ireland

Allied Irish Banks posts annual loss of 10.4 bn euros

April 12, 2011 | 21:23

State-rescued Allied Irish Banks said Tuesday that its net losses ballooned to 10.4 billion euros ($15 billion) in 2010, adding that it planned to axe more than 2,000 jobs by the end of next year.

Uruguay edge Ireland in five-goal thriller

March 30, 2011 | 08:34

Uruguay edged a five-goal thriller at the Aviva Stadium here in Dublin on Wednesday, defeating an inexperienced and experimental Ireland side 3-2.

Ireland unveils 15 bn euro austerity plan to secure bailout

November 25, 2010 | 09:07

Ireland unveiled a 15-billion euro austerity package Wednesday needed to secure an international bailout, slashing public sector pay, pensions and welfare but refusing to hike corporation tax.

Sweden could lend Ireland up to one billion euros: minister

November 22, 2010 | 21:59

Sweden could lend Ireland, currently negotiating a debt rescue deal, up to 10 billion kronor (1.1 billion euros), Swedish Finance Minister Anders Borg said Monday.

Euro, equities rally as Ireland applies for bailout

November 22, 2010 | 21:01

The European single currency and stock markets rallied Monday after debt-wracked Ireland formally applied for a bailout from the European Union and the International Monetary Fund, dealers said.

Ireland lands '80-90 billion euro' bailout

November 22, 2010 | 13:24

Europe and the IMF agreed Sunday to bankroll a massive bailout for debt-ravaged Ireland, estimated at between 80-90 billion euros, the second emergency rescue in the eurozone this year.

EU ready to support Ireland: Barroso

November 11, 2010 | 14:41

European Commission president Jose Manuel Barroso said Thursday that the EU stood ready to support Ireland "in case of need", after Irish bond yields soared to record levels on public debt fears.

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