The ongoing fiasco in Greece is a clear indictment of the inadequacies of the Economic and Monetary Union (EMU) concept.

With just a year to go to a general election, all is going swimmingly well for the Government, at least on the economic front, writes Jim Power.

I am somewhat surprised that there is any surprise at the content of the letter that the then president of the European Central Bank, Jean-Claude Trichet, sent to Brian Lenihan on November 19, 2010.