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Ghost Estate
A ghost estate (, "Fairy estate") is an unoccupied housing estate, particularly one built in the Republic of Ireland during the period of economic growth when the Irish economy was known as the Celtic Tiger. A massive surplus of housing, combined with the late-2000s recession, resulted in a large number of estates being abandoned, unoccupied or uncompleted. The National Institute for Regional and Spatial Analysis defines a ghost estate as developments of "ten or more houses where 50% of the properties are either vacant or under-construction", which therefore does not fully cover the total number of unfinished estates. In 2010 there were more than 600 ghost estates in Ireland, and a government agency report estimated the number of empty homes in Ireland at greater than 300,000. The 2011 Census lists the number of empty homes to be around 230,000 (excluding the 60,000 holiday homes), around 26% of which are apartments, despite the fact that only 11% of the occupied homes are apart ...
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William Wall (writer)
William "Bill" Wall (born 6 July 1955) is an Irish novelist, poet and short story writer. Early life and education Wall was born in Cork city in 1955, but he was raised in the coastal village of Whitegate. He received his secondary education at the Christian Brothers School in Midleton. He progressed to University College Cork where he graduated in Philosophy and English. Career William Wall is the author of seven novels, five collections of poetry and three volumes of short stories. For many years he taught English at Presentation Brothers College, Cork, where he inspired Cillian Murphy to enter acting. In 1997, Wall won the Patrick Kavanagh Poetry Award. He published his first collection of poetry in that year. His first novel, ''Alice Falling'', a dark study of power and abuse in modern-day Ireland, appeared in 2000. In 2005, ''This Is The Country'' appeared. A broad attack on politics in "Celtic Tiger" Ireland, as well as a rite of passage novel, it was longlisted f ...
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Aos Sí
' (; English approximation: ; older form: ) is the Irish name for a supernatural race in Gaelic folklore, similar to elves. They are said to descend from the Tuatha Dé Danann or the gods of Irish mythology. The name ''aos sí'' means "folk of the ''sí''"; these are the burial mounds in which they are said to dwell, which are seen as portals to an Otherworld. Such abodes are referred to in English as 'shee', 'fairy mounds', 'elf mounds' or 'hollow hills'. The ''aos sí'' interact with humans and the human world. They are variously said to be the ancestors, the spirits of nature, or goddesses and gods. Evans Wentz, W. Y. (1966, 1990The Fairy-Faith in Celtic Countries Gerrards Cross, Colin Smythe Humanities Press In modern Irish, they are also called ''daoine sí''; in Scottish Gaelic ''daoine sìth'' ('folk of the fairy mounds'). Etymology In the Irish language, ''aos sí'', earlier ''aes sídhe'', means "folk of the fairy mounds". In Old Irish, it was ''áes síde'' ...
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County Cavan
County Cavan ( ; ) is a Counties of Ireland, county in Republic of Ireland, Ireland. It is in the Provinces of Ireland, province of Ulster and is part of the Northern and Western Region. It is named after the town of Cavan and is based on the historic Gaelic Ireland, Gaelic territory of East Breifne, East Breffny (''Bréifne''). Cavan County Council is the Local government in the Republic of Ireland, local authority for the county, which had a population of 81,704 at the 2022 census. Geography Cavan borders six counties: County Leitrim, Leitrim to the west, County Fermanagh, Fermanagh to the north, County Monaghan, Monaghan to the north-east, County Meath, Meath to the south-east, County Longford, Longford to the south-west and County Westmeath, Westmeath to the south. Cavan shares a border with County Fermanagh in Northern Ireland. Cavan is the 19th largest of the 32 counties in area and the 25th largest by population. The county is part of the Northern and Western Region, a ...
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2012 Irish Budget
The 2012 Irish budget was the Irish Government budget for the 2012 fiscal year, the first budget of the 29th Government of Ireland. It was presented to Dáil Éireann in two parts on 5–6 December 2011, with the first part delivered by Minister for Public Expenditure and Reform Brendan Howlin, and the second part delivered by Minister for Finance Michael Noonan. The budget contained tax increases, and spending cuts of €3.6bn for 2012.Irish Budget 2012
Finfacts. December 2012.


