Greek prime minister Alexis Tsipras lashed out at Greece’s creditors yesterday, accusing them of trying to “humiliate” Greeks, as he defied a drumbeat of warnings that Europe is preparing for his country to leave the euro.
Greece defied its international creditors yesterday by sticking to “red lines” on pension and labour market reforms and urging lenders to give ground, dimming prospects of progress next week towards securing desperately needed financial aid.
The Irish economy will post another year of strong growth in 2014 on the back of more robust levels of investment, combined with a recovery in domestic consumption, according to the ESRI’s spring quarterly economic commentary, which was launched yesterday.
THIS week’s better-late-than-never announcement of a programme of quantitative easing by the ECB was a huge moment in the European integration project and the — so far — ineffective efforts to reinvigorate stalling economies, but tomorrow’s election in Greece may be even more significant.
Inspectors from Greece’s EU/IMF lenders said yesterday that they had concluded a short, interim check-up of the country’s performance under its bailout and will return for a more comprehensive audit in late September.
Almost a year after the European Court of Justice ruled in their favour and five years after they lost their jobs, former workers at Waterford Crystal have still not received tens of thousands of euro in pension entitlements to which the court said they were entitled.
Your stark newspaper headline “Coillte sale ‘crucial’ to troika plan” casts a shadow over recent declarations, such as: “Ireland has regained its economic sovereignty”, “The country has successfully exited the bailout”, and “The troika has left our shores”.