The International Monetary Fund (IMF) has welcome the recent European banking stress tests in a press release dated found here.
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Euro Crisis Continues: Eight Banks Fail Stress Tests
EconomyEight of 90 banks this week failed a banking stress test, having a combined shortfall of €2.5 billion.
Finance Minister: EU and IMF loan profits “excessive”
EconomyIt was reported today that the EU and IMF stand to gain as much as €9billion in profit over the course of the €67.5billion bailout loan.
Buy-to-let mortgages 25% of home loans market
NewsAccording to recent figures released by the Central Bank, almost a quarter of all households in Ireland are linked to buy-to-let mortgages.
Weakening economy could necessitate second bailout loan for Ireland
NewsA worsening of the economic outlook could force a second Irish bailout loan.
Deepening of Euro financial crisis may hit Ireland
NewsEconomists have warned a deepening of the Euro debt crisis could hurt the Irish economy.
Loans to consumers continue to decline
NewsLoans to consumers in Ireland have continued to decline.
ISME: Banks reject majority of small business loans
NewsNAMA mortgage loans
NewsThe Chairman of NAMA Frank Daly has stated that NAMA may in the future provide mortgage finance to Irish home-owners.
Bailout Renegotiation & A Tense Week Ahead for the Irish Economy
NewsThe week ahead is likely to be a tense one in the Irish financial markets. The weight of the banking crisis and a poor reputation weighs heavily round the neck of Ireland’s chances of economic regeneration.