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Ireland says working on new post-bailout economic plan

DUBLIN (Reuters) - Ireland's finance minister said on Wednesday he planned to issue a long-term economic plan aimed at keeping the country on track after the strictures imposed by a bailout are removed next year. Rescued by Europe and the IMF in late 2010, Ireland has consistently hit the targets set under its bailout and is set to wean itself off emergency help on schedule at the end of this year after returning to bond markets.

Irish unions reject pay deal, warn of trouble ahead

By Padraic Halpin DUBLIN (Reuters) - A majority of Irish public sector workers rejected a new pay deal on Tuesday and warned the government against unilaterally cutting wages, giving it a headache as it seeks to exit an EU-IMF bailout later this year. The government and the country's main unions agreed in February to extend a three-year-old pay deal that has been credited with avoiding the kind of industrial unrest seen in other euro zone countries hit by debt woes.

Ireland may go it alone without precautionary funds - EU source

By Ingrid Melander PARIS (Reuters) - Ireland may go it alone when it comes off emergency aid later this year and not sign up to a precautionary credit line that would smooth its bailout exit but bring political difficulties, a euro zone source said on Thursday. Rescued by Europe and the IMF in late 2010, Ireland has consistently hit the targets set under its bailout and closed in on weaning itself off emergency assistance last month by raising 5 billion euros (4.2 billion pounds) in a landmark 10-year bond sale.

Irish plant shut for exporting horse as beef

Irish authorities suspended production at a meat processing plant on Friday after investigators found it was selling horsemeat labelled in the Czech Republic as beef, the agriculture ministry said. B&F Meats, a small company licenced to debone beef and horsemeat in Carrick-on-Suir in County Tipperary, was found to be sending horsemeat to a customer in the Czech Republic, it said in a statement. The label in the Czech language refers to beef, it added.

Irish PM issues full apology to church laundry victims

Irish Prime Minister Enda Kenny issued a full apology Tuesday to the thousands of women who suffered in church-run laundries, two weeks after stopping short of doing so. A report published a fortnight ago investigating the involvement of the Irish state in the Magdalene laundries found that more than a quarter of the 10,000 women sent to the institutions were sent there by the state. Two weeks on, Kenny said in the Dail lower house that the government and parliament had needed that time to study the report properly and reflect on its findings.

Irish PM issues full apology to church laundry victims

Irish Prime Minister Enda Kenny issued a full apology Tuesday to the thousands of women who suffered in church-run laundries, two weeks after stopping short of doing so. A report published a fortnight ago investigating the involvement of the Irish state in the Magdalene laundries found that more than a quarter of the 10,000 women sent to the institutions were sent there by the state. Two weeks on, Kenny said in the Dail lower house that he wanted the government and parliament to have that time to study the report properly and reflect on its findings.

Ireland's Fianna Fail stages stunning comeback - poll

* Fianna Fail has become most popular party - poll * It lost power over handling of financial crisis DUBLIN, Feb 8 (Reuters) - Ireland's main opposition party Fianna Fail has become the most popular party in the country, an opinion poll showed on Friday, less than two years after being booted from power for their handling of an unprecedented financial crisis.

Ireland reaches deal with ECB on banking debt: PM

Ireland has reached a landmark deal with the European Central Bank to re-structure the massive debts of the former Anglo Irish Bank, Prime Minister Enda Kenny said on Thursday. Kenny said the deal would transform short-term lending in promissory notes into longer-term bonds, reducing the repayment pressure on Ireland, which is struggling to recover despite an EU-IMF bailout in 2010.

Irish lawmakers vote to liquidate Anglo Irish Bank

Irish lawmakers voted through emergency legislation to liquidate the former Anglo Irish bank early Thursday, as part of a deal to ease the eurozone country's massive debt burden. Weary lawmakers voted in the small hours to liquidate the failed bank, now known as the Irish Bank Resolution Corporation (IBRC), by a majority of 113 in favour to 36 against. Its assets will now be bought out by Ireland's state run "bad bank", the National Asset Management Agency (NAMA), which buys risky mortgages from debt-plagued lenders.

Ireland warns about impact of a bank debt deal failure

DUBLIN, Jan 27 (Reuters) - Failure to strike a deal with the European Central Bank on key bank debt talks could be catastrophic for Ireland, Deputy Prime Minister Eamon Gilmore will tell European leaders on Sunday. The ECB rejected Ireland's preferred solution in protracted talks over how to reschedule part of its state-owned bank debt, Reuters reported exclusively on Saturday, citing EU sources familiar with the discussions. One of the sources said the ball was now back with the Irish government.
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