March, 2010 | Refinancing

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Archive for March, 2010

Markets News Afternoon: Shares fall in Europe and US; Bank of Ireland jumps 24% in Dublin; US business activity expands in March but at slower pace

March 31st, 2010

Markets news on stocks, currencies and oil.

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Finance News

State-owned Anglo Irish Bank reports loss of €12.7bn for the 15 months to end December 2009 — the largest loss in Irish corporate history

March 31st, 2010

State-owned Anglo Irish Bank has reported a loss of €12.7bn for the 15 months to the end of December 2009 —  the largest loss in Irish corporate history – –  after charging €15bn to cover bad debts.

Finance News

European Commission gives temporary approval for Irish Government to inject funds in Anglo Irish Bank and Irish Nationwide; Restructuring plans have to be submitted by June

March 31st, 2010

The European Commission today gave approval for the Irish Government to inject funds into Anglo Irish Bank and Irish Nationwide, but it has also begun an in-depth investigation into the total aid received so far by Anglo. New restructuring plans have to be submitted by June.

Finance News

Irish Live Register increases to 433,000 in March

March 31st, 2010

The seasonally adjusted Irish Live Register total increased from 432,400 in February to 433,000 in March, an increase of 600, according to the Central Statistics office (CSO).

Finance News

Irish private sector credit fell again in February; Residential mortgage loans and household credit dipped

March 31st, 2010

The Central Bank reported today that the annual growth in Irish private sector credit fell again in February. Residential mortgage loans and household credit outstanding dipped.

Finance News

Eurozone unemployment rate at 10.0% in February; Netherlands lowest at 4%; Ireland at 13.2% and Spain at 19%

March 31st, 2010

The Eurozone (EA16) seasonally-adjusted unemployment rate was 10.0% in February 2010, compared with 9.9% in January. It was 8.8% in February 2009. The EU27 unemployment rate was 9.6% in February 2010, compared with 9.5% in January. It was 8.3% in February 2009. For the Eurozone this is the highest rate since August 1998 and for the EU27 since the start of the series in January 2000. The Netherlands was lowest at 4%; Ireland was at 13.2% and Spain was at 19%.

Finance News

Eurozone annual inflation is expected to rise to 1.5% in March 2010

March 31st, 2010

Eurozone annual inflation is expected to rise to 1.5% in March 2010, according to a flash estimate issued today Eurostat, the statistics office of the European Union. It was 0.9% in February.

Finance News

Markets News Wednesday: Bank of Ireland and AIB shares rise in Dublin

March 31st, 2010

Markets news on stocks, currencies and commodities.

Finance News

Bank of Ireland reports loss of €1.8bn for the nine months to December 31, 2009 after bad debt charges of €4.1bn

March 31st, 2010

Bank of Ireland today reported a loss of €1.8bn for the nine months to December 31, 2009 after bad debt charges of €4.1bn.

Finance News

Wednesday Newspaper Review – Irish Business News and International Stories – – March 31, 2010

March 31st, 2010

Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.

Finance News