Pat Swords has a post on Bishop Hill on Bogtec. Pat reveals (1) that the European Commission intends to pay for part of the infrastructure and (2) that the European Commission does not have or does not want to share the impact assessment that shows that such an investment is indeed a wise investment.
See also Bogtec and Bogtec (ctd)
The latest set of unemployment figures have been published by Eurostat. A day after the Commission President said (or at least as it was drafted for him to say):
I think we can say that the Irish economy is now turning the corner. The latest positive figures on employment confirm that when there is determination, the programmes can work and indeed Ireland is already on positive territory when it comes to growth.
the unemployment news-release from Eurostat says:
The highest increases were registered in Greece (20.8% to 27.0% between November 2011 and November 2012), Cyprus (9.9% to 14.7%), Portugal (14.7% to 17.6%) and Spain (23.6% to 26.2%).
and has this graph:
Euroarea inflation is expected to fall to 1.8% in February.
[Aside: Anyone have any idea why Eurostat give priority and headline status in their releases to the EZ17 figures rather than the EU27 figures?]
Terrific article by Mark Mazower here.
This Munich speech by Mario Draghi is interesting – here.
The February 2013 Live Register and Q4 2012 QNHS have both been published by the CSO.