Daily Archives: February 23, 2013

On the horns of a dilemma for Spain’s jobless

Posted on by David Murphy

By David Murphy, Business Editor in Madrid The Spanish crash has parallels with Ireland’s economic collapse. Banks in both countries funded a misguided building boom, the lenders were bailed out and the construction sector imploded. Now unemployment is a huge … Continue reading

There were two bad banks – now there is one

Posted on by David Murphy

By David Murphy, Business Editor During Mike Aynsley’s tenure as boss of IBRC, formerly Anglo Irish Bank, he pulled off a few feats. One was to shrink the bank’s loan book from €100 billion to €15 billion, another was to … Continue reading

Say it in plain German

Posted on by Sean Whelan

  by Seán Whelan, Economics Correspondent Back in the early part of the last decade, Peer Steinbruck was prime minister of NorthRhein-Westphalia.  He visited Dublin in an official capacity, as part of a roadshow, touting NRW state bonds to investors … Continue reading