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Post-2008 Irish Economic Downturn
The post-2008 Irish economic downturn in the Republic of Ireland, coincided with a series of banking scandals, followed the 1990s and 2000s Celtic Tiger period of rapid real economic growth fuelled by foreign direct investment, a subsequent property bubble which rendered the real economy uncompetitive, and an expansion in bank lending in the early 2000s. An initial slowdown in economic growth amid the international financial crisis of 2007–2008 greatly intensified in late 2008 and the country fell into recession for the first time since the 1980s. Emigration, as did unemployment (particularly in the construction sector), escalated to levels not seen since that decade. The Irish Stock Exchange (ISEQ) general index, which reached a peak of 10,000 points briefly in April 2007, fell to 1,987 points—a 14-year low—on 24 February 2009 (the last time it was under 2,000 being mid-1995). In September 2008, the Irish government—a Fianna Fáil–Green coalition—officially acknow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Surplus Or Deficit Since 2001 (piiggs And US)
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Green Party (Ireland)
The Green Party ( ga, Comhaontas Glas, , Green Alliance) is a green political party that operates in the Republic of Ireland and Northern Ireland. As other like-minded Green parties, it has eco-socialist/green left and more moderate factions. It holds a pro-European stance. It was founded as the Ecology Party of Ireland in 1981 by Dublin teacher Christopher Fettes. The party became the Green Alliance in 1983 and adopted its current English language name in 1987 while the Irish name was kept unchanged. The party leader is Eamon Ryan, and the deputy leader is Catherine Martin and the Cathoirleach (chairperson) is Pauline O'Reilly. Green Party candidates have been elected to most levels of representation: local government (in both the Republic and Northern Ireland), Dáil Éireann, the Northern Ireland Assembly, and the European Parliament. The Green Party first entered the Dáil in 1989. It has participated in the Irish government twice, from 2007 to 2011 as junior partner in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Labour Party (Ireland)
The Labour Party ( ga, Páirtí an Lucht Oibre, literally "Party of the Working People") is a centre-left and social-democratic political party in the Republic of Ireland. Founded on 28 May 1912 in Clonmel, County Tipperary, by James Connolly, James Larkin, and William O'Brien as the political wing of the Irish Trades Union Congress, it describes itself as a "democratic socialist party" in its constitution. Labour continues to be the political arm of the Irish trade union and labour movement and seeks to represent workers' interests in the Dáil and on a local level. Unlike many other Irish political parties, Labour did not arise as a faction of the original Sinn Féin party, although it incorporated Democratic Left in 1999, a party that traced its origins back to Sinn Féin. The party has served as a partner in coalition governments on eight occasions since its formation: seven times in coalition either with Fine Gael alone or with Fine Gael and other smaller parties, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fine Gael
Fine Gael (, ; English: "Family (or Tribe) of the Irish") is a liberal-conservative and Christian-democratic political party in Ireland. Fine Gael is currently the third-largest party in the Republic of Ireland in terms of members of Dáil Éireann and largest in terms of Irish members of the European Parliament. The party has a membership of 25,000 in 2021. Leo Varadkar succeeded Enda Kenny as party leader on 2 June 2017 and as Taoiseach on 14 June; Kenny had been leader since 2002, and Taoiseach since 2011. Fine Gael was founded on 8 September 1933 following the merger of its parent party Cumann na nGaedheal, the National Centre Party and the Army Comrades Association. Its origins lie in the struggle for Irish independence and the pro-Treaty side in the Irish Civil War, with the party claiming the legacy of Michael Collins. In its early years, the party was commonly known as ''Fine Gael – The United Ireland Party'', abbreviated ''UIP'', and its official title in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Irish Times
