Tag Archives: Enda Kenny

IRELAND COULD hold back up to 50 per cent of the proceeds from the sale of State assets for domestic investment following agreement with the EU-IMF, Taoiseach Enda Kenny has said.

The original agreement allowed the State to keep just a third of total sales to spend on infrastructure and jobs.

“The change now is that that will be significantly higher. It could be – I stress could be – as high as 50 per cent,” said Mr Kenny.

Minister for Finance Michael Noonan and Minister for Public Expenditure and Reform Brendan Howlin would not be drawn on a figure during a press conference on the bailout programme review.

In other news: You May Already Have Won A Substantial Cash Prize, and Hot Girls In Your Area Want To Chat, And Maybe More.

Half Of Cash From Asset Sale May Be Retained In State, Says Kenny (Mary Minihan, Harry McGee and Stephen Collins, Irish Times)

(Photocall Ireland)

The Irish Prime Minister Enda Kenny calls for the opening of the euro rescue fund ESM [European Stability Mechanism] for direct loans to faltering banks.

In an interview with the FTD Kenny said that he hoped to move into the discussion when the ESM contract and the fiscal pact had been ratified. Then the principles of ESM should again be changed.


Exclusive: Irish Prime Minister Calls For Modifciation Of ESM (Financial Times Deutschland) – translated.

Meanwhile: Banks Contributed Higher Deficit For Last Year (RTE)

(Laura Hutton/Photocall Ireland)

Specifically theirs.

Eamon Gilmore, Enda Kenny and Richard Bruton host a  meaningless propaganda exercise press conference within the last hour on the progress of the government’s Action Plan For Jobs.

Meanwhile, he’s projecting again:

(Laura Hutton/Photocall Ireland)