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David Howden
25 October 2013
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  Five years ago some comic genius came up with the joke that defined the approaches to resolving the problems of two crisis stricken countries: ‘What’s the difference between...
G. R. Steele
13 February 2013
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  Little more than three years ago, Ireland’s taxpayers were saddled with around 40 billion euros of debt, after their government had been pushed by the European Central Bank into...
G. R. Steele
18 April 2011
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The eurozone came with fine aspirations: according to article 127 in the consolidated version of the Treaty on the Functioning of the European Union ‘the primary objective of the European...
G. R. Steele
1 April 2011
1 comment

Ireland is not stupid. When credit is offered, it chooses the lowest rate. Ireland’s ‘bailout’ from the European System of Central Banks (ESCB - the eurosystem) is larger (€...
Philip Booth
23 November 2010
1 comment

Europe is trapped in a cycle where debt is being passed round and round in circles – the banks are bust so the Irish government bails them out; the Irish government’s debt is owned by...
D. R. Myddelton
23 November 2010
2 comments

The Irish people voted “No” both to the EU’s Nice Treaty and to the Lisbon Treaty. That is, they voted “No” the first time round. When their arms were twisted, in each...
Holger Zemanek
22 November 2010
9 comments

The Irish bailout shows that Greece was just the first act of the ongoing euro crisis. It is now almost certain that Ireland will accept an EU/IMF rescue package to calm down...