EVERY EVENING, TheJournal.ie brings you five things you should know by 5pm.
1. #GREENSTAR: A receiver has been appointed to Greenstar Waste management – a company that employs 800 people have provides waste services to 80,000 households. The south Dublin-based company owes €83m to seven banks, including Bank of Ireland, Bank of Scotland (Ireland) and Ulster Bank. The company has expressed disappointment that its lenders had demanded immediate payment “of all Greenstar facilities without any prior indication or notice.”
2. #ARREARS: The number of mortgages in arrears in Ireland has risen to record levels, according to new research from the Central Bank. Almost 130,000 mortgages are in arrears of some kind and, of those, 83,251 private residential mortgages (10.9 per cent of the total number of mortgages) are in arrears of at least three months.
3. #TAXIS: Management at Dublin Airport and groups representing taxi drivers are currently meeting in a bid to end a dispute which has seen drivers withdraw services for passengers at the airport. Dublin Airport Authority (DAA) has urged taxi drivers to resume service to the public, but drivers have refused to take fares again today as the dispute continues over amendment to the temporary overflow area for taxis which saw the number of parking spaces reduced by about 70.
4. #RECESSION: A report from market research group Markit Purchasing Managers’ Index (PMI) has shown that the economic downturn in the eurozone has extended into its seventh month – indicating that the European economy is dropping back into recession. While the rate of contraction in France eased, it gathered pace in Germany and there were further marked declines in output outside of the ‘big-two’ economies.
5. #BIG FAT GREEK SALE: Greece’s Prime Minister has announced his country is ready to put some of its uninhabited islands up for sale. Antonis Samaris told Le Monde that his government planned to accelerate the privatisation of some State assets and is to give up uninhabited islands. There are about 6,000 islands and islets in the Greek archipelago; of these, just 227 are inhabited which means that the rest are potentially up for grabs.
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