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20/04/2011
McCarthy Report To Outline Gas And Electricity Merger
As part of the McCarthy report on State companies, the Government is expected to recommend
a merger of the country's gas and electricity networks later today.
The outlined move is among 50 other recommendations.
The report will review how State companies are run and as to what can be sold, however it will advise against a fire sale of assets. It will also examine the efficiency and competitiveness of State agencies.
Organisations with considerable debt acquired in recent years will also be highlighted.
The report will also focus on the ESB, and may recommend the selling foreign assets.
(BMcN/GK)
a merger of the country's gas and electricity networks later today.
The outlined move is among 50 other recommendations.
The report will review how State companies are run and as to what can be sold, however it will advise against a fire sale of assets. It will also examine the efficiency and competitiveness of State agencies.
Organisations with considerable debt acquired in recent years will also be highlighted.
The report will also focus on the ESB, and may recommend the selling foreign assets.
(BMcN/GK)
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The Irish Government must draw up a list of state owned assets by a deadline set by the country’s troika of lenders. Ireland's Energy Minister Pat Rabbitte has revealed that The European Union (EU), the International Monetary Fund (IMF) and the European Central Bank are urging the government to create a list of state assets worth €5bn.
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Govt In 'Fairyland', Say SF
A call has been made for the State’s energy companies to be "safe-guarded" and used to re-grow the economy – not sold off. Sinn Fein (SF) has accused the Government of "short-sightedness" after announcements this week that more assets will be sold in addition to the minority stake in the ESB already announced.
Govt In 'Fairyland', Say SF
A call has been made for the State’s energy companies to be "safe-guarded" and used to re-grow the economy – not sold off. Sinn Fein (SF) has accused the Government of "short-sightedness" after announcements this week that more assets will be sold in addition to the minority stake in the ESB already announced.
23 July 2010
State Assets' Future Face Review
The Minister of Finance has appointed a review group to look into whether there should be some selling off of Ireland's state assets to balance the books. Airports, ports, RTÉ, TG4, Dublin Bus and the ESB are included in a list of State companies the government-appointed group will consider selling to cut the €84 billion national debt.
State Assets' Future Face Review
The Minister of Finance has appointed a review group to look into whether there should be some selling off of Ireland's state assets to balance the books. Airports, ports, RTÉ, TG4, Dublin Bus and the ESB are included in a list of State companies the government-appointed group will consider selling to cut the €84 billion national debt.
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Ireland WeatherToday:A mostly cloudy start with scattered showers, the showers becoming more isolated and largely confined to the south this morning. Becoming brighter this afternoon, the best of any sunnier spells across northern counties. Northerly winds easing. Maximum temperature 12 °C.Tonight:A dry evening with late sunny spells and some long clear spells overnight. Becoming cloudier across the north towards dawn with a few showers possible. Touch of frost in south. Minimum temperature 0 °C.
