I think one of the best blogposts relating to Ireland’s economy last year came from Seamus Coffey, the lecturer in economics at University College Cork. The blogpost dealt with Irish wealth and proposals to introduce a wealth tax; it is particularly worth a read by some politicians who suggest a wealth tax will totally eliminate [...]
Archive for January 8th, 2012
Credit Suisse produces analysis on Ireland (the country) based on report by author named Paddy Ireland which has nothing to do with the country
Posted in Irish economy, Politics on January 8, 2012 | 9 Comments »
Terms for dealing with NAMA “would have been most uneconomic if accepted” – developer speaks out
Posted in Developers, Irish Property, NAMA, Non-Irish property on January 8, 2012 | 16 Comments »
The Sunday Independent today claims to have seen documentation from the Durkan Group – prominent developers of social housing in both Ireland and the UK – which doesn’t portray NAMA in a positive light. Durkan, which owed NAMA a relatively measly €43m, is reported to have repaid its loans in full, rather than deal with [...]
An open letter to the British prime minister, David Cameron (cc’ed to Bill Cash, MP)
Posted in Developers, IMF, Irish economy, NAMA, Politics on January 8, 2012 | 7 Comments »
Dear Mr Cameron, I see from the latest Exchequer returns for Ireland that, to the end of December 2011, we have received €481,730,000 from your good selves as part of the bilateral loan agreement entered into between our two countries just over a year ago. This €482m now received is part of the GBP 3,226,960,000 [...]