Michael Noonan: I’m willing to overrule Finance officials and release ECB letter on bailout

FINANCE Minister Michael Noonan says he is willing to overrule civil servants in his department and release a letter from the ECB which forced Ireland into a bailout. Mr Noonan was speaking in Limerick this morning, and said it “would be appropriate” for him to publish the letter, despite his department previously refusing to release it under … Continue reading

Greek banks, the euro and the ECB

Talk of a run on Greek deposits, and some banks being cut off from European Central Bank (ECB) support, have added a fresh twist to scary talk about Greece and the euro. The details are complicated, and not quite as frightening as they first appear. But the big picture is scary indeed, not least for … Continue reading