Monthly Archives: March 2014

FG must stand up for Mayo post offices – Calleary

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Mayo communities at risk of losing another key community service Mayo communities are at risk of losing yet another vital local service as post offices face the renewed threat of closure, according to Mayo Deputy Dara Calleary. The Fianna Fáil TD has called on Mayo’s four government TDs, including the Taoiseach, to put a stop to the threatened attack on rural post offices in Mayo. “Mayo communities have lost far too many local services in recent years. Our community garda services have been cut, bank branches have closed down, many local businesses have been forced to shut their doors, jobs have been lost, funding for local services has been cut […]

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ISME report proves Govt abandonment of SMEs

Fianna Fáil Spokesperson on Jobs Dara Calleary has said a new report showing more and more small businesses are being turned down for credit is further proof of a deepening credit crisis in this country. The ISME figures show that 54% of credit requests from SMEs are being turned down by lenders.  That’s up 4% in just three months.   It comes after a Central Bank report published last week revealed that lending to SMEs dropped by 6.2% last year. “It is clear from these figures and from the recent Central Bank report that the economy is being starved of credit,” said Deputy Calleary. “This is further proof of a deepening […]

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Calleary calls for an end to job uncertainty at Elverys

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Fianna Fáil Spokesperson on Jobs Dara Calleary has called on NAMA to give serious consideration to the bid by Elverys management to take over the retail chain. There are currently 6 parties interested in Elverys.  It’s understood that the management bid, which has not been allowed to proceed to date, would save all 654 jobs at the company across the country. “The uncertainty about the future of this iconic Irish retailer has been going on far too long.  It is crucial that the need to save all 654 jobs is not lost amid the tussling between bidders,” said Deputy Calleary. “Elverys is in 56 communities across the country.   The loss […]

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Govt washes its hands of SMEs as economy starved of credit

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Fianna Fáil Jobs Spokesperson Dara Calleary has accused the Government of washing its hands of SMEs as new figures show the economy is being starved of credit. The figures from the Central Bank show that lending to SMEs dropped by 6.2% last year.  Gross new lending to SMEs amounted to €1.9billion. The outstanding amount of credit advanced to SMEs dropped by 5.5% last year, while SME non-financial credit fell by 5.1%. “These figures show across the board reductions in all types of credit available to SMEs in all sectors last year.  It’s clear that the credit crisis is deepening, with banks restricting the working capital available to viable businesses and […]

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