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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
IRELAND
The opposition is set to fall short in its efforts to oust the coalition gov't of Taoiseach (PM) Leo Varadkar, with the parties of gov't and a number of independent lawmakers (TDs) set to ensure that the majority threshold is not crossed. The centre-left Labour Party put forward the motion of no confidence over the gov'ts end to a ban on evictions of those in rental properties that was in place over the winter.
- The debate over the confidence motion is currently ongoing in the lower house (Dáil Éireann) of the Irish Parliament (Oireachtas), and can be viewed here: https://www.oireachtas.ie/en/oireachtas-tv/dail-ei...
- The debate is set to conclude around 1145BST (0645ET, 1245CET), at which point the vote will take place.
- The three-party governing coalition of Varadkar's centre-right Fine Gael, Tánaiste (Deputy PM) Micheal Martin's centrist Fianna Fail, and the environmentalist Greens hold 80 seats in the Dail, compared to 79 for the opposition and independents. With RTE reporting that three independent TDs (Cathal Berry, Sean Canney and Denis Naughton) are set to back the gov't the motion seems set to fail.
Chart 1. Dail Eireann, Seats
Source: Oireachtas, MNI
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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