''The Irish Times'' is an Irish daily broadsheet newspaper and online digital publication. It launched on 29 March 1859. The editor is Ruadhán Mac Cormaic. It is published every day except Sundays. ''The Irish Times'' is considered a newspaper of record for Ireland. Though formed as a Protestant nationalist paper, within two decades and under new owners it had become the voice of British unionism in Ireland. It is no longer a pro unionist paper; it presents itself politically as "liberal and progressive", as well as being centre-right on economic issues. The editorship of the newspaper from 1859 until 1986 was controlled by the Anglo-Irish Protestant minority, only gaining its first nominal Irish Catholic editor 127 years into its existence. The paper's most prominent columnists include writer and arts commentator Fintan O'Toole and satirist Miriam Lord. The late Taoiseach Garret FitzGerald was once a columnist. Senior international figures, including Tony Blair and B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Central Bank
The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's most important central banks. The ECB Governing Council makes the projects for the monetary policy for the European Union with suggestions and recommendations and to the Eurozone with more direct applications of such policies, it also administers the foreign exchange reserves of EU member states in the Eurozone, engages in foreign exchange operations, and defines the intermediate monetary aims and objectives, and also the common interest rates for the EU. The ECB Executive Board makes policies and decisions of the Governing Council, and may give direction to the national central banks, especially when doing so for the Eurozone central banks. The ECB has the exclusive right to authorise the issuance of euro banknotes. EU member states can issue their langu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a ''sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brian Cowen
Brian Bernard Cowen (born 10 January 1960) is an Irish former politician who served as Taoiseach and Leader of Fianna Fáil from 2008 to 2011. Cowen was elected to Dáil Éireann in 1984, for the constituency of Laois–Offaly and served in a number of ministerial roles, including Minister for Labour from 1992 to 1993, Minister for Transport, Energy and Communications from 1993 to 1994, Minister for Health and Children from 1997 to 2000, Minister for Foreign Affairs from 2000 to 2004, Minister for Finance from 2004 to 2008 and Tánaiste from 2007 to 2008. Cowen was elected Leader of Fianna Fáil in May 2008, upon the resignation of Bertie Ahern, and was nominated by Dáil Éireann to replace him as Taoiseach. Weeks after taking office, his administration faced the Irish financial and banking crises. He received substantial criticism for his failure to stem the tide of either crisis, ultimately culminating in the Irish Government's formal request for financial aid from th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Asset Management Agency
The National Asset Management Agency (NAMA; ga, Gníomhaireacht Náisiúnta um Bhainistíocht Sócmhainní) 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iris Oifigiúil
''Iris Oifigiúil'' (; "''Official Journal''") is the official gazette of the Government of Ireland. It replaced ''The Dublin Gazette'', the gazette of the Dublin Castle administration, on 31 January 1922. ''The Belfast Gazette'' was established for the same purpose in the newly created Northern Ireland on 7 June 1921. ''Iris Oifigiúil'' is sometimes referred to as the ''Irish State Gazette'' in English and has been issued twice weekly on Tuesdays and Fridays since 1922. Prima facie evidence on notices of government business are published in the newspaper; these include orders, rules, and proclamations. The paper is published as a hard copy by the Office of Public Works. Since 2002, most contents are also published in the online edition. An exception is notices of naturalization: these are required under the Irish Nationality and Citizenship Act 1956 but online publication was stopped in 2016 on data privacy grounds. At the same time, the search functionality was removed f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Action
Industrial action (British English) or job action (American English) is a temporary show of dissatisfaction by employees—especially a strike or slowdown or working to rule—to protest against bad working conditions or low pay and to increase bargaining power with the employer and intended to force the employer to improve them by reducing productivity in a workplace. Industrial action is usually organized by trade unions or other organised labour, most commonly when employees are forced out of work due to contract termination and without reaching an agreement with the employer. Quite often it is used and interpreted as a euphemism A euphemism () is an innocuous word or expression used in place of one that is deemed offensive or suggests something unpleasant. Some euphemisms are intended to amuse, while others use bland, inoffensive terms for concepts that the user wishes ... for strike or mass strike, but the scope is much wider. Industrial action may take place in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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