructure Report (July 2010)
Irish central bank’s report on payments and settlements shows country is behind Europe in transition to electronic payments systems
Irish central bank sees profits more than double
Central Bank of Ireland 2009 Annual Report shows profits rose past the $1 billion mark last year
Ireland’s bad bank forced to slash profit forecast
Ireland’s National Asset Management Agency says €4.8 billion profit estimate was based on exaggerated figures from banks; chairman Frank Daly “disappointed and disturbed” by banks’ distortion
Ireland’s Honohan to criticise central bank’s role in crisis: reports
Irish media say report authored by central bank chief Patrick Honohan will charge his own institution and the financial regulator with having failed in the lead up to the country’s banking crisis
Missed mortgage payments spike in Ireland
Thirteen percent of mortgage payments overdue by more than 90 days; chief regulator Matthew Elderfield says there is no simple solution to the problem
Ireland’s Honohan says bank and government partnership key
Central Bank of Ireland governor Patrick Honohan says co-operation between banks and state is essential to credit markets
Finnish housing rebound larger than neighbours'
Finnish central bank report shows housing market was boosted by low interest rates but remains well below its pre-crisis peak
Cracks emerge over ECB’s bond purchases
Bundesbank head and ECB leadership candidate Axel Weber criticises central bank’s entry into bond markets, analysts disagree on whether intervention justified
Sovereign troubles will drag banks down: Moody's
Ratings agency says sovereign downgrades in the southern eurozone could lead to decline in banking sector, further spending cuts will exacerbate problem
Ireland sets pace with governance reform proposals
The Central Bank and Financial Services Authority of Ireland release proposals to end poor practices at financial institutions
Elderfield: bank recapitalisation costs manageable
Central Bank of Ireland head regulator suppresses fears over banking costs
Greece’s $40 billion bailout an improvement, but issues remain
Markets soothed as firm details of Greek rescue plan are announced, eurozone will provide €30 billion at discounted 5% rate for year forward, analysts less convinced
Ireland’s bad bank worse than expected
Details of the National Asset Management Agency spook markets as commentators worry over whether the agency is structurally sound, Anglo Irish bailout under spotlight
Ireland’s Elderfield: Consumer comes first
Matthew Elderfield discusses the lessons learnt from the financial crisis, and how new regulations will place the consumer interests before the banks
Central Bank of Ireland – Developments in Private Sector Credit
Irish central bank’s note shows private sector credit continued to shrink, and lending both to banks and non-banks dropped in the final quarter of 2009
Investors confident in Ireland’s budget cuts: Honohan
Irish central bank governor Patrick Honohan says the proof of investor confidence in the country’s plans for fiscal consolidation is in the interest rates on government paper
Ireland wrongly accused over funding family trips
Spending watchdog admits error over claims central bank paid for 52 spouses to travel on single visit, but Honohan bans future junkets
Merger has begun confirms Irish CB
Ireland’s central bank says preparations for full integration with regulator have started as proposed legislation gathers steam
Irish regulator’s pay “rubs salt in the wounds”
Half of Ireland’s central bank to strike over pension levy; staff treated “obscenely” as executive’s pay jumps €150,000
Ireland needs clearer macroprudential mandate: OECD
OECD calls for the development of more effective macroprudential instruments
Ireland hints at IMF intervention in bid to slash costs
Irish health minister Mary Harney suggests IMF will make drastic cuts if the government cannot rein expenditure in
Ireland’s Honohan: restore, not reinvent
Governor uses first speech to hark back to 2000 as benchmark for Irish economy