Blog Posts by Sean Whelan

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Taxdodger News – Brussels edition

Posted on by Sean Whelan

By Economics Correspondent Sean Whelan The Brussels Economic Forum was on earlier this week: I was there hoping to hear ideas on how to refloat the European economy. Meanwhile across the road, the European Commission opened a new front on … Continue reading

Tell us your feelings

Posted on by Sean Whelan

By Sean Whelan, Economics Correspondent An interesting new economic indicator has been released by KBC Bank and Chartered Accountants Ireland. It’s a Business Sentiment Index, of the sort that several other countries have, but – until now – Ireland has … Continue reading

Income tax relief?

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By Sean Whelan, Economics Correspondent “ My officials constantly model and examine potential options for changes to the tax system for my consideration as part of the overall Budget package”, said Michael Noonan in a written reply to Sinn Féin … Continue reading

Dog whistle politics and the next Budget

Posted on by Sean Whelan

By Economics Correspondent Sean Whelan Sometimes it really is amazing how people only hear what they want to hear. Last week’s ESRI quarterly commentary is a case in point.

IMF focuses on distressed loans

Posted on by Sean Whelan

  The latest IMF Global Financial Stability Report contains a substantial item on distressed bank loans in the Euro Area. It comes to the conclusion that “without significant policy efforts to address the burden of nonperforming loans, some economies may … Continue reading

NCC warning on competitiveness challenges

Posted on by Sean Whelan

  At least the National Competitiveness Council hasn’t been taken in by the hype over property prices. It clearly sees the dangers of rapidly rising house prices and rental costs – at least from a cost competitiveness point of view.  … Continue reading

More tax dodger news

Posted on by Sean Whelan

By Economics Editor Sean Whelan Once upon a time tax dodging was relatively easy; you just got your cash to the Isle of Man or Jersey and slipped it into a bank account owned by a nominee holding company. And … Continue reading

Banking as a profession?

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Here is another of my very lazy “blogs”, this one courtesy of a consultation document on the possible development of a bankers professional body in Britain. The consultation is being carried out by Sir Richard Lambert, former editor of the … Continue reading

Household debt or Government debt – which is worse?

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By Economics Correspondent Sean Whelan The news that AIB is going to write down the “warehoused” portion of debt in split mortgages from now on is to be welcomed. It is a belated recognition from a big bank that some … Continue reading

IMF says structural reforms are key for growth

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by Sean Whelan, Economics Correspondent The IMF has just published a new book by a number of its staffers called “Jobs and Growth : supporting the European Recovery”. Christine Lagarde, the IMF’s managing director, identifies three priorities – a better … Continue reading

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