Australian perspective on the PI(I?)GS

Mark Crosby of University of Melbourne Business School writes on the the evolving Eurozone issues in the Australian media (The Age) and on CoreEconomics (http://economics.com.au/?p=5094).   Sees Ireland’s actions as proof that you (a) can tackle problems and (b) maybe Greece leaving might not be such a bad thing!

The Global Public Debt Problem

Niall Ferguson is worried about the impact of high public debt on interest rates around the world – you can read his article here.

Imbalances within the Euro Area

Martin Wolf’s FT column looks at the macro fundamentals behind the divergence within the euro area: you can read it here.

Sweden: The Property Market and Monetary Policy

As reported in the FT Money Supply Blog, the Riksbank has appointed a commission of inquiry to examine risks in the Swedish property market and the implications for Swedish monetary policy: you can read the details here.

Honohan on the Economy, Banks and the Job Market

Governor Honohan delivered a speech to the Trinity College Alumni Career Network this morning: you can read it here.