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Archives for ireland

Irish central bank governor, Patrick Honohan, said this morning that he expects Ireland to be given a “very substantal loan” from Europe. There’s still much to play for, but an Irish bail-out is looking increasingly likely.Over on the Spectator coff…

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Finnish reservations

[Financial] aid isn’t sufficient if a country’s own correcting measures aren’t tough enough. That’s why Finland wants to introduce guarantees. This would ensure discipline in the borrowing countries. It would also send a strong signal to the citizens t…

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Belgian Finance Minister Didier Reynders today said that aid to Ireland is “inevitable”, claiming that it’s impossible for Ireland to get out of this pickle without some sort of cash injection. He added that for the ECB it would become “difficult” to …

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The increasingly likely prospect of an Irish bailout is looming and that is also likely to have an impact on the UK.While the UK was not involved in the Greek bailout, British taxpayers are liable for one of the two bailout funds agreed in its aftermat…

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It’s not going away

Rumours that Ireland will soon be forced to seek a cash injection from the eurozone rescue package of no less than €80 billion have been denied by both a Commission spokesperson and Irish Taoiseach Brian Cowen.Pressure on Irish bond spreads seems to …

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Europeans for Democracy

For those of you unable to make it to Dublin for our recent event, “Europeans for Democracy”, which brought together various people from across the EU to discuss their reasons for rejecting Lisbon, you may wish to read the transcript or listen to an au…

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Without a hint of irony…

European Parliament President Jerzy Buzek has flown to Dublin to tell the Irish people to beware of ‘outside’ influences telling them how to vote in next month’s Lisbon Treaty referendum. He described the Lisbon No campaign as “made up of marginal gr…

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It may be Thursday already, but it’s not too late to tell you about an op-ed by Richard Waghorne in Saturday’s Irish Daily Mail, which is important food for thought in the Irish Lisbon debate – now in full swing.It notes that, while people have been ve…

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