Updated 9:55 am, February 11, 2013

Blog Posts by Seán Whelan

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Say it in plain German

Posted on by Seán 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

Promissory note – the final frontier

Posted on by Seán Whelan

  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

Killing Drachmaphobia

Posted on by Seán Whelan

  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

Budget 2013 – Some observations

Posted on by Seán Whelan

  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

How China won the Iraq war

Posted on by Seán Whelan

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

Debt Service and the Promissory note

Posted on by Seán Whelan

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

Judge 1 – Rating Agency 0

Posted on by Seán Whelan

  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

Greek problems could cloud Kenny-Merkel talks

Posted on by Seán Whelan

 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

Occupy was right, says Bank of England director

Posted on by Seán Whelan

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

Short & Medium term issues – Schauble breaks down the Irish bank debt problem

Posted on by Seán Whelan

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

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