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IMF: Over 25pc of Irish bank loans bad, modest economic growth
Irish Independent
JUST over a quarter of loans in Irish banks have gone bad with losses persisting, the International Monetary Fund has said. Related Articles. Hopes fade over eurozone deal on €28bn bailout costs. Also in this section. NTMA to raise €500m this week 

Call for compensation for Magdalene survivors
Irish Times
The Irish Human Rights Commission (IHRC) said Martin McAleese‘s investigation into the institutions fell short as he did not draw any conclusions on the human rights obligations of the State. The commission called on the Government to stop caring for 

Bad loans at Irish banks hindering new lending – IMF
RTE.ie
Ireland must deal with the large number bad loans which are hindering new lending as it aims for economic and employment growth, according to the International Monetary Fund. Completing its tenth review of Ireland’s bailout programme, which also saw it 

Irish women entitled to celebrate after a 40-year struggle for gender equality

EqPoster Equal statement

Irish Independent These days, girls outperform boys in state and university exams and professional entry competitions. Women compete energetically with men in the modern Irish workforce. Equality legislation helps protect women from gender discrimination. In theory  See all stories on this topic »

Two US presidents on Irish soil at the same time

Irish Independent Search Go. Independent.ie› Irish News›. Two US presidents on Irish soil at the same time. Comments. Email; Print; Font Size. 18 June 2013. For probably the first time in history, there were two US presidents on Irish soil at the same time on the same day. See all stories on this topic »

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Wind farm proposed for Irish Sea will be visible from Rush to Wicklow Town
Irish Times
Wind farm proposed for Irish Sea will be visible from Rush to Wicklow Town. 145 wind turbines are included in the plan. A wind farm on the Arklow Bank in the Irish Sea. The latest €2 billion wind farm project would create 600 jobs at construction phase 
See all stories on this topic »

 

Exchequer Returns: €26bn September tax take ahead of target but pressures remain


THE tax take for the nine months ended September was €26.1bn, €385m ahead of expectations, new Exchequer Return figures show.

Three of the four main tax sources – income, corporation and VAT – were ahead of target with excise duties below for the third consecutive month.

The exchequer deficit was just over €11bn, compared with €20.6bn last year, due mainly to the settlement of the IBRC promissory note payment.

And the Government has warned that pressure points remain, particularly in the departments of health and social protection.

“Although challenging targets still remain for the last quarter, I am confident that the overall tax revenue target for 2012 can be achieved,” Reform Minister Brendan Howlin said.

He added that departmental expenditure remains less than 1pc above expectations “with pressures on health and social protection areas.”

The figures also show that the Government is set to meet budget targets set out by the EU/IMF/ECB troika.

“The tax base is growing…..and September 2012 is the third month this year that the exchequer revenues exceeded expenditure – this last happened in 2007,” said Finance Minister Michael Noonan.

He added that the return by the National Treasury Management Agency, which manages the country’s debt, to the bond markets this year was proof that action being taken by the Government to fix Ireland’s finances is being recognised by investors.

via Exchequer Returns: €26bn September tax take ahead of target but pressures remain – Irish, Business – Independent.ie.

via Exchequer Returns: €26bn September tax take ahead of target but pressures remain – Irish, Business – Independent.ie.

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