Sir, I read with interest Conor Popes article Distressed borrowers share their stories (April 4th), regarding a public meeting in Portlaoise on April 2nd, which was called to highlight the plight of people facing repossession proceedings in Ireland. The article described the very real human impacts that debt can have on individuals at a physical…
Commissioner Margrethe Vestager, in charge of competition policy, stated: “Following the economic difficulties of Oltchim and the cancellation of public debts owed by the company, we need to verify whether a private creditor would have accepted to act in the same way. Thanks to its recent reorganisation, Oltchim’s financial situation has improved and Romania hopes…
The business practices of Stephen Dorrell have been called into question after a business partner accused the former health secretary of leaving him with nothing. Dorrell used a controversial insolvency procedure to move a publishing company into a new corporate entity owned by himself, making shares owned by his business partner worthless and thwarting an…
Posted: 3:00 a.m. 0 The kindest way to explain the election of 2012 is Americans voted for the status quo incumbent president and divided Congress. They must have enjoyed the gridlock, partisanship, incompetence, economic stagnation and avoidance of responsibility. Fewer people voted…
Published 10/04/2016 | 02:30 Central Bank chief economist Gabriel Fagan The fiscal space balloon has been losing altitude since its release during the election and the Exchequer figures for the first quarter bring it even closer to earth. There was another big overshoot on the health budget and the earnest discussions in Government Buildings are…
Commissioner Margrethe Vestager, in charge of competition policy, stated: “Following the economic difficulties of Oltchim and the cancellation of public debts owed by the company, we need to verify whether a private creditor would have accepted to act in the same way. Thanks to its recent reorganisation, Oltchim’s financial situation has improved and Romania hopes…
Swansea City are set for major investment from the US as part of a shock takeover deal . It comes after months of secret top-level talks and will potentially see Swansea compete on another level after establishing themselves in the Premier League. WalesOnline broke the sensational story tonight and now Football Correspondent CHRIS WATHAN provides…
Louise Blouin has been called one of the richest women in Canada in the upper half of the countrys one per cent. You have likely never heard her name. But over the past 15 years, the Montreal native rose to the pinnacles of the international art publishing world, building an empire that included five secretive…
zoom Louise Blouin has been called one of the richest women in Canada in the upper half of the countrys one per cent. You have likely never heard her name. But over the past 15 years, the Montreal native rose to the pinnacles of the international art publishing world, building an empire that included five…
THE EUROPEAN COMMISSION has sent a warning regarding the course of debt restructuring in the Cypriot banking system, saying that efforts to restructure non-performing exposures have not yet shown tangible results. Financial institutions have stepped up their debt restructuring efforts, but the results have been mixed so far, the Commission report said, adding that the…