The Central Bank has downgraded growth forecasts for this year on the back of a more pessimistic outlook for exports.

A eurozone risk-sharing fund, combined with a credible resolution regime, is needed to break the link between member states and their banking systems, according to Central Bank chief economist Lars Frisell.

The Taoiseach has said he is not happy with how long it is taking banks to deal with the mortgage arrears crisis.

Ireland has to date managed the austerity process better than most other countries, but the continued success of the adjustment process depends on maintaining social cohesion and a sense of fairness, according to the Central Bank’s chief economist, Lars Frisell.

Ireland risks a lost decade if it fails to shift its credit supply to new viable enterprises, the Central Bank’s chief economist Lars Frisell has warned.

SUNDAY’S opening night at the Corona Cork Film Festival will see the screening of The Great Flood, a film-music collaboration between avant garde filmmaker Bill Morrison and pioneering musician, Bill Frisell.

Wage levels are still too high in Ireland across the public and private sectors relative to competitor countries, according to the Central Bank’s latest quarterly review of the Irish economy.

Lars Frisell thought it would be easy to find an apartment to rent in Dublin, the epicentre of western Europe’s biggest real estate crash, after he moved from Sweden to become chief economist at Ireland’s central bank.