UCD economist, Morgan Kelly, was pilloried by the establishment back in May when he said it was no longer a case of whether Ireland would go bankrupt but when.
As HSE West faces a deficit of €90 million by the end of the year, there has been a range of proposals to cut costs put forward in recent weeks. A report from UK consultants, Mott MacDonald, suggest up to 1,000 temporary
Who do you think was the biggest loss making financial institution in the world last year? Lehman Brothers? AIG? Citibank? No, it was not a major bank in a major world economy - it was a relatively small developers' bank in Ireland
“We aim to develop a smart economy and become known as the innovation island”, according to that esteemed authority on all things “smart”, Brian Cowen. In fact, in his speech in 2008 on “Building Ireland’s Smart Economy”, the word appears over and
In the past few weeks there’s been a noticeable shift in tone in the business pages and journals. Their confidence in the so-called “recovery” has faded, and has been replaced by anxiety.
The decision of the rating agency, Standard and Poor’s, to downgrade the credit rating of Ireland from AA to AA- was met with hypocritical gnashing of teeth by Irish establishment figures. The National Treasury Management Agency rushed to criticise S&P, saying that
Only Labour can deliver real change! That's the message on leaflets dropping into homes around the country. One recent opinion poll gave Labour 32% of the vote, indicating that they could become the biggest party in the state.
Employment in the Irish Construction Industry is expected to fall to under 120,000 workers by the end of 2010, from a high of more than 270,000 in 2007. The result of such rapid jobs losses has been huge downward pressure on pay