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There had been concern about the impact of Banco Espirito Santo's recent state rescue

Portugal's Millennium bank to repay state loans

Portugal's largest listed bank Millennium BCP said it was repaying €1.85bn in government loans as planned, easing concerns about the sector following the state rescue of a rival lender.

Business • 07 Aug 14

An official said 'It would be like eating a pudding and then trying to put it back again'

Bank recapitalisation 'extremely unlikely'

A senior eurozone official has told RTÉ News that it is "extremely unlikely" that Ireland will be given retroactive support for its banks through Europe's permanent bailout fund.

News • 16 Jun 14

Portugal places bonds at interest rate of 3.25%

Portugal raises more than expected in bond sale

Portugal successfully raised €975m today with its first benchmark 10-year debt issue since emerging from a bailout programme in May.

Business • 11 Jun 14

Portugal economy shrinks ahead of bailout exit

Portugal's economy shrank by 0.7% in the first quarter of 2014 for the first time in a year, official data showed today.

Business • 15 May 14

Standard & Poor's raises the outlook to 'stable' from 'negative' for Portugal's long-term sovereign debt

S&P upgrades outlook for Portugal debt rating

Standard & Poor's upgraded the outlook for Portugal's creditworthiness today.

Business • 09 May 14

European Commission says aid granted by the Government to AIB was in line with European Union rules

EU approves Government aid for AIB

The European Commission has approved billions of euros of Government restructuring aid for AIB.

Business • 07 May 14

The IMF has completed its first post-programme review of Ireland's bailout

Government should stick to €2bn Budget cut - IMF

The International Monetary Fund says the Government should stick to its planned Budget adjustment of €2 billion, to safeguard "hard won credibility".

Business • 02 May 14

This is only the sixth time RBS has reported a quarterly profit since its £45 billion rescue during the 2008 financial crisis

RBS reports rare profit in first quarter

Royal Bank of Scotland trebled its profit in the first quarter, benefiting from improved cost control and a reduction in impairment costs.

Business • 02 May 14

The government had paid Merrill Lynch €7.3m for banking advice in 2008 and 2009

Merrill's Irish bank rescue advice €48 billion off

Merrill Lynch & Co told the Government in 2008 that it would cost €16.4 billion at most to rescue the Irish banks, a quarter of the eventual bill.

Business • 20 Mar 14

Lisbon's adherence to its bailout conditions has allowed it to pass successive reviews carried out by the international creditors

Portugal urged to exit bailout without buffer

Portugal's creditors are not only expecting the country to exit its massive bailout on May 17, but urging it to do so without a safety net.

Business • 11 Mar 14

Klaus Regling rules out more debt haircuts for Greece

Regling rules out more Greek debt writedown

The head of the euro zone aid programme for crisis-hit members has ruled out a further debt writedown for Greece.

Business • 07 Jan 14

Portugal has begun to win back investor confidence as it prepares to return to financing itself in markets next year

Portugal passes latest bailout review

Portugal's international lenders have approved the country's progress in the latest review of its bailout, pushing it closer to a smooth exit from the lending programme in mid-2014.

Business • 17 Dec 13

Micheál Martin said fixing the public finances was only one part of the problem

Martin wants 'fairer and faster' recovery

Fianna Fáil leader Micheál Martin has said more can and should be done to achieve a faster and fairer economic recovery in Ireland.

News • 17 Dec 13

Enda Kenny said the people and the Government have worked hard to get Ireland working again

Country moving in right direction - Taoiseach

Taoiseach Enda Kenny has addressed the nation and said the country is now moving in the right direction as the economy is starting to recover.

News • 16 Dec 13

International Monetary Fund's Christine Lagarde said the programme significantly improved the fiscal position and regained market access for the sovereign

Ireland stronger but faces big challenges - IMF

International Monetary Fund managing director Christine Lagarde has said Ireland is now in a much stronger position than when the bailout programme began.

News • 14 Dec 13

Brendan Howlin and Michael Noonan gave a press conference on Ireland's bailout exit

Noonan warns 'we can't go mad again'

Minister for Finance Michael Noonan has said Ireland has successfully completed its EU/IMF bailout, but warned that "we can't go mad again".

News • 16 Dec 13

Enda Kenny was speaking at an event in Ballyfermot

Taoiseach says bailout 'shackles' to be cast off

Taoiseach Enda Kenny has said that when the bailout programme ends of Sunday, Ireland will stand without "shackles" around its feet.

News • 12 Dec 13

NLB is the largest of Slovenia's three main lenders

Slovenian banks need €4.76bn recapitalisation

The governor of Slovenia’s central bank has said the country’s banks will need a €4.76 billion recapitalisation to deal with bad debts.

Business • 12 Dec 13

Taoiseach Enda Kenny will address the nation after the Nine News on Sunday night

Taoiseach to address nation over bailout exit

Taoiseach Enda Kenny is to give a national televised address on Sunday night to coincide with Ireland's exit from the bailout programme.

News • 11 Dec 13

A European Commission draft report suggests that a larger fiscal adjustment may be required to reach the deficit target

EU Commission suggests larger budget adjustment

A leaked bailout report by the European Commission has suggested that a larger budget adjustment than planned may be required for 2015.

News • 10 Dec 13

Olli Rehn said there would be two missions annually of visiting economists

Commission to monitor Ireland post-bailout

The European Commission has confirmed it will continue surveillance of Ireland's economic performance after the bailout until 75% of its bailout loans are repaid.

News • 09 Dec 13

The report is expected to be ready for consideration early in the new year

MEPs hope to finish troika probe by end of year

MEPs examining the actions of the EU-IMF troika in programme countries like Ireland hope to have their draft report ready by Christmas.

Business • 21 Nov 13

Michael Noonan said discussions with officials from Germany were held yesterday

Talks over role of Germany in Irish development

Michael Noonan has said officials from his department have exchanged working papers with German officials after Chancellor Angela Merkel asked German bank KFM to work on assisting Ireland with development funds.

News • 20 Nov 13

Istvan Szekely said public spending on health needs to be more tightly controlled

Better-off bearing brunt of bailout - Troika chief

A senior member of the Troika has said the better-off sections of Irish society have borne the largest share of the brunt of the bailout programme.

News • 19 Nov 13

Jeroen Dijsselbloem says decision has yet to be reached on how long EU scrutiny would last

Ireland still facing monitoring by EU and ECB

EU officials have confirmed that Ireland will continue to face monitoring following the state's exit from the EU-IMF bailout programme.

Business • 15 Nov 13

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