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
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
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
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
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
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
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
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.