Menu
13/12/2010
North South Body To Discuss EU Loan
The British-Irish Council is to convene today to discuss the multi-billion euro loan from the UK Government.
The politically sensitive loan from the UK was extended to the Republic by UK chancellor George Osborne last month just after the IMF and EU were called upon for a bailout payment by Fianna Fail.
The British-Irish Council (BIC) will meet on the Isle of Man later today where Taoiseach Brian Cowen is expected to discuss the loan with Britain's deputy Prime Minister Nick Clegg.
Speaking ahead of the meeting, Taoiseach Brian Cowen said: "We are major trading partners and there is a strong interdependence between our markets. The challenges faced are global and the Irish Government is committed to playing its part in a global recovery."
The BIC was established under the Good Friday Agreement to promote the special relationships between the different administrations in the British Isles. The Isle of Man Summit will be the fifteenth to be held since its inaugural meeting of the BIC in 1999.
Legislation required to facilitate the UK contribution is also due to be discussed in Westminster this week.
Meanwhile, the Irish Government is expected to win this week's crucial Dáil vote on the €85bn bailout from Europe after again getting the backing of Independent TD Joe Behan.
The bailout will be finalised despite Fine Gael's announcement it would join Labour and Sinn Fein along with rebel Independent Fianna Fail TD Mattie McGrath in opposing the vote on Wednesday.
The IMF had postponed a meeting to approve its part of the rescue plan - which includes €17.5bn of funding from the National Pensions Reserve Fund - until after the Dail vote.
(DW)
The politically sensitive loan from the UK was extended to the Republic by UK chancellor George Osborne last month just after the IMF and EU were called upon for a bailout payment by Fianna Fail.
The British-Irish Council (BIC) will meet on the Isle of Man later today where Taoiseach Brian Cowen is expected to discuss the loan with Britain's deputy Prime Minister Nick Clegg.
Speaking ahead of the meeting, Taoiseach Brian Cowen said: "We are major trading partners and there is a strong interdependence between our markets. The challenges faced are global and the Irish Government is committed to playing its part in a global recovery."
The BIC was established under the Good Friday Agreement to promote the special relationships between the different administrations in the British Isles. The Isle of Man Summit will be the fifteenth to be held since its inaugural meeting of the BIC in 1999.
Legislation required to facilitate the UK contribution is also due to be discussed in Westminster this week.
Meanwhile, the Irish Government is expected to win this week's crucial Dáil vote on the €85bn bailout from Europe after again getting the backing of Independent TD Joe Behan.
The bailout will be finalised despite Fine Gael's announcement it would join Labour and Sinn Fein along with rebel Independent Fianna Fail TD Mattie McGrath in opposing the vote on Wednesday.
The IMF had postponed a meeting to approve its part of the rescue plan - which includes €17.5bn of funding from the National Pensions Reserve Fund - until after the Dail vote.
(DW)
Related Irish News Stories
Click here for the latest headlines.
25 October 2012
Troika And Government Meet To Discuss Bailout Programme Exit
Discussions have been taking place between the government and the Troika over what assistance would be available to Ireland as it exits the EU-IMF loan programme. Michael Noonan, the minister for finance, made the comment as the Troika concluded its latest mission to Ireland.
Troika And Government Meet To Discuss Bailout Programme Exit
Discussions have been taking place between the government and the Troika over what assistance would be available to Ireland as it exits the EU-IMF loan programme. Michael Noonan, the minister for finance, made the comment as the Troika concluded its latest mission to Ireland.
07 November 2008
Annual Conference For Young Labour Members
The annual national conference for young members of the Labour party is being held in Limerick today. A new national chairperson and executive will be elected at the event, which will also see delegates from all over the country discuss policies and campaigns for next year.
Annual Conference For Young Labour Members
The annual national conference for young members of the Labour party is being held in Limerick today. A new national chairperson and executive will be elected at the event, which will also see delegates from all over the country discuss policies and campaigns for next year.
14 October 2022
Govt Urged To Replace EU Funding In Full
Finance Minister, Conor Murphy, has called on the British Government for further financial support and the full replacement of EU Funds. The Minister's engagement began with a meeting with Nadhim Zahawi, Chancellor of the Duchy of Lancaster during which Minister Murphy outlined the need for the Executive to be restored.
Govt Urged To Replace EU Funding In Full
Finance Minister, Conor Murphy, has called on the British Government for further financial support and the full replacement of EU Funds. The Minister's engagement began with a meeting with Nadhim Zahawi, Chancellor of the Duchy of Lancaster during which Minister Murphy outlined the need for the Executive to be restored.
13 October 2022
SF Urges Everyone To 'Get Involved In The Discussion On A New Ireland'
Sinn Féin has urged people from all backgrounds to "get involved in the discussion on a New Ireland". Speaking at the first of Sinn Féin's People's Assemblies in the Waterfront Hall tonight, First Minister Designate Michelle O'Neill called on the Irish government to establish a Citizens' Assembly. Michelle O'Neill said: "This is our home place.
SF Urges Everyone To 'Get Involved In The Discussion On A New Ireland'
Sinn Féin has urged people from all backgrounds to "get involved in the discussion on a New Ireland". Speaking at the first of Sinn Féin's People's Assemblies in the Waterfront Hall tonight, First Minister Designate Michelle O'Neill called on the Irish government to establish a Citizens' Assembly. Michelle O'Neill said: "This is our home place.
16 September 2022
Health Services Needs The Executive
The Executive must be formed immediately to invest an extra £1 billion to start to fix the problems in the health service.
Health Services Needs The Executive
The Executive must be formed immediately to invest an extra £1 billion to start to fix the problems in the health service.
-
Ireland WeatherToday:A cloudy day with rain at times, this persistent and occasionally heavy in the west. The east will see some drier weather. Becoming drier across the far west later. Maximum temperature 10 °C.Tonight:The east will remain cloudy, some rain this evening before turning drier in the early hours. Dry elsewhere with cloud breaking to allow some clear periods. Minimum temperature 4 °C.
