Topic: Anglo Irish Bank Corporation plc
All Content
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ECB nod allows Ireland to shut down toxic bank, easing debt pressures
Ireland closed down the bankrupt Anglo Irish Bank in 2011, absorbing its debt and assets into a state-owned bank. Overnight, it voted to shut down that bank as well.
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As Ireland votes on EU treaty, many ask if it's worth cost of membership (+video)
The strict rules of the EU fiscal treaty Ireland votes on today essentially block stimulus spending, and many Irish worry the country is stuck in an austerity-driven slump.
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EU to Ireland: your referendum won't stop EU financial treaty
Germany is angry that Ireland plans to hold a referendum on a treaty that will impose strict budget controls on EU members. Ireland has twice rejected EU treaties — but this time, it alone cannot scupper the deal.
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Ireland may get concessions in exchange for 'yes' on EU fiscal treaty
Ireland's approval of the EU fiscal treaty passed in January is dependent on a public referendum, the attorney general said today. Ireland might demand concessions in exchange for approval.
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Manipulating currency: The pot calls the kettle black.
World governments have manipulated currency ever since they unpinned it from gold, 40 years ago. Today, everyone is devaluing their own currency, while gold skyrockets.
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Is Ireland going bankrupt?
The bailout of Anglo Irish Bank will be €11 billion (about $15 billion) more than anticipated, and the second-largest Irish bank has effectively been nationalized.
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Gold prices: Where's a leprechaun when you need one?
The Irish economy is collapsing, but the buying power of gold has never been stronger.
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Austerity: Is Ireland a good model?
Austerity is the word of the day in Ireland, deep in recession yet continuing to cut its budget. But does this represent true austerity?
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Ireland's boom ends – with a vengeance
Protests and anger grow as 'Celtic Tiger's' economy takes nosedive.
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