ECB is doing what it could have done during the banking crisis
Since the pandemic began, the European Central Bank has bought 80 per cent of all public debt issued in the eurozone. But if the ECB really wants to generate growth, it needs to kickstart wage inflation
If I were to pick an institution of the year, it would be the European Central Bank. In 2020, it provided the funding conditions that allowed all eurozone member states to finance their fiscal response to the Covid-19 crisis. It did this by actively pushing down the cost of borrowing for all governments. If the ECB had not done this, there is no way that the Irish government would be able to afford to pay...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Colin Murphy: Ireland was abusing its unwed mothers even before there was Church and state collusion
Twentieth-century Ireland was one of the most repressive sexual cultures in the world. Much of that is on the Catholic Church, but not all of it
Off Message: Flighty influencers have gone too far this time
Celebrities heading to far-flung sunny destinations while the rest of us are restricted to 5km is not a good look. So why do they do it?
Elaine Byrne: We need to stop being afraid to say what really happened to these girls
When we talk about mother and baby homes, we keep on finding ways to avoid saying certain words and that needs to change