Adjustment in Latvia

The NYT provides an interesting profile of the Latvian economy here.

Bank Debt Versus Sovereign Debt

Last night’s The Week in Politics on RTE featured an important discussion between the Minister for Finance, Brian Lenihan, and Fine Gael finance spokesman, Richard Bruton (The discussion is in the first clip on the webpage after Brian Dowling’s report).  They discussed a number of issues such as NAMA and Anglo Irish Bank.  However, to my mind, the most important discussion related to bank bond holders.

The Flow Approach to the Banking Crisis

Oliver O’Shea presents the flow approach to managing the banking crisis in this article.

The online article omitted a table, which is reproduced here:

O'Shea Table

Another NAMA view

The Irish Independent reports the views of a senior IMF official on NAMA here.

Patrick Honohan at the TCD-DEW Conference: Irish Economic Policy for the Crisis: What’s Next?

(Many thanks to Karl Deeter, for filming the event and editing the footage.)

Part 1

Part 2

Part 3

Part 4