Eurostat has determined that NAMA falls outside the general government sector: see the materials here.
Update: The SIV framework is puzzling some readers, especially the role of private equity investors. A handy primer is provided here and this report highlights that payouts from SIVs are typically skewed towards debt and management fees, with only a limited allocation to equity investors.
A list of proposed amendments to the NAMA bill is available here.
The IIEA is hosting some excellent speakers in the coming weeks: David Wright, Deputy Director General of DG MARKET at the European Commission; Stefan Ingves, Governor of the Sveriges Riksbank; and Justin O’ Brien, Centre for Applied Philosophy and Public Ethics at the Australian National University.
Full details are available here.
The intended purpose of this blog plus some operational guidelines are available here.
I would ask all those making contributions to maintain a civil tone. While it is sometimes tempting, it distracts from the usefulness of the site if commenters are sidetracked into ‘playing the man, not the ball’ (even if provoked!). Also, any posts using unparliamentary language will be deleted.
Thanks, Philip.
Colm McCarthy’s Kenmare paper is now available as Irish Economy Note No.8.