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By Reuters Staff 1 Min Read DUBLIN, Feb 18 (Reuters) - Media reports that NatWest may exit the Irish market after a months-long strategic review of its operations there is a matter of real concern, Irish Deputy Prime Minister Leo Varadkar said on Thursday. The Irish Times reported on Wednesday that the NatWest board was set to decide on Thursday on a proposal to wind down its operations in the Republic of Ireland. The Financial Times also reported it was preparing to start a phased withdrawal, citing sources familiar with its plans. “It is a matter of real concern and one the government is taking very seriously and a matter of real concern to Ulster Bank’s customers, its staff and the communities it serves,” Varadkar told parliament, referring to NatWest’s Irish unit. (Reporting by Padraic Halpin; Editing by Edmund Blair) ....
By Reuters Staff 1 Min Read DUBLIN, Feb 18 (Reuters) - Ireland and IAG’s Irish airline Aer Lingus are engaged in discussions about the government providing further financial support for the former flag carrier, Deputy Prime Minister Leo Varadkar said on Thursday. Ireland’s sovereign wealth fund said earlier this month that it had provided a 150 million euro ($181.2 million) three-year loan to the airline that is also a recipient of the state’s wage subsidy scheme for firms hit by the COVID-19 pandemic. “To say very clearly, Aer Lingus will not be allowed to fail. It is already receiving substantial financial support from government. Discussions are underway on further support for the company so it is there when we need it again,” Varadkar told parliament. ($1 = 0.8279 euros) (Reporting by Padraic Halpin; Editing by Jan Harvey) ....
Germany is considering suspending flights from more countries, including Ireland, over concerns of a more transmissible COVID-19 variant, German broadcaster n-tv reported on Friday, citing government sources. ....