No surprise. Outlook remains positive, so another upgrade could be coming. Bono & Co impressed as Ireland’s strategy of being the world’s foremost corporate tax haven pays dividends.
Market confidence has been restored in Italy Italy still needs strict budgetary execution Italy’s economic recovery still fragile Olli Rehn speaking to the press on the latest EU country recommendations. Ireland release their unemployment rate on Thursday and it’s been … Continue reading
There’s been some April CPI data out this morning and here’s the y/y rundown. Estonia CPI 0.2% vs 0.5% exp. Prior 0.2% Holland HICP 0.6% vs 0.4% exp . Prior 0.1%. CPI 1.2% vs 0.8% prior Ireland HICP 0.4% vs … Continue reading
Irish fin min Michael Noonan says the problems in politics in the periphery are a cause for concern. On the home front, their working hard to improve credit flows as mortgage lending shows signs of returning. The Irish government are … Continue reading
So says Portuguese finance minister Maria Luis Albuquerque Market pressures continue at present Fiscal discipline must continue Banking union absolutely necessary in Europe Credit is still a major challenge for portuguese companies As you may have guessed we have a finance ministers … Continue reading
Raises 2014 to 2.1% from 2.0% Irish central bank says main challenges are more fiscal consolidation, restoring bank soundness and creating more jobs. Additional projections for the economy sees unemployment at 11.9% 2014 and 11.0% 2015 (currently 12.4%). Total 2013 … Continue reading
Ireland’s central bank governor, Patrick Honohan says that there is a lot of concern across Europe that banks are holding back lending “to look good” for the upcoming stress tests. “To some extent I think some banks are doing that, … Continue reading