Search Results for 'European sovereign debt crisis'

In The Great Goat Bubble, Julian Gough showed he had a rare flair for creating great comedy out of the mad, mad, world of international finance and he repeats the trick in his new book, Crash, How I Lost a Hundred Billion and Found True Love.

Ireland has both the privilege and the responsibility of hosting the presidency of the Council of the European Union from January 1 until June 30 2013. Holding the presidency is an important role at any time, but the expectations for this forthcoming presidency are even greater given the challenging circumstances that both the Union and Ireland face.

Ireland has both the privilege and the responsibility of hosting the presidency of the Council of the European Union from January 1 until June 30 2013. Holding the presidency is an important role at any time, but the expectations for this forthcoming presidency are even greater given the challenging circumstances that both the Union and Ireland face.

Ireland has both the privilege and the responsibility of hosting the Presidency of the Council of the European Union from January 1 until June 30 2013. Holding the Presidency is an important role at any time, but the expectations for this forthcoming Presidency are even greater given the challenging circumstances that both the Union and Ireland face.

With a media blackout on the treaty from next week, below is a ‘mythbuster’ article on what lies ahead following the referendum on May 31, as supplied to the Mayo Advertiser this week by the European Movement Ireland.

The Fiscal Compact Treaty is a promise between EU states whose currency is the euro, to support each other through times of crisis and market speculation.

“The EU Fiscal Compact Treaty is a straitjacket that would lead to misery in our country and throughout the EU. This is not the way to solve our problems. It is against the whole spirit of the EU.”

Former Galway West TD and justice minister Máire Geoghegan-Quinn is calling on the people of County Galway to vote Yes in the Fiscal Treaty referendum on May 31.

While the new FG/Labour coalition has had several big ‘set piece occasions’ since coming to power – the renegotiation of the EU/IMF agreement and the jobs initiative during the summer for example – last week’s Budget was always going to be a watershed moment.

While it may not admit it, it is hard to imagine the EU not having a Plan B if the unthinkable - or rather not as unthinkable as it was six months ago - happens and the euro ceases to be.