Ireland

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3 European Countries Grab at Private Pensions

Hungary, Bulgaria, Poland call for citizens' savings

(Newser) - As European governments seek new sources of revenue, private retirement plans are taking a hit. Since most are organized by the state, "European ministers of finance have a facilitated access to the savings accumulated there, and it is only logical that they try to get a hold of this...

Irish Abortion Ban Violates Women's Rights: EU Court

Woman undergoing chemo was unable to get abortion

(Newser) - The European Court of Human Rights today ruled that Ireland’s constitutional ban on abortion violates a woman’s right to proper medical care in life-threatening cases. The Strasbourg, France-based court awarded $20,000 in damages to a Lithuanian woman living in Ireland who was undergoing chemotherapy to treat cancer...

Irish Lawmakers OK $90B Bailout—Barely

Despite cries from opposition, motion passes 81-75

(Newser) - Irish lawmakers have voted to take the $90 billion international bailout fund, an emergency measure designed to keep Europe's debt crisis from getting worse. Prime Minister Brian Cowen won today's motion on an 81-75 vote. He argued that Ireland had no choice but to take loans from the European Union...

Vatican Stonewalled Irish Sex-Abuse Investigation
Vatican Stonewalled Irish
Sex-Abuse Investigation
WIKILEAKS CABLES
Dec 11, 2010 9:09 AM CST

Vatican Stonewalled Irish Sex-Abuse Investigation

Holy See was 'offended' by Dublin's request for info

(Newser) - Ireland's 2009 sex-abuse commission was an excruciating national cleansing—but when the Vatican was called on to help air the clergy's part in the scandal it balked, refusing to let its officials testify. The Holy See even went so far as say many were "offended" by requests for information,...

EU Agrees to $113B Ireland Bailout

New rules for future emergencies also sketched out

(Newser) - European Union nations agreed today to give $113 billion in bailout loans to Ireland to help it weather the cost of its massive banking crisis, and sketched out new rules for future emergencies in an effort to restore faith in the euro currency. The rescue deal, approved by finance ministers...

Europe Markets in Turmoil Over Debt Worries

New concerns (and rumors) center on Portugal, Spain

(Newser) - Authorities across Europe rejected a report that a Portuguese bailout would cut the risk of Spain needing similar action, the Wall Street Journal reports. A German paper had cited German finance ministers in the matter, but the ministry, Portugal, Spain, and the European Commission all said Portugal wasn’t being...

Irish Citizens Pay the Price for 'Sins' of Bankers
Irish Citizens Pay the Price
for 'Sins' of Bankers
paul krugman
Nov 26, 2010 12:11 PM CST

Irish Citizens Pay the Price for 'Sins' of Bankers

Paul Krugman: Austerity programs aren't working anyway

(Newser) - "Private wheeler-dealers" caused Ireland's mess, but the Irish government has been punishing its citizenry for three years now with austerity programs to repay the debt incurred, writes Paul Krugman. This pain is necessary to restore confidence, say all the "wise heads," even though the deep spending cuts...

Horses Starving in Cash-Strapped Ireland

Some 20K have been abandoned in sad herds

(Newser) - Among the hardest-hit victims of Ireland's economic crisis are the nation's beloved horses, who have been abandoned by the thousands and face a winter of starvation. Unwanted horses have driven the price for them so low that it's now cheaper to buy a new horse than to pay a vet...

IMF: Ireland Should Cut Taxes—for Women

'Sexist' plan slammed as austerity budget unveiled

(Newser) - The International Monetary Fund has proposed a range of measures to help Ireland restore its economy to health and some Irishmen are finding one in particular hard to swallow. The IMF recommends that the country cut income tax rates by 5%—for women only. Economists say this would boost the...

Irish Government Collapses After Bailout Deal

Brian Cowen says he will call election after budget passed

(Newser) - The bailout deal that Ireland's government reluctantly agreed to over the weekend has come too late to save at least one Irishman's job. Prime Minister Brian Cowen's ruling coalition has fallen apart and he has promised to dissolve the government after the country's 2011 budget is passed in December, the...