Before the budget

The budget was preceded by a rare televised national address by a when

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Bulldoze
A bulldozer or dozer (also called a crawler) is a large tractor equipped with a metal blade at the front for pushing material (soil, sand, snow, rubble, or rock) during construction work. It travels most commonly on continuous tracks, though specialized models riding on large off-road tires are also produced. Its most popular accessory is a ripper, a large hook-like device mounted singly or in multiples in the rear to loosen dense materials. Bulldozers are used heavily in large and small scale construction, road building, mining and quarrying, on farms, in heavy industry factories, and in military applications in both peace and wartime. The word "bulldozer" refers only to a motorized unit fitted with a blade designed for pushing. The word is sometimes used inaccurately for other heavy equipment such as the generally similar front-end loader designed for carrying material rather than pushing it. The term originally referred only to the blade attachment but is now commonly ap ...
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Minister Of State At The Department Of Housing, Local Government And Heritage
The Minister of State at the Department of Housing, Local Government and Heritage is a junior ministerial post in the Department of Housing, Local Government and Heritage of the Government of Ireland who may perform functions delegated by the Minister for Housing, Local Government and Heritage. A Minister of State does not hold cabinet rank. There are currently three Ministers of State: * John Cummins, TD – Minister of State for local government and planning * Christopher O'Sullivan, TD – Minister of State for nature, heritage and biodiversity * Kieran O'Donnell, TD – Minister of State for housing List of parliamentary secretaries List of ministers of state References {{Ministers of State of Ireland Housing Housing refers to a property containing one or more Shelter (building), shelter as a living space. Housing spaces are inhabited either by individuals or a collective group of people. Housing is also referred to as a human need and right to ... Depar ...
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Ciarán Cuffe
Ciarán Cuffe (born 3 April 1963) is an Irish politician who has been co-chair of the European Green Party (EGP) since December 2024. He served as a Member of the European Parliament (MEP) from Ireland for the Dublin constituency from July 2019 to July 2024. Cuffe is a member of the Irish Green Party, part of the EGP. He previously served as a Minister of State from 2010 to 2011. He was a Teachta Dála (TD) for the Dún Laoghaire constituency from 2002 to 2011. Background and personal life He was born in Shankill, Dublin, the son of Luan Peter Cuffe and Patricia Sistine Skakel. Luan Cuffe was an architect who was involved in town planning for Dún Laoghaire and Wicklow before taking over his brother-in-law's architectural practice. Luan Cuffe trained in Harvard University under Walter Gropius where he met Patricia Skakel whom he married. Through his mother Patricia, Ciarán is a grandson of George Skakel, a founder of Great Lakes Carbon Corporation, and a nephew of Eth ...
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Solvency
Solvency, in finance or business, is the degree to which the current assets of an individual or entity exceed the current liabilities of that individual or entity. Solvency can also be described as the ability of a corporation to meet its long-term fixed expenses and to accomplish long-term expansion and growth. This is best measured using the net liquid balance (NLB) formula. In this formula, solvency is calculated by adding cash and cash equivalents to short-term investments, then subtracting notes payable. There exist cryptographic schemes for both proofs of liabilities and assets, especially in the blockchain space. See also * Accounting liquidity * Debt ratio * Going concern * Insolvency * Quick ratio Notes References * * * * * External links *{{Wiktionary-inline Financial economics ...
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Bad Bank
A bad bank is a corporate structure which isolates illiquid and high risk assets (typically non-performing loans) held by a bank or a financial organisation, or perhaps a group of banks or financial organisations. A bank may accumulate a large portfolio of debts or other financial instruments which unexpectedly become at risk of partial or full default. A large volume of non-performing assets usually make it difficult for the bank to raise capital, for example through sales of bonds. In these circumstances, the bank may wish to segregate its good assets from its bad assets through the creation of a bad bank. The goal of the segregation is to allow investors to assess the bank's financial health with greater certainty. A bad bank might be established by one bank or financial institution as part of a strategy to deal with a difficult financial situation, or by a government or some other official institution as part of an official response to financial problems across a number of i ...
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National Asset Management Agency
The National Asset Management Agency (NAMA; ) is a body created by the Government of Ireland in late 2009 in response to the Irish financial crisis and the deflation of the Irish property bubble. NAMA functions as a '' bad bank'', acquiring property development loans from Irish banks in return for government purple debts bonds, ostensibly with a view to improving the availability of credit in the Irish economy. The original book value of these loans was €77 billion (comprising €68bn for the original loans and €9bn rolled up interest), and the original asset values to which the loans related was €88bn, with there being an average Loan To Value of 77% and the current market value is estimated at €47 billion. NAMA is controversial, with politicians (who were in opposition at the time of its formation) and some economists criticising the approach, including Nobel Prize-winning economist Joseph Stiglitz who has said that the Irish government was "squandering" public ...
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Social Housing
Public housing, also known as social housing, refers to Subsidized housing, subsidized or affordable housing provided in buildings that are usually owned and managed by local government, central government, nonprofit organizations or a combination thereof. The details, terminology, definitions of poverty, and other criteria for allocation may vary within different contexts, but the right to renting, rent such a home is generally rationed through some form of means-testing or through administrative measures of housing needs. One can regard social housing as a potential remedy for housing inequality. Within the OECD, social housing represents an average of 7% of national housing stock (2020), ranging from ~34% in the Netherlands to less than 1% in Colombia. In the United States, public housing developments are classified as housing projects that are owned by a housing authority or a low-income (project-based voucher) property. PBV are a component of a public housing agenc ...
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Michael Finneran
Michael Finneran (born 10 September 1947) is an Irish former Fianna Fáil politician who served as Minister of State for the Environment, Heritage and Local Government from 2008 to 2011. He served as a Teachta Dála (TD) from 2002 to 2011 and a Senator for the Administrative Panel from 1989 to 2002. A former psychiatric nurse, Finneran was first elected to Dáil Éireann at the 2002 general election for the Longford–Roscommon constituency. He was previously a member of Seanad Éireann from 1989 to 2002. On 13 May 2008, shortly after Brian Cowen became Taoiseach The Taoiseach (, ) is the head of government or prime minister of Republic of Ireland, Ireland. The office is appointed by the President of Ireland upon nomination by Dáil Éireann (the lower house of the Oireachtas, Ireland's national legisl ..., he was appointed as Minister of State at the Department of the Environment, Community and Local Government with special responsibility for Housing, Urban Renewal ...
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