Ireland

Ireland says IMF backs its plans to refinance loans

Photo

DUBLIN - The IMF is in favour of Ireland refinancing its bailout loans and Dublin would like to begin the process this year if it can get agreement in Europe, finance minister Michael Noonan said on Monday.

UPDATE 1-Ireland says IMF backs its plans to refinance loans 28 Jul 2014

* NTMA eyes buyback/bond swap, may lower cash balances (Adds details, finance minister and debt chief quotes)

Irish debt chief says targeting lower cash balances 28 Jul 2014

DUBLIN, July 28 - Ireland is considering holding lower cash balances than the 12 to 15 months worth it has held for the last two years, the head of the country's debt agency said on Monday.

Irish retail sales fall in June, still up year-on-year 28 Jul 2014

DUBLIN - The volume of Ireland's retail sales fell 1.7 percent month-on-month in June but still stood 4.8 percent higher than a year ago, provisional figures from the Central Statistics Office showed on Monday.

Irish central bank raises 2014 economic growth forecast to 2.5 pct 28 Jul 2014

DUBLIN - Ireland's central bank increased its economic growth forecast for 2014 to 2.5 percent from 2 percent on Monday, citing better than expected export growth underpinning a recovery beginning to firmly take hold.

Irish retail sales fall in June, still up year-on-year 28 Jul 2014

DUBLIN, July 28 - The volume of Ireland's retail sales fell 1.7 percent month-on-month in June but still stood 4.8 percent higher than a year ago, provisional figures from the Central Statistics Office showed on Monday.

Ireland to give green light for hedge funds to lend 28 Jul 2014

DUBLIN - Ireland, one of the biggest hubs for funds in Europe, will allow hedge funds based in the country to lend to companies under new rules drawn up by the central bank, the bank said.

Photo

Ireland to give green light for hedge funds to lend 28 Jul 2014

DUBLIN - Ireland, one of the biggest hubs for funds in Europe, will allow hedge funds based in the country to lend to companies under new rules drawn up by the central bank, the bank said.

Photo

Ireland to give green light for hedge funds to lend 28 Jul 2014

DUBLIN - Ireland, one of the biggest hubs for funds in Europe, will allow hedge funds based in the country to lend to companies under new rules drawn up by the central bank, the bank said.

Ireland to give green light for hedge funds to lend 28 Jul 2014

DUBLIN, July 28 - Ireland, one of the biggest hubs for funds in Europe, will allow hedge funds based in the country to lend to companies under new rules drawn up by the central bank, the bank said.

Photo

Israel intensifies Gaza assault, Egyptians revise truce plan

GAZA/JERUSALEM - Israel knocked out Gaza's only power plant and pounded dozens of other high-profile targets on Tuesday, while Egyptian mediators prepared a revised proposal for halting its war with Islamist militants in the enclave. | Video