Markets

Donal MacNamee: Euronext takes stock as its meek appeals for budget help are snubbed

Ireland’s stock exchange has made sensible requests for assistance, but a bailout during a cost of living crisis probably would not have played well

The constant coverage of Euronext Dublin, in the view of one person, is perpetuating a cycle of negativity. Picture: Bloomberg

“Why are you guys in the media so obsessed with the capital markets?”

That was the exasperated response of one senior figure in the financial industry last week, when the Business Post phoned up seeking comment on the lack of provisions in the budget for Ireland’s stock exchange.

The constant coverage of Euronext Dublin, in the view of the person in question, is perpetuating a cycle of negativity that contrives to make a difficult situation ...