Everything you need to know about Ireland’s economy (Post Brexit)

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content Image: Statista Ireland’s economy is outperforming most other Eurozone countries with almost full employment and rising real wages. So why are Irish consumers among the most pessimistic in Europe? Although it was among […]

EU Parliament says ‘no’ to austerity budget

The much-advertised agreement between the European Parliament, the Council and the Commission on EU’s proper budgets for the next seven years seems to be more like wishful thinking rather than reality. Some days ago the Irish Presidency of the European Council issued a Press release saying that the EU Parliament agreed on the overall spending […]

Resisting EU budget cuts

The Irish Presidency, with its self-congratulating and artificially sweetened style, announced once more ‘a major breakthrough’ in the EU budget negotiations with the European Parliament, without the slightest reference to the other side’s position. This obvious neglect of basic reporting rules which goes as far as sidestepping of democratic principles, has become standard in Irish […]

The Irish Presidency bullies the Parliament over EU budget

It is unbelievable how strongly and some-times unduly the Irish Presidency of the EU Council presses the European Parliament in the negotiations over the Multiannual Financial Framework 2014-2020, which sets the limits for the EU budget spending for the next seven years. The Irish government ministers who are conducting those negations act as if Ireland […]

Irish Presidency: Not a euro more for EU budgets

The Irish Presidency is becoming the Trojan Horse of the EU Council and the Commission in their quest to push the European Parliament into an agreement over the funding of the Union’s budgets from 2012 up to 2020. The legislative has rejected last week the proposal of the Ecofin Council for parallel negotiations for everything […]

Amazon, a pair of shoes and my Data Privacy walks away

Try to remember the last time you shopped from Amazon. Most likely you are another happy consumer that has enjoyed the benefits of e-shopping in terms of service, price and delivery time. It is also highly possible that you already master the plethora of reasons not to get into your car and experience all that […]

At last some rules on banks

The public outcry against bankers at last produced some tangible results in Brussels. According to a ground-breaking agreement struck between the European Parliament and the Irish Presidency of the Council of the European Union, bankers’ bonuses are capped at the double of their annual salaries. Secondly the capital requirements of the banks are increased to […]

Eurozone’s credibility rock solid

The European Stability Mechanism (ESM) issued yesterday its first short-term debt paper (bills), which met an unprecedented success in this capital market auction. The bid/cover ratio was 3.2. This means that for every euro of this debt issue, investors offered 3.2 euros. The bills mature on 4 April 2013. In detail this ESM’s bill issue […]