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MY | MONEY NEWS
Eurozone ministers have declared the end of the Greek debt crisis, agreeing debt relief and a big cash payout for the Mediterranean nation. It is part of a broad bailout exit deal that will close eight years of financial rescues for cash-strapped Athens. Greece is slated to leave its financial rescue on 20 August and finance ministers from the 19 countries that use the single currency were under pressure to offer Athens a goodbye deal that left it strong in the eyes of the financial markets. | Aerospace firm Airbus has warned it could pull out of the UK with the loss of thousands of jobs at 25 sites across the country in the event of a "no-deal" Brexit. A 'risk assessment' posted on its website said it would "reconsider its investments in the UK, and its long-term footprint in the country" if Britain crashed out of the single market and customs union without a transition agreement. It also said softer plans for a transition period ending in December 2020 were still too short to adapt its supply chain and would prevent it from expanding its UK supplier base. | The number of home mortgages in arrears for more than 90 days fell to 6.7% in the first quarter of 2018 from an upwardly revised 6.8% three months earlier, new figures from the Central Bank reveal. The Central Bank said this marked the 18th consecutive decline in the level of arrears. Today's figures also show that accounts in arrears over 720 days also declined slightly to just under 30,000, the 11th decline in a row. But the Central Bank said this still represented 41% of homeowners who have missed payments and at €2.6 billion, they make up 90% of all arrears balances outstanding. | The Central Statistics Office has said the country's population is projected to reach 6.69 million by 2051, if the country sees high inward migration and high fertility rates. The CSO said that even with low inward migration and declining fertility, the population is still expected to reach 5.58 million by 2051. The latest Census figures showed that the population stood at 4.74 million in April 2016. Today's CSO figures predict the number of primary school-aged children is set to rise from its 2016 level of 548,100 to between 555,500 and 562,000 by 2021. | Slumping US industrial giant General Electric will be removed from the prestigious Dow Jones stock index, S&P Dow Jones Indices have said. GE will be replaced on June 26 by pharmacy chain Walgreens Boots Alliance, which will contributThe UK's withdrawal from the European Union and its impact on primary dealers in government bond markets is a big concern for euro zone governments. This is according to officials from the Irish and Finnish debt management agencies. The numbers of primary dealers - banks that are appointed by governments to buy their debt at auctions and sell them on to investors - have fallen in recent years. | The Taoiseach has accused the UK of stalling progress in Brexit negotiations and warned of the consequences of not striking a deal on the border. Leo Varadkar suggested other countries will baulk at signing trade deals with the UK after Brexit if British Prime Minister Theresa May fails to honour commitments made to the EU on the Irish issue. Mr Varadkar's comments came amid a stand-off over how to avoid a hard border on the island when the UK leaves the EU. |||