Following the Áras money

The presidential office’s large annual allowance has surprised many, but MEPs’ expenses are also shrouded in mystery

Last night marked a decade since cabinet ministers were roused from their sleep and asked to approve what was not just the biggest financial decision ever taken by an Irish government, but also one that would have lasting repercussions for the relationship between politicians and the electorate.

At 4am on September 30, 2008, officials gathered at Government Buildings, and by 6.45am that morning Brian Lenihan jr had announced the bank guarantee. Ireland became ...