Monthly Archives: February 2013

Scenes outside the Dail last night following Enda Kenny’s apology on behalf of the state to the women that worked in the Magdalene Laundries.

Earlier: ‘I, As Taoiseach…Deeply Regret And Apologise Unreservedly To All Those Women’

From top: Angela Downey, whose mother was a survivor from Good Shepherd; Gabrielle O’Gorman, who was incarcerated at the Sean MacDermott magdalen laundry, escaped but subsequently caught and then brought to another laundry in Limerick; Maureen Sullivan, and sisters Mary McManus and Kathleen Jannette, who were in Stanhope Street; Marina Gambold, Maureen Sullivan, Mary McManus, Kathleen Jannette, Steven O’Riordan, Geraldine Cronin and Julie McClure; Diane Croghan, Josephine Meade, Mary Smith and Kathleen Jannette; Mary McManus and Maureen Sullivan and  Mary McManus, left, and Kathleen Jannette.

(Mark Stedman/Photocall)

Senior Government figures are becoming apprehensive about the prospect of Independent News & Media (INM), Ireland’s largest newspaper group, having some of its debts written off by State-supported banks.

INM, publisher of the Irish Independent and Sunday Independent, owes more than €400 million to a consortium of eight lenders that includes the State-owned Allied Irish Banks and Bank of Ireland, in which the State has a 15 per cent stake.

Financial pressure on INM has led it to enter talks with its banks to restructure this debt. Political and business sources believe a write-down of up to €100 million may be in play.

Awk-ward…

…again.

Unease in Government over INM debt-relief moves (Arthur Beesley, Irish Times)

(Leon Farrell/Photocall Ireland)