Brian Lenihan News
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Ireland’s government will lift its bank guarantee at the end of March, marking the nation’s exit from a financial emergency ward, Finance Minister Michael Noonan said.
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Ireland’s government decided today to wind down its bank guarantee by the end of March, according to two people with knowledge of the matter.
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Brian Lenihan , who served as Ireland’s finance minister during the most turbulent period in the country’s economic history, has died. He was 52.
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Ireland’s government faces a legal challenge tomorrow to the burdening of taxpayers with the cost of bailing out former Anglo Irish Bank Corp. and Irish Nationwide Building Society.
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As a 12-year-old boy, Brian Lenihan learned Latin during the summer to win a place at James Joyce’s alma mater, Belvedere College in Dublin.
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Irish Finance Minister Brian Lenihan said the country is on the “road to ruin” if it doesn’t act now to rein in spending and control a soaring national debt.
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Ireland Finance Minister Brian Lenihan said he is “very confident” that legislation to create a bad bank to buy 90 billion euros ($132 billion) of assets from the country’s lenders will be approved by the Irish parliament.
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Irish Finance Minister Brian Lenihan said European authorities didn’t dictate the government’s budget as part of an aid package agreed at the start of this week.
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On a Sunday morning in October, Simon Kelly sat in the breakfast room of Dublin’s Morrison Hotel, looking eager to chat. Simon, 38, and his father, Paddy Kelly, 66, were once among Ireland’s most audacious real estate developers. During the boom years, they borrowed about 700 million euros ($950 million) from Anglo Irish Bank Corp. to buy golf resorts and build hotels.
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Irish Finance Minister Brian Lenihan said he’s proposing to government colleagues today that the country apply for an international bailout.
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