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
Just looking at various CPI numbers that have been popping up this morning, and the overall picture is confirming the euro zone flash estimate drop we had last week. Sweden’s headline CPI fell to 0.1% from 0.2% y/y Norway’s dropped to … Continue reading
Joerg Asmussen said today that Ireland should not ease up on austerity in its annual budget next month but stick to a target of EUR 3.1 billion euros worth of spending cuts and tax hikes. The ECB Executive Board member … Continue reading
Irish bond yields evidence of credibility The IMF are responding to former IMF chief of mission to Ireland, Ashoka Mody who said that Ireland should end austerity if it is to grow and that it was a self defeating policy. … Continue reading