It’s only a few short years ago when the Global Financial Crisis of 2008 resulted in Irish public sector debt rising to a massive 120% of GDP, a level viewed as unsustainable by many commentators at the time.
As we head towards the autumn, complacent investors may get a wake-up call. The furloughing of staff may be masking some of the negative effects of the lockdown, and as furlough measures are removed job losses are likely to accelerate.
The latest economic forecasts from the ECB staff suggest inflation is likely to remain below target for some time, implying that official interest rates will stay extremely low for the foreseeable future.
Great powers in the modern era compete in a variety of arenas and with a variety of methods. Whilst much is made of the parallels with the Cold War, and we do note these, there are many ways in which the US-China struggle resembles more
Ireland is at a crossroads in more ways than one. As we begin to emerge from the crisis caused by COVID-19, it is clear the economy will need help to get back to a normal footing. The question is, do we use the crisis as an opportunity for a reset?