Ireland

Irish budget watchdog says NAMA overpaid for loans

DUBLIN, May 24 - Ireland's so-called bad bank paid a premium of 20 percent for the loans it acquired from lenders and will struggle to recoup its costs, the country's budget watchdog said in a report on Thursday.

Sinn Fein sees route to power in Irish austerity

DUBLIN - Sinn Fein hopes to ride a wave of anger against austerity measures to achieve its ambition of ruling Ireland, its leader Gerry Adams said on Friday, as misgivings about its role in the Northern Ireland conflict fade.

World, 23 May 2012

Sinn Fein sees route to power in Irish austerity

DUBLIN - Sinn Fein hopes to ride a wave of anger against austerity measures to achieve its ambition of ruling Ireland, its leader Gerry Adams said on Friday, as misgivings about its role in the Northern Ireland conflict fade.

World, 23 May 2012

Ireland's NAMA to use 2 bln eur to complete projects

DUBLIN, May 23 - Ireland's National Asset Management Agency (NAMA) plans to spend 2 billion euros ($2.55 billion) to complete work on properties it has bought from the country's banks, saying it will create an estimated 25,000 jobs in the construction sector.

Financials, 23 May 2012

Seven charged in major roundup of Irish militant suspects

LISBURN, Northern Ireland - Seven Irish nationalists have been charged in Northern Ireland of involvement in militant activity, three under a rarely used law against "directing terrorism," in one of the highest profile roundups of its kind in the province in recent years.

World, 19 May 2012

Bank of Ireland lays out scheme for further job cuts

* Trade union says move paves way for 1,000 more job losses

Financials, 18 May 2012

Notorious Belfast prison reinvented as distillery

BELFAST - A notorious Belfast prison that held Irish Republican Army inmates during the worst of the city's sectarian strife is to be transformed into a Whiskey distillery as Northern Ireland tries to reinvent itself and its struggling economy.

Business Traveler, 18 May 2012

Notorious Belfast prison reinvented as distillery

BELFAST - A notorious Belfast prison that held Irish Republican Army inmates during the worst of the city's sectarian strife is to be transformed into a Whiskey distillery as Northern Ireland tries to reinvent itself and its struggling economy.

Lifestyle, 17 May 2012

Court rejects Hutchison Whampoa bid to delay Eircom deal

DUBLIN, May 17 - Ireland's High Court on Thursday dismissed an attempt by Hong Kong firm Hutchison Whampoa Ltd to block the restructuring of Eircom on the grounds its bid for the struggling Irish telecoms firm was not properly considered.

Firms pray for 'yes' in Irish EU treaty referendum

* U.S. firms say vote is key factor in possible investments

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U.N. says over 92 killed in Syria, 32 of them children

BEIRUT - The United Nations said on Saturday that more than 92 people were killed in what activists described as an artillery barrage by government forces in the worst violence since the start of a U.N. peace plan to slow the flow of blood in Syria's uprising. | Video

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Greek debt – remember the goats

Greece's creditors have essentially let it off the hook by overwhelmingly agreeing to take a 74 percent loss. So what better time to remember one of the first times Athens got in trouble with paying its debts.