ECB Secret Letter to Ireland To Be Released?
Proof perhaps that sometimes even a humble blog post can have some impact, it appears that we have had some […]
Central Banks
Central Banks
Central Banks
The ECB’s Secret Letter to Ireland: Some Questions
By announcing it is only willing to purchase Spanish and Italian government bonds if these governments apply for funding from
Central Banks, Euro Crisis
Is the ECB Risking Insolvency? Does it Matter?
After Mario Draghi’s hints that the ECB is getting ready to purchase large quantities of Spanish and Italian bonds, expect to read
Central Banks, Euro Crisis
ECB : We’ll Do What It Takes. Kinda. Sorta. Later.
My thoughts on today’s ECB Governing Council announcements are here.
Central Banks, Euro Crisis
The Secret Tool Draghi Uses to Run Europe
Everyone knows central banks are powerful. When I used to visit Alan Greenspan’s office back when I worked for the
Banking, Central Banks, Irish Economy
Ireland Debt Negotiations: Not About Interest Rate on Promissory Note
The byzantine complexities of the IBRC’s promissory note-emergency liquidity assistance arrangements are such that it is inevitable that even the
Banking, Central Banks, Teaching
International Money and Banking
Lecture notes for the University College Dublin module International Money and Banking (ECON30150) which was taught by Professor Karl Whelan
Central Banks, Euro Crisis
ECB Makes Crucial Policy Change on Bank Bailouts
The Wall Street Journal is reporting that the ECB has changed its position on the need to protect all senior
Central Banks, Irish Economy
New Briefing Paper: Ireland and the ECB
I have written a new briefing paper for the European Parliament’s Economic and Monetary Affairs committee. The paper discusses the
Central Banks, Euro Crisis
Memo to Draghi: Dead Central Banks Don’t Have Credibility
Mario Draghi today effectively ruled out the idea of ESM getting a banking license. I think this was a very