Irish Election - Coverage of Irish Politics, News and Current Affairs

Clearly picking up from the political ether that the Mahon Tribunal report is coming out next week, Micheál Martin wants it to be known (via the Irish Times) that at least after the fact, there’s a new sheriff in town: There is a view within Fianna Fáil that if the leader is not seen to [...]

Big things are happening in a big week for Irish and European politics and, let’s be honest, most of us don’t really understand what’s happening, or why. The budget to be unveiled today and tomorrow will need to cut spending and increase taxes because of the banks, or something. The European summit being held on Friday will save [...]

From Bank of England’s Financial Stability Report.  Illustrated here is that when it comes to deleveraging — banks dumping loans to shrink their balance sheets — NAMA is up there with the biggest of the European banks.  Indeed, for this purpose, NAMA is best seen as being like a massively overextended large European bank, banks [...]

With Sean Gallagher now taken out of his Presidential hopes, convicted fuel-smuggler and Gallagher-accuser Hugh Morgan has changed his story for a second time. He now says the invite to the FF fundraising event may not have been issued by Gallagher at all, but by former FF TD for Louth Seamus Kirk. Kirk himself says [...]

The Evening Herald has claimed that SF Presidential candidate Martin McGuinness is the main suspect in the murder of two policemen gunned down in an IRA ambush in Derry: SINN Fein Presidential candidate Martin McGuinness is the main suspect in the brutal murder of two policemen, the Herald can reveal. Sergeant Peter Gilgunn (26) and [...]

Update: Gallagher on facebook denying he is man in a 1992 photo cited on David Cochrane (of politics.ie)’s twitter page. Sinn Fein’s allegations linking Gallagher to a cheque for €5,000 for FF have been undermined following the revelations that the accuser has convictions for cross-border fuel-smuggling and tax-evasion and leased his General Election HQ to [...]

For the past few days (ending on Friday), an Irish delegation of doctors and politicians was in Bahrain to seek the freedom from detention of doctors imprisoned during the protest crackdown in that country. The link arose because the Royal College of Surgeons of Ireland has a long-standing partnership to train Bahraini doctors and some [...]

Recent months have seen the issue of prostitution come to prominence as the Presidential election approaches. A disturbing parallel with the Lisbon debate is evident in the near unanimity of the political and intellectual ‘Establishment’ for a blind support of traditional policy approaches. How can someone simultaneously claims the mantle of liberalism while also attempting [...]

IMF statement on the US$3 billion loan for Egypt – A number of fundamental structural reforms, including the transition to a VAT-like consumption tax and reform of the highly inequitable and costly system of subsidies, are needed to improve the efficiency of public spending and help reduce the fiscal deficit in the medium term. We [...]

Taoiseach Enda Kenny has tonight announced his eleven nominations to Seanad Eireann. There’s some welcome additions, some of which point to the obvious influence of Labour (Katherine Zappone, Aideen Hayden, for example, or the fact that 7 out of the 11 nominees are women). There’s also some surprises: Fiach MacConghail gets the nod for his [...]

Wall Street Journal article with an interesting bit of news – Last fall, the [UK] FSA [Financial Services Authority] successfully pushed the Bank of Ireland to convert its U.K. operations from a branch into a subsidiary that required more capital, according to people familiar with the matter. The agency also required the U.K. subsidiary of Allied Irish Banks [...]

BBC Radio 4 with another scoop that should probably have been dug up by an Irish media outlet first.  The Manx2 crash at Cork Airport with the plane coming from Belfast.  The “airline’s” response to all queries — nothing to do us, sorry, we only sold the tickets.  A question for regulators both sides of the [...]

With the trilogy of Lenihan-era reports into Ireland’s financial collapse now completed (Regling-Watson, Honohan, and now Nyberg), there is now a lot of good information from which to draw.  But if you were hoping that completion of the trilogy meant something on the order of Return of the Jedi in terms of closure, you’d be [...]

Opposition is emerging from some Labour and FG TDs, Labour councillors to the prospect of a FG-Labour Coalition. Dublin MEP Proinsias de Rossa has said the party ‘should be prepared to go into Opposition’ if FG refuses to implement elements of Labour’s “Social Democratic Programme”. Former Enterprise, Trade and Employment and Energy and Natural Resources [...]

At this pace of news dumps, we’re going to need a bigger Dumpster.  Today it’s the report into why Brian Lenihan misled Chris Andrews in response to his parliamentary question about the payment of bonuses at Bank of Ireland (the same question triggered the AIB bonus row).  First, a digression.   Let’s suppose you were considering [...]

Brian Lenihan has finally released his favourite selective leak document of the last couple of months, the independent review into the capacity of the Dept of Finance and its performance over the last 10 years.  As the Minister — fresh from his Alamo stand for Fianna Fail in Dublin — says The Minister appointed the [...]