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The post-2008 Irish banking crisis was when a number of Irish financial institutions faced almost imminent collapse due to insolvency during the Great Recession. In response, the Irish government instigated a €64 billion bank bailout. This then led to a number of unexpected revelations about the business affairs of some banks and business people.
The economy and government finances began to show signs of impending recession by the end of 2007 when tax revenues fell short of the 2007 annual budget forecast by €2.3 billion (5%), with stamp duties and income tax both falling short by €0.8 billion (19% and 5%) resulting in the 2007 general government budget surplus of €2.3 billion (1.2% of GDP) being wiped out.
2011 Irish general election (1 C, 7 P) Pages in category "Post-2008 Irish economic downturn" ... Post-2008 Irish banking crisis; Bankruptcy tourism;
2008 elections in the Republic of Ireland (1 P) F. Post-2008 Irish economic downturn (1 C, 56 P) ... Post-2008 Irish economic downturn; J. Jamboree 2008 (Ireland) O.
Voters across Ireland cast their ballots in the country’s general election on 29 November and, with all seats counted, the Fianna Fáil and Fine Gael coalition is likely to continue as support ...
2008 elections in Ireland (1 C) 0–9. 30th Dáil (2 C, 13 P) Pages in category "2008 in Irish politics" The following 7 pages are in this category, out of 7 total.
October 2, 2008: Stock market indices fell 4% as investors were nervous ahead of a vote in the U.S. House of Representatives on the Emergency Economic Stabilization Act of 2008. [147] October 3, 2008: The House of Representatives passed the Emergency Economic Stabilization Act of 2008 and the $700 billion Troubled Asset Relief Program. [148]
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