Wed, 6 Jul 2011
(Photo: WN / Marzena Jazowska)Plans for six new hotels ahead of City of Culture year
UK. London. Travel - Tourism - River Thames. May 2011...Full Story

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(Photo: AP / Pier Paolo Cito)Berlusconi 'using austerity bill to save himself Euro750m'
Italian premier Silvio Berlusconi gestures during a press conference with Finance Minister Giulio Tremonti, not in picture, following a cabinet meeting in Rome, Thursday, June 30, 2011....Full Story

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Sony suspects pranksters hit Irish website: source
| DUBLIN (Reuters) - Sony Music is investigating the possibility that pranksters rather than hackers posted fake stories on its Irish website, a source close to the company said on Wednesday. | Sony Music Ireland's Japanese parent company has suffered several high-profi...Full Story
Sony suspects pranksters hit Irish website -source
DUBLIN, July 6 (Reuters) - Sony Music is investigating the possibility that pranksters rather than hackers posted fake stories on its Irish website, a source close to the company said on Wednesday. Sony Music Ireland's Japanese parent company has suffered several high-p...Full Story
Portuguese downgrade darkens euro zone rescue hopes
| LONDON/PARIS (Reuters) - The downgrading of freshly bailed-out Portugal's credit rating to "junk" shocked financial markets Wednesday and cast new doubt on European efforts to rescue distressed euro zone states without debt restructuring. | The cost of insuring all we...Full Story
Portugal downgrade darkens euro zone rescue hopes
| LONDON/PARIS (Reuters) - The downgrading of freshly bailed-out Portugal's credit rating to "junk" shocked financial markets on Wednesday and cast new doubt on European efforts to rescue distressed euro zone states without debt restructuring. | The cost of insuring all...Full Story
Warning over Irish credit rating
| Ireland's credit rating may be cut to junk by Moody's Investors Service after Portugal yesterday lost its investment grade rating, analysts said today. | Moody's, which slashed Portugal four notches yesterday to Ba2 from Baa1, in April lowered Ireland's credit rating ...Full Story
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RELATED NEWS
Wed 6 Jul 2011
Portuguese downgrade darkens euro zone rescue hopes
The Guardian * Moody's downgrade shakes markets, hits all peripherals * Downgrade rationale calls EU strategy into question * EU politicians respond by rapping ratings agencies * German aide says premature to talk of second bailout By Kirsten Donovan and Paul Tay...
Portuguese downgrade darkens euro zone rescue hopes
Yahoo Daily News | LONDON/PARIS (Reuters) - The downgrading of freshly bailed-out Portugal's credit rating to "junk" shocked financial markets on Wednesday and cast new doubt on European efforts to rescue distressed euro zone states without debt restructuring. | The ...
IMF/EU to make €9bn profit from Irish bailout
The Guardian | The IMF may have been welcomed in Ireland last November by voters fed up with the Fianna Fail government's inability to run the country. But the price the electorate is paying is high Irish finance minister Michael Noonan complained of 'very high i...
Red Ant Expands Into Dublin, Rio, Sao Paulo
Yahoo Daily News | Following a number of years successfully building its business in the UK, digital strategy agency Red Ant has strengthened its global presence by opening offices in the Republic of Ireland and Brazil. | London, UK (PRWEB UK) 6 July 2011 Sarah McDev...
Education Board facing 'challenging' financial position
BBC News The Western and Education Library Board has said it is facing its most 'challenging' budget in twenty-five years. | The board estimates schools will have to make savings of £300m. | The WELB is responsible for the provision of education services in ...
CRH still eyes acquisitions after 300 mln eur spree
The Guardian * Says acquisition pipeline remains good * Raised 345 mln euros in divestments in H1 DUBLIN, July 6 (Reuters) - Irish building giant CRH will continue to swoop on potential acquisition targets after spending around 300 million euros ($435 million) on...
Coalition seeks new bailout terms
Irish Times | HARRY McGEE, MARTIN WALL and PAUL CULLEN | The Government will seek a renegotiation of the rescue package with the European Union and the International Monetary Fund later this year to allow it make different adjustments in budget 2012. | Minister ...
Kansas City Ireland
The Examiner If you're fancying a trip to Europe, it won't be complete without a few days on the green...sarah johnsonKansas City Travel ExaminerJune 10, 2011 Striptease writing: A book review of 'The Likeness' by Tana French | Lisa WesterfieldD...
Berlin defends Greek and Irish bailout measures
Irish Times | DEREK SCALLY in Berlin | GERMAN FINANCE minister Wolfgang Schäuble has defended last year's rescue initiatives for Greece and Ireland as justified and necessary to prevent financial market contagion spreading to other euro zone states. | At an oral...
'Cliff hanger' between McGuinness and Mitchell expected at Saturday selection
Irish Times | MARY MINIHAN and HARRY McGEE | MINISTER OF State Ciarán Cannon and the other former Progressive Democrats in Fine Gael have thrown their weight behind former European Parliament president Pat Cox as the party's presidential nominee. | Last night th...
Coalition to seek renegotiation of bailout terms prior to budget
Irish Times | HARRY McGEE, MARTIN WALL and PAUL CULLEN | THE GOVERNMENT will seek a renegotiation of the rescue package with the European Union and the International Monetary Fund later this year to allow it make different adjustments in budget 2012. | Minister ...
Disposal regulations on the scrap heap
Irish Times | For all the focus on the scrappage scheme, the way we dispose of cars is a mess, with some council areas without a single authorised scrappage unit, writes PAMELA DUNCAN  | FOR ALL the focus on the Government scrappage scheme, little attention has ...
Noonan says 'excessive' profits on Irish bailout could be as high as Euro9bn
Irish Times | MARIE O'HALLORAN | PROFITS on the bailout loans to Ireland could be worth up to Euro9 billion over their lifetime, Minister for Finance Michael Noonan has told the Dáil, describing them as "excessive". | Mr Noonan also confirmed that "next year is ...
Commercial rents in Dublin are stabilising, say estate agents' reports
Irish Times | JACK FAGAN | COMPANIES RENTING new office space in Dublin are continuing to avail of rent incentives and flexible lease terms, but there are signs that the market is beginning to stabilise, according to two reports out today, from estate agents Sav...
Tue 5 Jul 2011
Google's browser tops 20 percent market share: report
Hartford Courant | SEATTLE (Reuters) - Google Inc's Chrome Web browser has grabbed more than 20 percent of global market share, while Microsoft Corp's long-time leader Internet Explorer has slipped below 50 percent, according to Internet statistics firm StatCounter. ...
Quinn to respond to church proposals
Irish Times | The Government is expected to propose this afternoon how it is to recoup some of the shortfall owed by the Catholic Church to the cost of the compensation bill to settle clerical child sex abuse claims. | Minister for Education Ruairí Quinn yesterd...
Europe’s Wakeup Call
Middle East Online | The economic, and democratic, crisis in Europe raises questions. Why were policies that were bound to fail adopted and applied with exceptional ferocity in Ireland, Spain, Portugal and Greece? Are those responsible for pursuing these policies mad, ...
Third review of Irish progress in adhering to terms of bailout
Irish Times | HARRY McGEE | SENIOR OFFICIALS from the European Union and the International Monetary Fund will begin the latest review of the Government's adherence to the Euro67 billion rescue loan tomorrow. | Teams from the EU European Central Bank and the Inte...
Gilmore says State takes blame for EU problems
Irish Times | MICHAEL O'REGAN, Parliamentary Correspondent | THE STATE had to shoulder its fair share of the blame for creating the EU's serious difficulties, Minister for Foreign Affairs Eamon Gilmore said yesterday. | "A profound failure of economic management...
Quinn 'not confident' church will pay half of bill for child sex abuse claims
Irish Times | PATSY McGARRY and JAMIE SMYTH | MINISTER FOR Education Ruairí Quinn has said he is "not confident" the State will be able to recoup from the Catholic Church half the cost of the Euro 1.36 billion compensation bill to settle clerical child sex abuse...
Noonan indicates 'difficult' cuts in budget may touch Euro4bn
Irish Times | HARRY McGEE | MINISTER FOR Finance Michael Noonan has indicated the budget adjustment for 2012 may be higher than the Euro3.6 billion specified in the memorandum of understanding with the EU-IMF. | Mr Noonan said yesterday the Government would have...
S&P; says French plan for Greece a 'default'
Irish Times | ARTHUR BEESLEY, European Correspondent | FRESH DOUBT was cast over the effort to prop up Greece yesterday as Standard Poor's declared it would deem a French plan to extend the maturity of the country's sovereign debt to be a "default" event. | The ...
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