Options for Ireland’s Legacy Bank Debt
Prior to the recent European elections, I was commissioned by the Labour Party to write a briefing document outlining the […]
Banking, Irish Economy
Irish Economy
Central Banks, Irish Economy
The ECB’s Secret Letter To Ireland: Still Secret
With the release of Trichet’s August 2011 letter to Spain, worth noting that his November 2010 letter to Brian Lenihan
Central Banks, Irish Economy
Serious Questions For Draghi On The OMT Program
The various statements from Michael Noonan and ECB board member Jörg Asmussen raise some very serious questions for Mario Draghi about
Central Banks, Euro Crisis, Irish Economy
Ireland Exits Bailout With No Backstop: A Good News Story?
After years of turmoil, Europe seems to finally have a good news story. Ireland will be the first of country to
Banking, Irish Economy
Ireland’s Blanket Guarantee Supporters: Still Wrong After All These Years
Five years ago, Ireland’s government guaranteed almost all of the debts of six privately-owned banks. The subsequent bailout of these
Euro Crisis, Irish Economy, Politics
Are the EU and IMF Bullying Ireland?
Back to blogging again after a rare bit of time off over the summer, here are some comments on the
Banking, Irish Economy
The Anglo Tapes, The Guarantee And Ireland’s Economic Crisis
Probably the biggest economic story in Europe this week has been the release of recorded phone calls from 2008 between executives of
Banking, Euro Crisis, Irish Economy
Cyprus: Europe Rolls the Dice on its Banks
My reaction to the final agreement on Cyprus including a link to an op-ed I wrote for the Irish Times.
Central Banks, Irish Economy
Ireland’s Promissory Note Deal
Ding dong the wicked bank is dead. Anglo Irish Bank is no more. Its successor, the Irish Bank Resolution Corporation is
Banking, Central Banks, Irish Economy
How Much Would Ireland Benefit from Replacing the Promissory Notes with a Long-Term Bond?
Lots of people I’ve spoken with about the dreaded Anglo promissory notes are mystified at why the Irish government seems