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Tag Archives: Promissory Notes
Anglo deal doesn’t quite cut it
This is a extended version of a column published in The Irish Examiner 9 February 2013 So now we know – its Frankfurts way, all the way. One can only wonder what was going through the minds of the labour … Continue reading
Labour Senator calls for election if PN paid
@JohnGilroyTeam: i think that there will have to be a general election if promissory notes are to be paid John Gilroy is the labour spokesperson in the Senate on finance. Throughout the last two years he has been one of … Continue reading
What options now on Anglo Debt?
To recap..A Reuters report yesterday, still unmodified, notes that the ECB has rejected the proposal made by the government on dealing with the Anglo Promissory notes. Ireland's national broadcaster NASA report which says that the ECB have denied this. However … Continue reading
Hall v Ireland (even though Ireland is on his side)
The essence of democracy is under question in the case taken by David Hall against the minster for finance which starts in the high court Tuesday January. 22nd. Hall is challenging the legality of the wretched Anglo promissory note . … Continue reading
Posted in Blogpost
Tagged Anglo, Anglo Irish Bank, economics, economy, politic, politicians, politics, Promissory Notes
3 Comments
Are ministers deceiving themselves or deceiving us on the Anglo Promissory Notes?
The idea of a meme is that its a concept, a psychological or cultural trait, that propagates Like anything that propegates it can only do so if it is allowed to. Thus we have seen grow up the meme that Ireland … Continue reading
The Banking Union: what’s in it for Ireland?
This is an expanded version of an OpEd in the Irish Examiner published 15 December 2012 The new banking union proposals that are now emerging from the wreckage of the European economy are to be given a (very) cautious welcome. … Continue reading
Posted in Blogpost, Journalism
Tagged Anglo, banking, banks, bondholders, Central Bank, ECB, economy, Promissory Notes, SME
2 Comments
Ireland should give one (1) cheer for the Greek debt deal.
So, once again (what is it now, the fourth time?) we have a greek debt deal. Great. Except, its not. The essence of this deal (which has delayed funds since may..) is a maturity extension and a rate reduction on existing … Continue reading
A question I have posed on the ECB and the Anglo Prom notes to which there seems no answer…
I have long advocated that the Irish Government should walk from the wretched promissory notes which were given to cover the losses at Anglo/INBS , and on which we are now as a state paying €3.1b per annum (or about … Continue reading
IBEC and IBRC and the IMF
This is a version of a column published in the Irish Examiner It must be dangerous to be a bird in Dublin these days. The government that promised transparency has instead adopted a kite-flying approach. The kites pop up, and … Continue reading
Posted in Blogpost, Journalism
Tagged Anglo, Anglo Irish Bank, bailout, banking, bankruptcy, bond holders, Central Bank, deficit, ECB, ELA, government, IMF, Promissory Notes
6 Comments
The Quantum Mechanics of Irish Debt
This is an extended version of a column published in the irish examiner. The Irish government find themselves on the horns of a dilemma. They, quite properly, seek a write down, from somebody, anybody, of a large part of the … Continue reading
Posted in Blogpost, Journalism
Tagged debt, ECB, economics, ELA, Promissory Notes, schrodingers cat
1 Comment
