Tagged with: Bailouts

Comparison of EU Bank Bailouts

16/01/2013

Michael Taft uses Eurostat data here to compare the 'direct' impacts on General Government Deficits caused by the EU's numerous bank bailouts. In some cases these figures dont even capture the full cost of the bailouts as, for example, in the case of Ireland the €20 billion taken from the National Pension Reserve Fund is not included in the …

Guest Post by Arthur Doohan: "Federalise the Debt" has become a mantra and a “meme” in recent weeks

12/08/2011

There are many people in the world who hope that someone else can, with a few waves and strokes of an implement, make all their troubles go away. The …

A long, long, long way to go

Michael Taft 16/06/2011

Michael Taft: A good step; but a very small step: the Finance Minister’s announcement that the Government will seek a substantial write-down of the …

The people have spoken - but what did they say?

Michael Burke 15/03/2011

Michael Burke: The first clear message of the 2011 election was a rejection of Fianna Fáil, receiving just 17.4% of the first preference vote – …

Munchau’s purgatory between bailout and default

Tom McDonnell 14/03/2011

Tom McDonnell: Weak measures to report from Part 1 of the big European double header last weekend: see here and here. The unfortunate unwillingness …

Ireland and Greece – A tale of the good twin and the bad twin and their common fate

Terry McDonough, CJ Polychroniou 07/02/2011

Terry McDonough and CJ Polychroniou: The Celtic Tiger was one of the most famous economic success stories of recent times. Ireland was the poster boy …

Time for Plan B?

16/01/2011

The euro area’s bail-out strategy is not working. It is time for insolvent countries to restructure their debts. You can read the rest of The …

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