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By Marlene Y. Satter, AdvisorOne |
September 20, 2012
Ireland’s bonds have been the second-best-performing in the eurozone in 2012, but a Citigroup economist says that the country’s hopes to avoid debt restructuring by raising money in the markets are premature.
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By Marlene Y. Satter, AdvisorOne |
May 9, 2012
Alexis Tsipras of the Syriza party in Greece has given leaders of other parties an ultimatum: reject the bailout and its tough conditions, or be shut out of the government.
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By Marlene Y. Satter, AdvisorOne |
April 20, 2012
With support for the current Irish government falling, an upcoming referendum on acceptance of the latest E.U. fiscal treaty could be at risk as support for the opposition rises.
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By Marlene Y. Satter, AdvisorOne |
April 12, 2012
A move by the Irish government in March to buy Irish Life Assurance for 1.3 billion euros ($1.7 billion) could jeopardize its attempt to keep 30 billion euros in debt off its balance sheet, after the deal changed the status of a special-purpose vehicle that owns the debt.
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By Marlene Y. Satter, AdvisorOne |
March 30, 2012
Ireland will make a scheduled payment of 3.1 billion euros to the Irish Bank Resolution Corp. at the end of March with a bond, not with bailout cash.
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By Marlene Y. Satter, AdvisorOne |
October 27, 2011
The deal brokered by the euro zone nations to save Greece from default has opened a window of opportunity for Ireland in which Dublin may seek relief for its own wounded economy.
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By Marlene Y. Satter, AdvisorOne |
July 13, 2011
Moody's downgraded Ireland's debt to junk status as the EU pondered options to deal with the crisis in Greece.
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By Marlene Y. Satter, AdvisorOne |
February 11, 2011
Moody’s Investors Service on Friday downgraded the unsecured, unguaranteed senior debt of six Irish banks in the wake of news that the outgoing Irish government would not fund banks before it left.
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By Marlene Y. Satter, AdvisorOne |
February 10, 2011
The outgoing Irish government has dropped a bomb on the incoming politicians, declining to recapitalize the nation’s banks and leaving it to the opposition to decide if and when banks should be funded.
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By John Sullivan, AdvisorOne |
December 23, 2010
Government wins court approval for 93% stake.