Category Archives: Ireland’s sovereign bond rating

More Billions to go down the Irish banks black holes

A report from Goodbody Stockbrokers has argued that the State cannot bear the losses from the banking crisis on its own. In a report on Irish debt levels, Goodbody says there should be some form of risk-sharing with bondholders. But … Continue reading

Posted in Bank Bailout in Ireland, Ireland's NTMA, Ireland's sovereign bond rating, Irelands New Financial Regulator, Irish Bailout, Irish Bank Bailout, Irish Bank Bailouts, Irish Banking, Irish budget deficit, Irish debtclock, Irish Dole queues, Irish economic crisis, Irish economy | Tagged , , , , , , , | 3 Comments

Hangover for Irish Banks

MONDAY’S jump in banking stocks was followed by a hangover yesterday as the country’s lenders pared most of the gains posted in the session. Bank of Ireland fell 4pc to 69c after Standard & Poor’s (S&P) cut its outlook to … Continue reading

Posted in accounting gimmickry, action, Bank Zachodni, Ireland's NTMA, Ireland's sovereign bond rating, Irelands New Financial Regulator, Irish Banking, Irish Bond prices and yields, Irish financial issues, Irish Financial News, Irish National Debt, Irish News | Tagged , , , , , , , , ,

Cowen & Lenihan spin doesn’t wash with the markets

SAN FRANCISCO (MarketWatch) – Standard & Poor’s Ratings Services downgraded Ireland’s credit rating Tuesday on concern about the cost of bailing out the country’s ailing banks. S&P lowered Ireland’s long-term sovereign credit rating to AA- from AA and kept its … Continue reading

Posted in "The-end-of-democracy", accounting gimmickry, action, Anglo Irish Bank, Anglo's restructuring plan, Ireland quarterly deficit, Ireland's NTMA, Ireland's sovereign bond rating, Irelands New Financial Regulator, Irish Banking, Irish debtclock, Irish financial issues, Irish Financial News, Irish Government, Irish National Debt, Irish News, Irish Pirate Banks, Irish Politics, Irish Revolution, Standard & Poor's Ratings Services | Tagged , , , , , , , ,

Unelected Taoiseach Cowen

Unelected Taoiseach Cowen    has criticised what he called the pervasive negativity in the media about the Irish economy. Commenting on the downgrading of the economy by Moody’s, Brian Cowen said the National Treasury Management Agency had made clear we … Continue reading

Posted in accounting gimmickry, action, Action on Environment issues, action on Jobs, Action on unemployment now!, Anglo Irish Bank, Berti Ahern, Bertie Ahern, Brian Cowen, Brian Lenihian, Former Taoiseach X Bertie Ahern X tax-free status X artists' exemption scheme X Ahern autobiography, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, Ireland's sovereign bond rating, Irish Unemployment | Tagged , , , , , , , ,