IMF on stand by

[AtW]

Ireland is ok because EU made them actually tax (rather low 12.5% corp tax) foreign corps, rather than allow them to get away with paying nothing

[minestrone]

Ireland bumper corporation tax receipts leave public finances in rude health

You'll be waiting a very long time for Ireland to appear back at the IMF with a begging bowl, especially given the exodus of banks and hedge funds to Ireland.

Probably about 3 week into April.

[BlasterBates]

Irelands GDP has grown by something like 40% in the last few years. When your economy is based on being a tax haven for the worlds largest companies to move their EU profits through you get meaningless figures like that.

I think Irelands debt per capita is still the second highest in the world, substantially worse than Greece. And they are still running a deficit.

It's just that Greece's debt is in Germany but the EU forced the Irish nation to take on its banking debt. That's why they are not that concerned about using them as some sacrificial pawn in this game.

Ireland bumper corporation tax receipts leave public finances in rude health

You'll be waiting a very long time for Ireland to appear back at the IMF with a begging bowl, especially given the exodus of banks and hedge funds to Ireland.

[minestrone]

Ireland's debt level is far lower than it was a few years ago.

Ireland Government Debt to GDP | 2018 | Data | Chart | Calendar | Forecast

Ireland's debt is 68% of GDP whereas the UK's debt is 88%.

Irelands GDP has grown by something like 40% in the last few years. When your economy is based on being a tax haven for the worlds largest companies to move their EU profits through you get meaningless figures like that.

I think Irelands debt per capita is still the second highest in the world, substantially worse than Greece. And they are still running a deficit.

It's just that Greece's debt is in Germany but the EU forced the Irish nation to take on its banking debt. That's why they are not that concerned about using them as some sacrificial pawn in this game.

[BlasterBates]

Ireland's debt level is far lower than it was a few years ago.

Ireland Government Debt to GDP | 2018 | Data | Chart | Calendar | Forecast

Ireland's debt is 68% of GDP whereas the UK's debt is 88%.

[minestrone]

no private right to property is good as against the public right of the nation

Padraic Pearse


100 years later it be like "Hi London, we've ran out of money paying for our houses, can you tap us up"

[minestrone]

Ireland still owes €44.5bn in bailout loans after paying off IMF early


Loans to Ireland Act 2010 - Wikipedia

[original PM]

If you change money at an airport you deserve everything you don't get.

[AtW]

Travellers at some UK airports are receiving less than $1 for every £1 they change after a week of Brexit turmoil pushed sterling to fresh lows.

At Cardiff airport, the bureau de change was offering customers only $0.97 for every £1 on Friday. At Bristol airport, Moneycorp is giving customers only $1.03 for £1, while at Gatwick the rate is only $1.06. At Heathrow, Travelex is paying $1.05 for every £1.

British visitors to EU countries are also suffering a collapse in their buying power, with some airport exchange bureaux offering as little as €0.90 for every £1 this week.

Britons must pay €7 to visit mainland Europe after Brexit | Politics | The Guardian