Almost half of Irish adults have disposable income of less than €100 a month

Results from the first Irish League of Credit Unions What’s Left tracker index for 2012, released today, show that almost half (47%) of Irish adults have less than €100 per month left over after all essential bills have been paid. 61% have less than €150. A quarter of working adults have a disposable income of less than €50 per month.

Half of those surveyed said they have experienced a fall in disposable income compared to six months ago.

Donnelly: €1.5bn bond paid with 'hardly a murmur'

In a statement earlier today Stephen Donnelly, TD for Wicklow and East Carlow, raised the issue of today's €1.5bn payment to unsecured, unguaranteed bondholders at state-owned AIB, and pointed out that the cost of this payment per household is €1,100 - or 11 times the Household Charge. Read the full text of his statement below. 

Moyle prepares to sign twinning agreement with Gaza

Padraig Mc Shane, Independent Chairman of Moyle District Council in North Antrim, is currently in Gaza and is preparing to sign a twinning agreement later today with the Mediterranean coastal enclave. The twinning is the first of its kind in the UK or Ireland and the first anywhere in the world since the siege on Gaza began.

Campaigners say promissory deal is a 'stitch up' and a lost opportunity

Above: Hoarding around the unfinished Anglo HQ in the Dublin docklands

The Anglo: Not Our Debt Campaign has described the deal on the deferral of the €3.1 billion promissory note payment due tomorrow as a “political stroke” that does not address the real issue and that squanders an opportunity to write down an illegitimate debt.