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Dublin and Brian Lenihan

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S&P cuts back Ireland’s rating for second time

08.06.09
Ireland had its sovereign debt rating slashed for the second time in two months, and was warned it could face further downgrades after Standard & Poor’s said it would cost more than expected to bail out the country’s banks ... more

Allied Irish Banks to raise an extra €1.5 billion

20.04.09
Ireland's largest financial institution, Allied Irish Banks PLC, announced it wants to raise an extra €1.5 billion this year to regain the confidence of global creditors... more

Investors spar over Bank of Ireland bailout

27.03.09
The Bank of Ireland defended its plans for a state bailout against a hail of criticism from shareholders, but admitted it had earlier failed to respond in time to the bursting of Ireland's property bubble... more

Irish emergency budget in the works as unemployment jumps

04.03.09
Ireland vowed to show foreign investors it had a handle on buckling public finances after data showed the country's unemployment rate hitting a near 12-year high in February... more

Shares nosedive after Irish move

16.01.09
Tension in Dublin rose sharply as shares in top Irish banks continued to plummet and bosses at newly nationalised Anglo Irish Bank were met by protesting shareholders with shouts of “out, out, out”... more

Irish banks win softer bailout terms than British lenders

22.12.08
Ireland's big three banks have been handed a €7.5bn state bailout on far better terms than the equivalent £37bn package handed to RBS, HBOS and Lloyds TSB by the British Government... more

Ireland offers hand to crunch-hit banks

01.12.08
Ireland's government has become the latest to offer support to its banks as the country's lenders seek to shore up capital depleted by the global financial crisis... more

Ireland includes UK banks in its £315bn deposit guarantee

02.10.08
The Irish government have changed the law to allow the offshoots of UK banks Royal Bank of Scotland and HBOS in Ireland into its €400 billion (£315.5 billion) deposit-guarantee scheme... more


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