Introductory statement by Governor Patrick Honohan at Oireachtas Banking Inquiry

here.

Event Reminders

My SSISI talk
“The Funding of the Irish Domestic Banking System During the Boom”
–   tomorrow night at 6pm at RIA. More details here.

Eichengreen on his new book “Hall of Mirrors”  – Tuesday the 20th at 9am (Ed Burke Theatre, TCD).  More details here.

 

Ireland—Lessons from Its Recovery from the Bank-Sovereign Loop

There will be a conference on this topic next Monday, co-organised by CEPR, Central Bank of Ireland and IMF.

More details about the conference available here.  There will be a live webcast link on the day.

Central Bank Economic Letter: Interpreting data for Ireland in international banking statistics

here.

 

Abstract:

 

 

This Letter provides an overview of Irish international banking statistics, which detail the international financial linkages of Irish banks. The complexity of the Irish banking system, in particular the role of the IFSC, poses challenges in interpreting these data. In order to illustrate some of the issues involved, this Letter reviews the main conceptual and methodological frameworks underlying Irish international banking statistics, and highlights some of the possible pitfalls which arise when trying to interpret the data.

 

ECJ Decision

Potentially far reaching impact of this ECJ decision, coupled with details of the SGP changes in the ‘interpretive communication’ document Seamus blogged about yesterday. QE here we come?