Daily Archives: December 12, 2012

It’s time to deal with mortgage arrears

Posted on by David Murphy

By David Murphy, Business Editor @davidmurphyRTE For many families next year will be defined by what is perhaps one of the most frightening chapters of the crisis as Ireland grapples with mortgage arrears. Thousands remain in limbo while the personal … Continue reading

Killing Drachmaphobia

Posted on by Sean Whelan

  By Economics Correspondent Seán Whelan in Greece @seanwhelanRTE There is an EU Summit in Brussels on Thursday and Friday of this week, but there is also a meeting of the Eurogroup finance ministers, who are expected to take a … Continue reading

Budget 2013 – Some observations

Posted on by Sean Whelan

  By Economics Correspondent Seán Whelan @seanwhelanRTE  They cut less than they said they would.  And they taxed more than they said they would. Overall the Budget adjustment is the advertised €3.5 billion. But up until Saturday morning the official … Continue reading

Property tax – a blow to those in arrears

Posted on by David Murphy

By Business Editor David Murphy @davidmurphyRTE Make no mistake. This property tax is tough. And the timing, at the nadir of an economic cycle, makes it even harder. While people on social welfare will be able – mostly – to defer … Continue reading

How China won the Iraq war

Posted on by Sean Whelan

by Economics Correspondent Seán Whelan @seanwhelanRTE It seems the answer to the question “who won the Iraq war?” is – China.  India might also be deemed an acceptable answer. But China looks like the real winner of the Iraq war.  … Continue reading