Follow @PoliticsIE
 
 
 
Page 1 of 13 1234511 ... LastLast
Results 1 to 10 of 127

Thread: Ratings agency S&P upgrades Irish outlook to stable from negative

  1. #1
    Politics.ie Member Marcos the black's Avatar
    Join Date
    Feb 2009
    Location
    Knowhere
    Posts
    18,133
    Mentioned
    0 Post(s)

    Default Ratings agency S&P upgrades Irish outlook to stable from negative

    Ratings agency S&P upgrades Irish outlook to stable from negative - Independent.ie

    "The change comes just days after the Government, led by Finance Minister Michael Noonan, secured a deal on the Anglo promissory note debt with the European Central Bank.

    The move "reflects our expectation that the exchange of promissory notes for longer-term government bonds significantly reduces the Irish government's debt-servicing costs and refinancing risk, and supports medium-term fiscal consolidation,” S&P said in a statement."

    More good news in light of the deal struck last week. So not only has our bond yields gone down on foot of the deal, but now we are being upgraded too... Another FF "achievement" lifted from our heads.

    More of the same please.
    You'll never go broke appealing to the lowest common denominator.

  2. #2
    Politics.ie Member Crazy horse 6's Avatar
    Join Date
    Dec 2011
    Location
    Tallaght
    Posts
    13,501
    Mentioned
    0 Post(s)

    Default

    Where are the jobs?

  3. #3

    Default

    Why wouldn't they? They now know we're such complete suckers that we'll take on any debts and lump them on our children, even those that don't belong to us.
    Thank you for the six thousand likes.

  4. #4
    Politics.ie Member DaveM's Avatar
    Join Date
    Sep 2007
    Posts
    16,004
    Mentioned
    1 Post(s)

    Default

    A ratings agency said that? Has to be true so
    Tantum religio potuit suadere malorum.

  5. #5
    Politics.ie Member Marcos the black's Avatar
    Join Date
    Feb 2009
    Location
    Knowhere
    Posts
    18,133
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Crazy horse 6 View Post
    Where are the jobs?
    This move is part of the overall improving business environment which will lead to jobs. A step in the right direction if you like.
    You'll never go broke appealing to the lowest common denominator.

  6. #6
    Politics.ie Member linny55's Avatar
    Join Date
    Mar 2011
    Location
    Cork
    Posts
    4,473
    Mentioned
    0 Post(s)

    Default

    there must be money in it for them.

  7. #7
    Politics.ie Member
    Join Date
    Jan 2009
    Posts
    2,227
    Mentioned
    0 Post(s)

    Default

    Ratings agencies are part of the problem but nonetheless this news is welcome. But there has to be a jobs benefit on the ground.

  8. #8
    Politics.ie Member commonman's Avatar
    Join Date
    May 2010
    Posts
    5,345
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Marcos the black View Post
    This move is part of the overall improving business environment which will lead to jobs. A step in the right direction if you like.
    Our unemployment rate is 14.6% can you see it falling by say 4 or 5% in the next few years.

  9. #9
    Politics.ie Member wombat's Avatar
    Join Date
    Jun 2007
    Posts
    31,193
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Crazy horse 6 View Post
    Where are the jobs?
    Mostly in the multinationals for people with skills which are in demand both here and abroad. Our problem is to get more of the middle to low skill jobs on offer. Ultimately that is what the govt. will be judged on.

  10. #10
    Politics.ie Member wombat's Avatar
    Join Date
    Jun 2007
    Posts
    31,193
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by commonman View Post
    Our unemployment rate is 14.6% can you see it falling by say 4 or 5% in the next few years.
    Yes but it will take a lot of effort on multiple fronts.

Page 1 of 13 1234511 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •