John Bruton writes today on the downside of grievance and the upside of a positive surprise on the deficit-reduction effort: Irish Times article here.
The EU/IMF deals for Greece and Ireland assume some level of market funding for these countries: today’s WSJ carries an article on the problems with this assumption; you can read it here.
The slides from the talk by Klaus Regling at the IIEA yesterday are available here.
Save the Date – Conference Reminder
On Friday May 20th from 4 pm – 7 pm there will be a conference on:
Bank Credit Flows and Eurozone Stability: Theory, Evidence and Policy Implications
at the Institute of Bankers, 1 North Wall Quay, Dublin. The conference is jointly hosted by the Financial Mathematics and Computation Cluster (FMCC) at UCD, the Institute of Bankers, and the Department of Economics, Finance & Accounting at NUI Maynooth. Admission is free. We encourage early enrolment to register a place. We are grateful to the Science Foundation of Ireland for their generous sponsorship via a grant to the FMCC.
What next for Ireland? This column by CEPR President Richard Portes makes the case that the country should restructure its debt.