Marco Buti

6 results

Marco Buti, director general for economic and financial affairs at the Commission, said growth in Europe peaked in 2017 and the “outlook is now less favourable”. Photograph: iStock

The European Commission has become the latest influential body to raise concerns about the sustainability of the State’s corporation tax base. In its(...)

Jean-Claude Trichet, former president of the European Central Bank, warned Ireland would not be able to access a bailout if it imposed cuts on senior bank creditors. Photograph: Matthew Lloyd/Bloomberg

IMF good, ECB bad. That was how the final day of public hearings at the Oireachtas banking inquiry might be best summed up. It started with Ajai Chopr(...)

Marco Buti of the European Commission after giving evidence at the banking inquiry in the Dáil. Photograph: Alan Betson / The Irish Times

The State’s bank guarantee from September 2008 was “too generous” and “magnified the fiscal impact of the banking crisis”, said the European Commissio(...)

Former IMF deputy director Ajai Chopra gives evidence at the Oireachtas banking inquiry

Letters exchanged between European Central Bank (ECB) president Jean Claude Trichet and then minister for finance Brian Lenihan in 2010 show Ireland w(...)

Brian Hayes: had suggested to Marco Buti that the ECB could use its asset-backed securities programme as a vehicle to take tracker loans from the Irish banks onto its books

Squeezing mortgage interest rates through “political pressure” could undermine the progress made by Ireland towards “healing the domestic financial sy(...)

Marco Buti, director general for economic and financial affairs at the European Commission, speaks before the Oireachtas Banking Inquiry on Wednesday.

Ireland ignored advice from the European Commission to take measures to prevent the economy overheating prior to the banking collapse, according to th(...)