DUBLIN Nov 10 These are some of the leading
stories in Ireland's newspapers on Thursday. Reuters has not
verified these stories and cannot vouch for their accuracy:
THE IRISH TIMES
- Minister for Transport Leo Varadkar said he wants to phase
out subsidies for regional airports.
- Proposals for establishing a state-owned water company,
Irish Water, are to be considered by a Cabinet sub-committee
- UK banking group Close Brothers is to target
small businesses through a newly established corporate finance
operation in Dublin.
- The National Asset Management Agency (Nama) successfully
entered the international art market in New York last night when
paintings seized from failed property developer Derek Quinlan
went under the hammer at a Christie's auction in Manhattan's
- Industrial peace has broken out with the number of days
lost to strikes dropping dramatically last year, with only one
dispute in the three months to September.
- Prime Minister Enda Kenny faced a barrage of criticism
from backbenchers over the closure of the Vatican embassy and
the appointment of Kevin Cardiff to a plum EU post.
- Developer Ray Grehan has said that he and his brother
Danny are not in a position to pay the 300 million euros ($408
million)they each owe NAMA.
- Irish banks will struggle to make a profit before 2013 and
will remain reliant on support from monetary authorities and the
State "for the foreseeable future", ratings agency Standard &
Poor's said yesterday.
- The extradition of Ian Bailey to France now hangs in the
balance with the Supreme Court set to hear potentially dramatic
new material in the case today.
- Prime Minister Enda Kenny has ordered the Financial
Regulator to report to the Government on the need for enhanced
powers after Irish banks snubbed an appeal to pass on reduced
interest rates to mortgage holders.
- More than 27,000 working families have been forced to
claim emergency welfare payments as they are not earning enough
to make ends meet.
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