Colm McCarthy: Let’s write off monetary union and start afresh

Colm can correct me, but I think the title of the article does not capture the substance of the piece.   I don’t think Colm is advocating abandoning the euro, but rather fixing its current inadequate structure, including putting in place an adequate banking union and effective lender of last resort to states.   From the article: […]

Colm McCarthy:Ireland gets its reward for being EU’s little pet poodle — nothing

Colm McCarthy expresses understandable frustration with the pace of developments in meeting the commitments made on June 29th(see here).   Central to Colm’s criticism is what he sees as a fundamental inconsistency between the government’s claims of success in its crisis-resolution policies and calls for some form of official relief on banking-related debt. Since the resort […]

Colm McCarthy: Fours years on yet not even a parking ticket issued

Colm writes in today’s Sindo on the outstanding problem of obtaining satisfaction from those responsible for the banking crisis within the banks. As usual there is a lot to think about and digest, but one piece stood out for me: In Ireland, almost four years after the balloon went up, not so much as a […]

Colm McCarthy: State’s gigantic portfolio of property and bank loans will be a tough sale

Colm’s Sindo wide ranging column this week takes NAMA and the disposal of its assets as its focus but also calls for an inquiry into several important matters. From the piece: Viewed from behind the desk of an international investor with plenty of options around the world, this is not a pretty picture. The reputation […]

Colm McCarthy on the summit

Colm’s latest article is available here.  The following phrase gives a flavour:  “The French and German leaders have created instead a damaging rift with Britain without delivering any worthwhile advance at all…”