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- Naoise O Muiri says locating supervisor in Dublin would be a symbolic and practical reward for the promises Ireland has kept – Proposal discussed with Central Bank Governor and Minister for Finance

Competitions were launched last week to recruit administrators for the European Commission in 6 fields: European public administration, law, economics, audit, finance, statistics. Please note that if the first language of a candidate is Irish, the second language can be English. Further information is available by accessing the following link: http://europa.eu/epso/apply/today/adm_en.htm

Are they trying to have it every way? (from www.businessworld.ie today…) French brochure claims tax rate of 8.2pc Monday, March 21 08:28:47 The French Agency for International Investment cites an effective tax rate of 8.2pc in advertising literature aimed at attracting foreign business to the country , the Irish Times reveals this morning. Its claim [...]

Said it here previously – where was the ECB when we were over-heating: http://www.rte.ie/news/2011/0308/euro-business.html Even more importantly – what will the ECB do now to accomodate Ireland’s policy requirements ; or will that institution just dance to the tune piped by the major European powers?

Amagerbanken Senior Bondholders to Suffer Losses By John Glover – Feb 7, 2011 5:27 PM GMT Amagerbanken A/S, the insolvent Danish lender seized by the government, is the first European bank to be rescued under new regulations designed to ensure senior bondholders suffer losses in a bailout.

Trichet and Co of ECB fame have issued a legal opinion on the proposed stabilisation legislation: en_con_2010_92_f Trichet and Co are unhappy; they have not been given enough time for this consultation etc etc etc How about some consultation with Ireland Inc on your monetary policy Mr Trichet?

I reckon a few elements are lost in the translation, but the basic thrust remains the same: http://www.spiegel.de/international/europe/0,1518,733522,00.html

Good piece in this week’s Economist RE the major downsides (including the practical ones) of breaking up the Euro – worth a read: http://www.economist.com/node/17629661

Yesterday, from David McWilliams in the Indo: http://www.independent.ie/opinion/columnists/david-mcwilliams/david-mcwilliams-bailout-will-sink-ireland-before-we-can-even-swim-2442878.html And today from Wolfgang Münchau from the FT in the Irish Times: http://www.irishtimes.com/newspaper/opinion/2010/1202/1224284564382.html As mentioned on this site previously, it is time to test the mettle of the bank debt-holders (preferably as Ireland Inc vs Deutsche Bank/Bank Paribas in the European Courts).  The Irish government must: Secure [...]

Dear Angela, We do not have much time so I’ll dispense with the pleasantaries. We are being offered bailout funds at 6.7% for 9-year money today – is this someone’s idea of a bad joke? That is on the extreme side of rip-off. How can we expect to ever work our way out of €83bn at [...]