The Bail-Out Debate rumbles On



Irelands bail-out is proving disasterous for economic development 

 Morgan Kelly's pessimistic/realistic view in the Irish Times on Saturday
http://www.irishtimes.com/newspaper/opinion/2011/0507/1224296372123.html

reaction from John Bruton in disagreement with Kelly

http://www.irishtimes.com/newspaper/opinion/2011/0510/1224296602550.html?via=mr

Irish Democracy?

State of the Nation:

http://www.independent.ie/opinion/columnists/gene-kerrigan/gene-kerrigan-transfer-of-power-now-truly-complete-2607419.html

Small Changes for Small Change

Article 29.5.2 of The Irish Constitution:

“The State shall not be bound by any international agreement involving a charge upon public funds unless the terms of the agreement shall have been approved by Dáil Éireann”.

IMF changes slightly reduce Irish interest rates

http://www.irishtimes.com/newspaper/breaking/2011/0304/breaking18.html

New EU Guidelines for Financial Assistance

New Eurozone deal laid out by the offices of the Presidents of both the Commision and the Council.

http://www.euronews.net/business-newswires/768759-eu-document-lays-out-options-for-march-euro-zone-deal/

As reported in the Irish Times and the Irish Independent

http://www.irishtimes.com/newspaper/breaking/2011/0301/breaking34.html

http://eupolitics.einnews.com/news.php?nid=240530

Down the Black Hole of Debt

http://www.financialregulator.ie/press-area/Documents/Information%20Release%20Note%20and%20Table%20Senior%20and%20Sub%20Debt.doc.pdf

ICB reveals that Irish Banks owe 63.4billion euro. Information that would surely have been useful before the government guaranteed a blanket bail-out.

http://businessetc.thejournal.ie/central-bank-reveals-full-extent-of-banks-bond-liabilities-2011-3/

British View on EU/IMF Bailout Deal

http://www.presseurop.eu/en/content/article/519231-europe-give-irish-break

Observer agues for the EU to support the new Irish Government, rather than punish it.