This article is brought to you in association with the European Commission. Ireland will benefit from €1.4 billion in Cohesion Policy funding between 2021-2027 to support the sustainable development of its economy. The details and strategy for these investments are set out in the Partnership Agreement between Ireland and the Commission that is formally launched today. […]Hazy ‘breakthrough’ saves PM May, leaves Ireland in limbo: Brexit
December 11, 2017 by Leave a Comment
With only a couple of hours sleep in the very early hours of last Friday, the British PM Theresa May boarded a RAF aircraft and landed in Brussels before dawn. Weary as she was, she rushed to Berlaymont building, the EU Commission headquarters. There she met Jean-Claude Juncker the President of the European Commission and […]A hot autumn after a cool summer for Europe
September 5, 2016 by 2 Comments
This autumn Europe has everything it…didn’t need. A frozen Spain, a hot Britain who says will stay in EU’s Foreign and Security Policy, a self-centered Ireland and a revolutionary France. In the most interesting development the British Foreign Secretary, the infamous for his gaffes and lies Boris Johnson, said that despite the impending Brexit, his […]Greece: Tsipras’ referendum victory does not solve the financial stalemate of the country and its banks
July 6, 2015 by 1 Comment
The imperative economic realities for the Greek Prime Minister Alexis Tsipras will not be altered noticeably after his crushing win in yesterday’s referendum. His ‘no’ (OXI in Greek) option marked an overwhelming victory meaning that the Greeks rejected the latest offer from the country’s creditors. To be reminded, during the past five months the Greek […]ECB: Euro area should smooth out the consumption and income shocks of its members
June 4, 2015 by 1 Comment
Last Tuesday Brussels celebrated the return of the Eurozone inflation to positive grounds after five straight months of deflation (negative inflation). Some EU Commission economists, among others, assume that three positive decimal points of change of the level of consumer prices in May (0.3%), can signal the return of the economy to growth. Under an […]Iceland won’t talk with Brussels about EU accession
January 20, 2014 by Leave a Comment
Iceland has two very good reasons to freeze its EU accession talks until the tiny country holds a referendum on it. Icelanders think twice when it comes to money and fish. On money their views differ widely from what the EU thinks about it and when it comes to fish, Iceland also has quite diverging […]How the Irish people were robbed by banks, the Commission and their own government
December 18, 2013 by Leave a Comment
In 2007 Ireland’s sovereign debt was 25% of the country’s GDP. After the financial crisis – and €140 billion later – in 2012 it reached 120% of the GDP at €190bn. Yet the Dublin government this week celebrated the Irish ‘exit’ from the EU-ECB-IMF troika’s surveillance programme, that brought the 4.5 million people nation to […]Germany and France only care about keeping their borrowing cheap
April 15, 2013 by Leave a Comment
The two days of unofficial meetings of the Ecofin and the Eurogroup councils staged in the historic scenery of the Dublin Castle completely missed their targets. For one thing today’s main story, by Suzan A. Kane, on the European Sting proves that the much-advertised target to arrest the €1 trillion tax evasion in the EU […]



















