Tag Archives: ECB

The Irish Economy – Out of one wood, into another?

This is a version of my column published in the Irish Examiner 8 Feb 2014. It takes a long time to recover from a banking crisis. If we were unsure of that we need but look around and notice that … Continue reading

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Does An Irish Solution loom for European Banks (one way or the other) ?

This is a version of my column in the Irish Examiner of 25 Jan 2014 .Europe’s banks are broken. Very broken. We have always suspected that, but recent evidence in indications suggest that nearly six after the crisis first began … Continue reading

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Evolution of Trust in the ECB over Time

Data from Eurobarometer. See how rapidly things fall off especially in Ireland and Spain post 08.

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Enough, already, just pull the plug on Anglo before its too late ; September 2 2010

Id had it with the arguments that Anglo could be saved. Here is my oped in the Irish Times on 2 September 2010. Enough already… OPINION:Ordinary folk have paid enough. Subordinated and senior debt holders should cover the rest THE … Continue reading

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Ban this Filth NOW (that’d be €500 notes…)

Fighting crime is a tough job. And so, shortcuts are often proposed. The latest is to : ban €500 notes. These dastardly beasts (introduced to not annoy Germans who used DM1000 bills) are it seems uniquely the provenance of criminals. … Continue reading

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How big is the Cyprus bailout? A slightly tricky questions originally posted at the link above. Most publications talk about the 10B or 17B Cyprus bailout. Let’s take a pop quiz on the right answer: (a) 17 B Euros (89% … Continue reading

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Cypriot SME Cash Holdings and the “corralito”

Data on these are hard to get. The best and its not very good, is the Amadeus Database by Bureau Van Djik.  Looking throught this this AM, I extracted the “cash and cash equivalent” balance sheet item for 2011 (the … Continue reading

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Cartoons of Cyprus

This gallery contains 16 photos.

    ok So its not really a laughing matter but some rueful chuckles…  

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Some more thoughts on that awful Cypriot Business Model

I wrote yesterday on the “dead” cypriot business model. Some more thoughts and data below on this. First Cyprus is not that different to many many other countries in terms of the % of its GDP derived from the financial … Continue reading

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The Ten Commandments of Eurozone Membership (for small states)

The quite wonderful Gavin Kostick of Fishamble Theatre has a comment on Irish Economy which is too good to linger there… It's super.   And Draghi came down from the mountain with two tablets of stone. (1) Thou shall love … Continue reading

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