It will mirror a new structure pioneered by Germany where mid size companies are now able to bypass banks to borrow through the capital market.

“We are working with the Department of Enterprise, Enterprise Ireland and the Department of Finance to see is there a credible – or on what basis could we have – a credible bond market for mid sized enterprises in Ireland,” ISE chief executive Deirdre Somers …

GERMANY has approved draft laws including a plan that could give Ireland’s bid for a debt deal a shot in the arm.

The laws ensure that biggest European economy is in line with rules that allow the European Stability Mechanism (ESM) to recapitalise banks directly under strict circumstances.

The move is a positive sign for Ireland in light of ongoing talks about recapitalisations that had centred on Bank of Ireland …

JUST one in five homeowners who are in arrears has been offered a permanent deal to lower their payments by their bank.

New figures out this afternoon show that close to 15,000 of the almost 74,000 residential mortgage accounts that are arrears for three months or more have had a permanent restructure put in place.

But the overall number of residential mortgage accounts that are in arrears fell in May, …

THE mass sell-off of loans books by Irish lenders could be used by a US private equity house to create the kernel 
of a third baning force, 
according to one of the country’s leading corporate finance executives.

So far this year €27bn of Irish business loans, property loans and residential mortgages have been sold by banks, according to new research from PWC.

IRELAND should be given greater flexibility from the European Commission in setting the Budget, Michael Noonan has signalled.

SHARE Brussels doesn’t need to pour over every detail of our tax and spending plans, the finance minister said ahead of a meeting of euro zone finance ministers in Brussels yesterday.

His comments come as Italy, which has taken over the six month rotating presidency of the European Union, called for a …