Reikna með að 2,5 af hverjum hundrað Írum yfirgefi land sitt á næstu 24 mánuðum
Irish Workers Leave the Emerald Isle
The great recession has triggered yet another wave of Irish emigration. WSJ's Don Duncan reports on how that is playing out in the national election.
Sýnir færslur með efnisorðinu Bankarán. Sýna allar færslur
Sýnir færslur með efnisorðinu Bankarán. Sýna allar færslur
fimmtudagur, 24. febrúar 2011
miðvikudagur, 23. febrúar 2011
FT.com - Ireland needs help with its debt
What caused this calamity?
As Philip Lane of Trinity College notes: “There was a genuine Irish economic miracle, with very rapid output, employment and productivity growth during the 1994-2000 period.” Without entry into the eurozone, this might have petered out. But the fall in interest rates increased the risk that a credit-fuelled property bubble would emerge. So, indeed, it did.
Prof Lane observes: “The flavour of this boom was very different to the ‘Celtic Tiger’ years. In particular, it was dominated by a surge in construction activity.” Moreover, this “expansion in property investment was fuelled by rapid credit expansion”, not just to the household sector, but also to a “small group of property developers”."
Prof Lane observes: “The flavour of this boom was very different to the ‘Celtic Tiger’ years. In particular, it was dominated by a surge in construction activity.” Moreover, this “expansion in property investment was fuelled by rapid credit expansion”, not just to the household sector, but also to a “small group of property developers”."
mánudagur, 21. febrúar 2011
FT.com / Lex - Iceland: paying for banks’ losses
"Iceland’s downfall at the hands of its buccaneering bankers has prompted some Churchillian prose. “To echo an historical comment,” its finance minister writes, “one could say that seldom have so few done so many (ie an entire nation) so much damage.”"
What the sale of Anglo's deposit book will mean for you - Irish, Business - Independent.ie
"The Government went to the High Court yesterday to seek permission to auction off the deposits of bust banks Anglo Irish and Irish Nationwide. George Garvey examines what this means for depositors and taxpayers."
miðvikudagur, 16. febrúar 2011
"The biggest bank robbery in the history of this country" - Irish leaders clash on economy in TV debate | euronews, world news
1
“All of the other parties on this platform – Fianna Fail and the Greens who brought it in, Fine Gael and Sinn Fein – supported that bailout on that night. It was the biggest bank robbery in the history of this country, and it was the banks that robbed the people,” he said;
Irish leaders clash on economy in TV debate | euronews, world news
“All of the other parties on this platform – Fianna Fail and the Greens who brought it in, Fine Gael and Sinn Fein – supported that bailout on that night. It was the biggest bank robbery in the history of this country, and it was the banks that robbed the people,” he said;
Irish leaders clash on economy in TV debate | euronews, world news
2
“It was the biggest bank robbery in the history of this country and it was the banks that robbed the people,” he said; No clear winner from leaders’ debate
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