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Nama assets are transferred to the NTMA resolution unit, following pressure from the ECB and involvement from the IMF and EC.

4 reports, 1 independent Updated Aug 15
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4
Developments
3
Repetition
50%

New informationRepeats or wire copies

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What happened

Some supportReported by 1 outlet

Nama assets are transferred to the NTMA resolution unit, following pressure from the ECB and involvement from the IMF and EC.

Who's involved

What this event is mainly about

How it developed

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  1. NAMA paid €8 million in termination payments, while local authorities manage housing development in Dublin.Sub-event
  2. Government established Nama to manage failed banks and secured financial support from the Central Bank.1 source
  3. Nama assets are transferred to the NTMA resolution unit as part of the bailout framework.1 source

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Coverage

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1 more outlet ran the same wire story