Ireland
Finance minister McCreevy defends Irish budget
IRELAND - Ireland's Finance Minister, Charlie McCreevy, whose budget was singled out for a reprimand by the European Commission, said in front of euro MPs that he was "amused" by the criticism, especially as other member states had debt to GDP ratios…
Irish cbank sees 2001 growth slowing to 7%
IRELAND - Ireland's central bank said on Mar 28, 2001 it expected the booming Irish economy to experience a slowdown in 2001 GNP growth to around 7.0%, compared to growth of 9.75% in 2000.
ECB plans statement on banking supervision - paper
The European Central Bank plans to issue an official warning to governments not to curb the role of central banks in banking supervision, a German newspaper reported on Mar 14, 2001.
Dublin ECB date in doubt on foot-and-mouth fears
The likelihood of a planned European Central Bank meeting taking place in Dublin later this month was thrown into doubt on Mar 2, 2001 as Ireland stepped up measures against the risk of foot-and-mouth disease
Ireland sets up new financial regulation body
The Irish government said on Feb 20, 2001 it had set up a "radical and innovative" new structure for financial services regulation, linking the Central Bank of Ireland to the Financial Services Authority.
Irish cbank governor nominated for another term
Ireland's Minister for Finance Charlie McCreevy on Feb 16, 2001 said he has formally asked the president of Ireland, Mary McAleese, to re-appoint Maurice O'Connell as governor of the Central Bank of Ireland for another seven-year term. O'Connell, 65,…
ECB Duisenberg says Irish budget out of line
European Central Bank President Wim Duisenberg on Feb. 1 said he shared the European Commission's critical assessment of Ireland's expansionary budgetary policies. The Commission has asked EU finance ministers to issue an unprecedented formal reprimand…
Irish cbank chief stays on for extra time
The governor of the Central Bank of Ireland, Mr Maurice O'Connell, is to remain in office for almost an extra year. Mr O'Connell, who was due to retire on April 30, 2001, having completed a seven year term, will now stay in his post until the end of…
Irish economy 'inconsistent' with rest of EU
The European Union's economic and monetary affairs commissioner, Pedro Solbes, said the Irish economy is "inconsistent" with that of the other member states. The commissioner has warned in the past that inflation is too high in Ireland and that the…
Ireland vulnerable to inflation, slowdown
Ireland's central bank on Tuesday issued its sternest warning yet about the inflation dangers facing Europe's fastest-growing economy and said the country was increasingly vulnerable to a sharp slowdown.
Irish hoarding of coins poses euro problem
The image of the Irish hoarding their untaxed earnings under the mattress may be apocryphal, but a study published on Monday estimated that as much as I£30m (E38.1m) in coins may be kept in jam jars, glass bottles, biscuit tins even in shoe boxes.