Central Bank: every banker knows that higher volumes of lending risks lower quality – the chance of loans not being repaid. Photograph: Matt Kavanagh

An unusually self-aware analyst once admitted that you can stare at an investment bank’s accounts “until your eyes bleed” – but you would still be non(...)

There was a mere 10 months between the gamble of the exit and the first post-austerity budget. Photogarph: Bryan O’Brien/The Irish Times

One year to the day since the bailout exit it is, perhaps, difficult to understand why the decision to make a clean break was so controversial. As wit(...)

Membership of the EU is not a gimme for Scotland. So, whether they vote Yes or No to independence, they might well be an ex-EU member by 2017, given the other referendum, on UK EU membership, that could be taking place around then

It has only been a week-and-a-half since the Scottish independence debate exploded into life - or at least into our consciousness. Saturation media co(...)

Dan Aykroyd and Eddie Murphy in ‘Trading Places’. Their characters’ antics would be an anachronism today. Photograph: Paramount

This is another story about well-intentioned regulation going awry. It is also an example of something that lots of people are concerned about: the ri(...)

If the emerging markets deliver a major shock that spreads to Europe, then Mario Draghi’s famous promise to “do whatever it takes” to save the euro will, finally, be tested in combat.

One crisis after another. As hopes have risen for a normalisation of the world economy following the Great Financial Crisis, a new storm is brewing(...)

The ECB headquarters in Frankfurt. Despite the two quarters of grinding growth, the size of the euro zone economy is still smaller (by 0.4 per cent) than at the same time last year. The recovery, such as it is, is fragile. Photograph:  Kai Pfaffenbach/Reuters

The euro zone economy grew by 0.1 per cent in the three months to end-September, it was announced yesterday. That this was in line with market expecta(...)

Rising global inequality may not just be a cyclical phenomenon; something structural could be going on. The rise of the 1 per cent might be a function(...)

If we ever doubt that the past is a foreign country, just take a glance at the shape and structure of the Irish economy half a century ago. Fifty year(...)

By any standards, including comparing ourselves to our major trading partners and competitors, these tax rates are high and kick in at low levels of income.

We are often told that Ireland is a “low-tax” country. Tax tables published with the main budget documents provide a revealing insight into the curren(...)

Given how much “fiscal adjustment” has already been done by this Government , taking another €2.5 billion out of the economy was never going to be eas(...)