Unity is tested in austerity. And disunity becomes popular. At times of austerity, it is convenient to blame others for economic pain. And naturally after blame comes a desire to get away from this supposed external source of hurt. Both … Continue reading
Challenges remain for Spain and Ireland after programs Sees more nations exiting EDP next spring Ball is now back in the court of euro area governments on budgets Urges effective delivery on commitments in Italy Finland’s debt showing very worrying … Continue reading
They’ve just successfully completed their final bailout review says the finance ministry.
Irish and Spanish outlook has improved All options open on Irish exit Will discuss Portuguese exit in Q1 2014 Will discus Greek exit in 2123 (yes I made that up) Greek discussion in Dec or Jan Sees broad support for … Continue reading
Proclaims the Irish aid program a success story. Following hot on the heals of Olli Rehn earlier today. Says it is up to Greece to take steps for a successful review See Greece needing between €5-6bn to plug 2014 funding … Continue reading
Both Spain and Ireland have see important economic turnarounds EU works well together with the IMF Olli Rehn speaking to reporters in Luxembourg
Just to keep some continuity to my earlier post, Portuguese CPI fell to 0.1% from 0.2% y/y while Irish headline CPI and HICP stayed put at 0.2% and 0.0% respectively.