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Category Archives: Ireland's NTMA
Scaremongering but who’s doing it? Finance Minister Brian Lenihan also warned yesterday that if Irish voters snubbed the treaty the result would “shatter international confidence” and lead to continued scarcity of funding and increased borrowing costs.(Looking for a yes vote) … Continue reading
Up to 25 bank directors will be forced out under the NAMA deal. The Cabinet yesterday signed off on the latest draft of the laws to bring in the Government’s ‘bad bank’. Ministers agreed on a way of … Continue reading
Dear Thomas, Thank you for your email regarding NAMA. The Labour Party is closely examining the draft legislation, which is really a discussion document, but I expect to see significant changes when the actual legislation is published sometime in … Continue reading
Mr Lenihan said today the cabinet had discussed the issues surrounding the establishment of Nama. In light of to-days news that 46 economists expressed grave reservations about the government’s NAMA proposals. He rejected arguments put forward by these economists in … Continue reading
Mr Brian Lenihan said today NAMA may lead to the government taking bigger stakes in the financial institutions. Should the losses of the banks be on a very large scale, a “substantial stake” would have to be taken, the minister … Continue reading