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Ireland Greece News. Service for global professionals. Constantly updated news and information about Ireland.
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Latest Ireland Greece News

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  • Greece Rattles the Euro Zone 10 Dec 2009 17:22 GMT
    ... As the global financial crisis rocks Greece, Europe faces a question as basic as ... all? On Dec. 8, Fitch Ratings downgraded Greek government debt, based on new estimates that ... economies growing. But the likes of Spain, Ireland, and Greece needed tighter policy to keep ...

  • EU officials: Greece must fix own economy 10 Dec 2009 17:40 GMT
    ... reluctant Thursday to promise help to debt-saddled Greece, saying it was up to Athens to ... liquidity to banks, such as those in Ireland. Irish Finance Minister Brian Lenihan said this sort of ...

  • Defeated Irish meet savage cuts with grim acceptance 13 Dec 2009 16:11 GMT
    ... in the soaring deficit. Photo / AP Ireland has moved steadily through the five stages ... guarantees. Plunging tax revenues have forced the Irish Government to borrow almost €500 million ($1000 million) ... face reality have seen Ireland competing with Greece as the highest-priced and riskiest borrower in ...

  • In Ireland, fresh savage spending cuts are met with grim acceptance 13 Dec 2009 00:31 GMT
    ... no choice but savagery. The scale of Ireland's collapse from boom to bust has been ... guarantees. Plunging tax revenues have forced the Irish government to borrow almost €500m a week to ... face reality have seen Ireland competing with Greece as the highest-priced and riskiest borrower in ...

  • EU Urges Greece to Fix Budget, Backs Papandreou Plan 11 Dec 2009 11:57 GMT
    ... Neuger and Jonathan Stearns leaders called on Greece to get to grips with its fiscal ... no possibility of a default for Greece.” Greek markets continued to recover lost ground, with ... since concern flared early this year that Ireland might default. For now, the EU’s tactic ...

  • Threat of Greek default giving EU a real headache 18 Dec 2009 01:54 GMT
    ... ruinous contagion effect on other debt-dependent states, Ireland among them, as well as Portugal, Italy ... from directly purchasing debt from governments, recent Irish experience shows the domestic banks can use ... worries about Greece. If swingeing cutbacks in Dublin are not without human consequences, receiving minimal ...

  • Dollar Rises as Greek Downgrade Fans Safety Demand; Stocks Fall 17 Dec 2009 11:49 GMT
    ... of Greece SA, the nation’s biggest lender, slipped 2.5 percent in Athens. Bank of Ireland Plc and Allied Irish Banks Plc declined at least 3 percent in Dublin. fell 0.9 percent. Westpac Banking Corp. dropped 1.1 percent in Sydney and China Overseas ...

  • Trouble in Greece, Ireland, Austria shows financial turmoil is far from over in the eurozone 16 Dec 2009 22:14 GMT
    ... Trouble in Greece, Ireland, Austria shows financial turmoil is far from ... quarter. Continuing fiscal and banking struggles in Dublin, Athens and Vienna demonstrate that the stress ... eurozone. Last month, Greek bonds overtook the Irish when Greece's newly elected government shocked markets ...

  • Beware Greeks bearing worry beads - our credit rating could be next 14 Dec 2009 01:52 GMT
    ... of the new socialist finance minister in Greece, George Papaconstantinou. Understandably. Athens this week was ... a lot of countries (he didn’t name Ireland) face the same problems of stimulating growth ... them to dump on their predecessors. The Irish cabinet, however, represents a continuum, with all of ...

  • CORRECTED-WRAPUP 1-Greece vows action on debt under peer pressure 9 Dec 2009 16:41 GMT
    ... Lefteris Papadimas ATHENS, Dec 9 (Reuters) - Greece's prime minister vowed to do whatever it ... to improve the lot of the poor. IRISH EXAMPLE The EU official held up fellow euro zone member Ireland as an example of a country that ...

  • WRAPUP 2-Greece vows action on debt as peers pile on pressure 9 Dec 2009 16:58 GMT
    ... Harry Papachristou ATHENS, Dec 9 (Reuters) - Greece vowed on Wednesday to do whatever it ... met firm demand, other peripheral spreads including Ireland's and Spain's widened in the fallout of ... to improve the lot of the poor. IRISH EXAMPLE The EU official held up fellow euro ...

  • Embattled Greece to overhaul tax system 18 Dec 2009 12:13 GMT
    ... PM seeks opposition backing on deficit plan Greece's new prime minister engaged opposition party leaders ... fiscal deficits and the public debt burden." Ireland slashed pay for state workers, cut welfare ... quarter. Continuing fiscal and banking struggles in Dublin, Athens and Vienna demonstrate that the continuing ...

  • Greek premier says country risks sinking in debt - December 16 17 Dec 2009 17:51 GMT
    ... sinking in debt - December 16 ATHENS, Greece (AP) - Greece's prime minister says the ... country in the eurozone facing debt problems. Ireland, Spain and Portugal all are suffering from ... from extra scrutiny in bond markets. The Irish government last week unveiled a record euro4 billion ...

  • Greek premier says country risks sinking in debt 14 Dec 2009 22:22 GMT
    ... budget deficit, in Athens, Dec. 14, 2009. Greece's debt has soared to a staggering euro ... country in the eurozone facing debt problems. Ireland, Spain and Portugal all are suffering from ... from extra scrutiny in bond markets. The Irish last week unveiled a record euro4 billion ($6 ...

  • EU tells Greece - deliver on promises of economic reforms - Summary 10 Dec 2009 21:00 GMT
    ... Brussels - Greece must deliver on its promises to get ... talking about it this evening." Eurozone countries Ireland and Spain have also come under pressure ... has also cast doubts over Portugal's prospects. Irish Prime Minister Brian Cowen told journalists on his ...


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