Search Results for 'European Investment Bank'

Establishing a new stand-alone bank for farmers is the only solution to the closure of the ACC Bank and the increasing dominance of AIB and Bank of Ireland in the State’s banking sector.

Construction has officially begun on the new Athlone Community College building.

The Galway City Outer Bypass’ inclusion in the Government’s €2 billion economic stimulus is “the single most significant step in its progression since the idea was first conceived”.

Three Galway schools are to benefit from major improvement works after it was announced that the European Investment Bank has formally agreed to provide €100 million to the Irish Government for capital investment in schools across the country over the next two years.

The Galway City Outer Bypass has been included in a shortlist of five roads projects to be progressed under a new economic stimulus package currently being negotiated by the Government.

Government investment in natural gas infrastructure could bring significant economic benefits to businesses and households in the Western Region. By extending and upgrading the grid infrastructure in the northwest, competitiveness for key industry sectors could be enhanced. Businesses are currently paying an estimated €16 million more each year for fuel than they would be if they could use natural gas. Annual energy prices for newly connected households could be reduced by up to €485 per household and almost 61 tonnes of savings in CO2 emissions could be secured. That is according to a policy briefing published by the Western Development Commission (WDC), ‘Why Invest in Gas? Benefits of natural gas infrastructure for the North West’.

ESB’s WestWave Project has been selected by the Department of Communications, Energy and Natural Resources (DCENR) as one of the projects to go forward for evaluation by the European Investment Bank (EIB) under the EU New Entrant Reserve (NER300) funding mechanism.

There was good news for businesses yesterday when it was announced that Bank of Scotland Ireland has said it will lend €1 billion to consumers and businesses in 2009.

Minister of State at the Department of Trade and Enterprise, John McGuinness has welcomed the news that the European Investment Bank is making a total of €300 million available for loans for Irish small and medium sized firms.

The European Union is moving centre stage in helping Ireland pull out of economic recession according to Kilkenny MEP Liam Aylward.