Ireland

This is a story about how the ECB move affects individuals. As much as I support the ECB rate hike, one has to remember that real people are very much affected by these policy decisions. This is what makes these decisions difficult.

As I have said in prior posts, I am a bit of a eurosceptic. It is my view that the Euro is a political construct just as the expanded European Union has been and just as the reunification of East and West Germany on a 1 for 1 currency basis…

In Ireland, the papers are very much focused on how to deal with the bust after the boom. In the wake of the big fat no on the Lisbon Treaty and after 15 long years of upswing, it is readily apparent to anyone that the bust is happening.…

As Ireland faces a recession after a fifteen-year property boom, it has come to light that the government have been caught out and doesn't have the enough funds to support the economy now that the boom has gone bust. The Irish Independent…

From the Telegraph:Irish right to craic the whip over EU treatyBy Liam HalliganLast Updated: 1:38am BST 15/06/2008Against the advice of the major political parties and most of the media, Irish voters have rejected the Lisbon Treaty. Good…

That's what Sir Howard Davies, a former deputy governor of the Bank of England (BoE), has to say.

The Lisbon Treaty, which was to give the European Union more say over matters in EU member states received a vote of no confidence from Ireland. The result was 52% against and 48% for. Just as with the EU constitution, there is great…

As the Euro celebrates its tenth anniversary, Vaclav Klaus, the President of the Czech Republic, says:"The question is whether the eurozone countries and their citizens have cause to celebrate. The answer is uncertain, given the zone’s…

I am a Euroscpetic. I admire the political will of Europe's grand designers in creating the Euro, but I have always felt that harmonisation would be a painful process fraught with tension - especially during economic downturns. And so it is…

Along with the residential housing bust in Ireland, a commercial real estate (CRE) bust is definitely on the table. According to the newspaper the Irish Independent up to 10 billion euros of writedowns are possible for the Irish property…