PRESS DIGEST - Ireland - March 21

Fri Mar 21, 2014 3:58am EDT

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These are some of the leading stories in Ireland's newspapers on Friday. Reuters has not verified these stories and cannot vouch for their accuracy:

THE IRISH TIMES

- Germany has dampened expectations of imminent bank recapitalisations for Irish banks from the European Stability Mechanism bailout fund after yesterday's agreement on a further pillar of the European banking union.

- Greek gaming firm Intralot has been selected as the new technology supplier to the Irish lottery.

- Developer Johnny Ronan is being backed by Development Securities, a 343 million euro British property investor listed on the London Stock Exchange, as he fights to finally exit

IRISH INDEPENDENT

- 3 Ireland has offered to help set up a new mobile phone operator in Ireland in a key concession to persuade a sceptical European Commission to allow it to buy O2 Ireland for 780 million euros

- Merrill Lynch told the Government back in 2008 that it would cost a maximum of 16.4 billion euros to rescue banks. In the end it cost four times that amount.

- Investment holding company TVC has sold its stake in the Dalata Hotel Group for 30.4 million euros after the company's IPO last week

IRISH EXAMINER

- Ireland's police commissioner has refused to withdraw his branding of the actions of whistleblowers as "disgusting" despite being called on to do so by a leading government minister

Looking for more information from local sources? Reuters Business Briefing has five Irish sources including Irish Times. For details of the product please call your local help desk .

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