Daily Archives: April 29, 2013

The Xtra-vision story may not have a happy ending

Posted on by David Murphy

On the surface there may be reasons to be optimistic that Xtra-vision can survive in some form. But dig deeper and the future looks bleak. The stores are remaining open while the search begins for a buyer. The receiver says … Continue reading

How to do a banking inquiry

Posted on by Sean Whelan

By Sean Whelan, Economics Correspondent So it looks like Matthew Elderfield is off to Lloyds Bank in London. There is certainly a big job to be done in repairing the regulatory side there, if the recent UK Houses of Parliament … Continue reading

The End of Austerity?

Posted on by Sean Whelan

By Sean Whelan, Economics Correspondent “The Commission does not believe that cutbacks are the solution to Europe’s challenges. But, yes, sound public finances are an essential part of sustainable growth”. – Jose Manuel Barroso, Friends of Europe Roundtable, October 2011 … Continue reading

Householders facing hot water?

Posted on by David Murphy

By Business Editor David Murphy Householders will have to pay water bills in future. It is not entirely clear when that will happen. But the big question is whether they will be paying for an efficient well-run service? A draft … Continue reading

The Gang of Ten

Posted on by Sean Whelan

By Seán Whelan Economics Correspondent The good news from Olivier  Blanchard, the chief economist of the IMF and main author of its World Economic Outlook, is that only ten advanced countries have such big debt and deficit problems that they … Continue reading

Lessons from Dublin EcoFin meeting (Part 1)

Posted on by Sean Whelan

by Seán Whelan, Economics Correspondent. Michael Noonan invited the Brussels-based economic think tank Bruegel to contribute a thought provoking paper to the ECOFIN meeting in Dublin Castle last Friday on Europe’s growth problem.  Director Jean Pisani-Ferry and economist Zsolt Darvas … Continue reading

EcoFin comes to town

Posted on by Sean Whelan

  by Economics Correspondent Seán Whelan Dublin Castle is the venue for this week’s meeting of EU Finance and Economics Ministers, along with Commissioners Olli Rehn and Michel Barnier, and the governors of the euro zone’s central banks. Fresh from … Continue reading

Oops. They missed. Economic forecasts for Ireland 2002 – 2011

Posted on by David Murphy

by Business Editor David Murphy Later this month the Department of Finance will update its forecasts for the Irish economy. Economic forecasts matter; yet they are frequently wrong and fail to predict important developments.