Last week, the Irish Prime Minister announced that Ireland would be holding a vote on the European Union’s Financial Pact before the year’s end. The news came as a surprise in both Dublin and Brussels. The news was issued by the Irish Prime Minister, Edna Kenny, without warning. Enda Kenny’s party had been objecting saying […]
Ireland Takes The EU To A Vote Read More »
They are not too dissimilar in economic terms, Ireland is ranked as 48th on a global scale and Greece is ranked as 37th. The GDP per capita of Greeks is $27,875 (nominal, 2011 est.) and the GDP per capita of the Irish is $37,700 (estimate 2009-2010). There is one stark difference, the ease of doing
A Tale Of Two Austerity Cities, Athens And Dublin Read More »
The impact of austerity measures is hitting hard in Ireland. Arguably the first major developed economy to suffer at the hands of the ‘Austerical’ technocratic impositions of the EU and IMF the country is now teetering on the edge of a ‘technical recession’ although to argue the technicalities of such a situation seems irrelevant given
The Reality Of Harsh Austerity Measures As Illustrated By Eurozone Member Ireland Read More »
Ireland was regarded as the poster child for a booming economy. When period houses in Dublin were selling for over a million euros in 2007 it was regarded as good news, there was no reference to first time buyers left stranded as the first rung remained out of reach. House prices have collapsed by 15.5%
The Austerical Deliverance Of The Technocrats Isn't Working Read More »
