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 →
by Economics Correspondent Seán Whelan @seanwhelanRTE No doubt we could all think of better things to do with €3.1 billion than paying off the promissory notes used to bail out Anglo Irish Bank and Irish Nationwide Building Society. My … Continue reading →
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 →
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 →
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 →
By Economics Correspondent Seán Whelan @seanwhelanRTE It’s a number that leaps off the page – €1.9 billion in interest for the promissory note payment due next March. It alone counts for most of the €3 billion jump in debt service … Continue reading →
by Economics Correspondent Sean Whelan @seanwhelanRTE Bathurst is a small town 200km west of Sydney that is best known (to me at least) as the home of the Bathurst 1000 motor race. It is not known as a place … Continue reading →
By Economics Correspondent Seán Whelan @seanwhelanRTE Just when you think you’re getting somewhere with the talks on Ireland’s bank debt burden, more Greek problems jump up and cause panic, like a horror-film monster that refuses to die. First there is … Continue reading →
By Economics Correspondent Seán Whelan @seanwhelanRTE This might just be the speech of the year. Andrew Haldane, the Executive Director of the Bank of England in charge of Financial Stability, and a top policy making official at the bank, went … Continue reading →
By Economics Correspondent Seán Whelan @seanwhelanRTE Wolfgang Schäuble’s visit to Dublin was designed to avoid causing another fit of the vapours among hypersensitive commentators on Ireland’s debt problems. He largely succeeded in that objective by sticking to the script written … Continue reading →