New Central Bank Quarterly Bulletin

The new bulletin is available here.

IMF Fiscal Monitor

The new Fiscal Monitor is available here.   Required reading in order to understand the scale of the fiscal adjustment required in Ireland and other advanced economies.

Lorenzo Bini Smaghi: Ireland’s Taxpayers Must Share the Pain

LBS writes in the FT : article is here.

Richard Portes: The Case for an Irish Default

Richard Portes writes on this topic at the WSJ: the article is here.

Sovereign Debt and Recovery Locks

FT Alphaville has an interesting article on this type of product: you can read it here.