Policy of Disposal Just Makes Banks Weaker

Brian Lucey argues for a different approach to solving the banking crisis in this IT article.

The Baseline Scenario on Ireland

The influential Peter Boone and Simon Johnson have written a critique of the Irish approach to rescuing the banking sector: you can read it here.

Hourly Labour Costs Across the EU

This new Eurostat release shows the distribution of labour cost dynamics during 2009 for many EU countries (Ireland not included due to data availability issues).

Inflation-Indexed Bonds

This FT story reports that Ireland may issues inflation-indexed bonds.  I have advocated such a move in  this paper;  an interesting dimension is whether such bonds would be indexed to euro area inflation or domestic inflation.

Ireland’s Stability Programme: The European Commission’s Opinion

On St Patrick’s Day, the European Commission issued its opinion on Ireland’s multi-year fiscal plan: you can download it here.