EU Agrees to Ireland Bailout
 EU Agrees to Ireland Bailout 
UPDATED
Nov 21, 2010 2:56 PM CST

EU Agrees to Ireland Bailout

'Tens of billions' will shore up foundering banks

(Newser) - Ireland officially hit the EU up for a loan today, after weeks of denying its debt-ridden banks needed a bailout. European Union finance ministers quickly agreed to the bailout, saying it "is warranted to safeguard financial stability in the EU and euro area." The amount remains to be...

Ireland: OK, OK, We'll Take the Bailout

'It will happen, absolutely,' says Central Bank governor

(Newser) - Ireland finally dropped the denial act today, with central bank chief Patrick Honohan saying that, yes, fine, the country would take a bailout from Europe and the IMF. “It is my expectation that will happen, absolutely,” he said. “It will be a large loan, because the purpose...

Europe Works Out $135B Irish Rescue Deal

...Even though Ireland insists it doesn't want to be rescued

(Newser) - Senior European financial officials emerged from a meeting in Brussels yesterday saying they were “intensifying preparations” for an Irish bailout of up to $135 billion. IMF experts will head to Dublin this week to examine the country’s finances and work out the details, the Wall Street Journal reports....

Bailout of Ireland Looks Likely
 Bailout of Ireland Looks Likely 
Nov 13, 2010 4:36 PM CST

Bailout of Ireland Looks Likely

EU fears a delay will bring another Greece-like crisis

(Newser) - Ireland is under heavy pressure to take a bailout before its financial troubles spread to other members of the European Union, reports the Wall Street Journal . Dublin is balking because of the handcuffs and political embarrassment that would come with it, but EU authorities don't want to a repeat of...

Execs Busted for 'Office Babe' Email

PricewaterhouseCoopers men aimed to rank 'top10'

(Newser) - Accounting behemoth PricewaterhouseCoopers is roiling in controversy after a group of executives distributed a photo-heavy email ranking the top babelicious workers in the Dublin office. "We are taking this matter extremely seriously and are launching a full investigation," said a company spokesman of the email, distributed among 17...

Real IRA: We'll Bomb 'Criminal' UK Banks

Promises to attack England despite thin ranks

(Newser) - The Real IRA says it has regrouped, and plans to intensify its terrorist campaign, targeting “military, political, and economic targets,” including banks both in Ireland and in England. In an interview with the Guardian, the group trotted out a new anti-capitalist message, calling bankers “criminals,” and...

Irish Prime Minister: I Wasn't Drunk In Interview

But opposition says that's how he sounded

(Newser) - You know it probably wasn't the interview of your life if rivals call you out for having been smashed while giving it, but Irish Prime Minister Brian Cowen says he was not—repeat was not—drunk during a live radio interview yesterday morning. The rumor started when an opposition party...

'Bloody Sunday' Report Blames British Soldiers

PM David Cameron apologizes to Irish victims of 1972

(Newser) - Relatives of 13 Irish demonstrators shot to death by British troops on Northern Ireland 's Bloody Sunday cried tears of joy today as an epic fact-finding probe ruled that their loved ones were innocent and the soldiers entirely to blame for the 1972 slaughter. The investigation took 12 years and...

Irish Aid Ship Braces for Showdown With Israel

Stocks up on cameras to beam out satellite images

(Newser) - An Irish aid ship bound for Gaza has changed course and headed for port so it can stock up on video cameras and satellite transmission equipment before its inevitable confrontation with the Israeli Navy, a Free Gaza activist tells CNN . They're hoping that Israeli soldiers will behave if they know...

Shocked Parents Learn They're Half-Siblings

Irish couple struggles to cope with bombshell

(Newser) - An Irish couple with a young son is reeling after learning that they're half-siblings. "We really hit it off," the man, who asked to be called James, tells the Irish Mail on Sunday about meeting his partner. "After a week it felt like we’d known each...

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