Icelandic and Irish Responses to Crisis

“Iceland proves Ireland did ‘wrong things’ sacrificing taxpayers”, just carried on Bloomberg.

Central Bank Quarterly Bulletin

The new Central Bank Quarterly Bulletin is available here.  In addition to the new economic forecasts, the Bulletin carries some very interesting special articles on:

  • Large-Value Payment System Design and Risk Management
  • Firms’ Financing During the Crisis: A Regional Analysis
  • Irish Money and Banking Statistics: A New Approach

Common Consolidated Corporate Tax Base

The recent Ernst and Young report commissioned by the Department of Finance on the economic and budgetary impact of the proposed CCCTB is available here.

Did the ECB Cause a Run on Irish Banks? by Gary O’Callaghan

 

Failures by the Irish fiscal authorities have been blamed, in recent newspaper and TV interviews, by ECB Executuve Board member Bini-Smaghi for precipitating the October crisis and Ireland’s resort to bail-out.

Gary O’Callaghan of Dubrovnik International University thinks the culprits were ECB Executive Board members.  

https://imap.ucd.ie/uwc/webmail/attach/Did%20the%20ECB%20Cause%20a%20Run%20on%20Irish%20Banks.doc?sid=&mbox=INBOX&charset=escaped_unicode&uid=22418&number=4&filename=Did%20the%20ECB%20Cause%20a%20Run%20on%20Irish%20Banks.doc

Quantitative Easing Explained

A useful explanation of QE is available here.