Monthly Archives: January 2013

Minister for Communications Pat Rabbitte yesterday delivered more good news for Ireland with the announcement that some of the largest wind turbines in the world may be built  across the midlands.

Speaking about the proposed project, he said “I think there is a mutual interest here for both countries, adding: “Ireland doesn’t want a wind farm at every cross roads; we don’t want that”.

However

Richard Tol, professor of economics at University of Sussex and formerly with the ESRI, said he felt that the whole scheme was “crazy” and would not work in the long term, adding:

“From an Irish perspective this is not selling the family silver; this is giving it away. There is no money staying in Ireland that I can see. But from the British perspective it is a good deal,”

Oh..

BBC Audio.

Previously: Ireland to build ‘Giant’ wind turbines to power the UK (BBC News)

(Sam Boal/Photocall Ireland)

Ireland.com.

Developed – controversially – in London for €2.5 million.

Worth every cent?

Annie West writes:

We pretended to be a couple of potential visitors to Ireland and wanted to see what’s on. We were simply having a look to see what two and a half million buys you in the way of excellent British Web Design.
….We open the page and are blasted by a bewildering , shape shifting array of images, captions, tabs and buttons. There is an abundance of green. Which I suppose is fine but there are other colours in this country.
…And yet, somehow, it seems so silent. Not that I personally would enjoy the wailing of Uileann pipes any time I open a web page. But maybe a bit of witty banter that we’re famous for might…never mind.

Later…

… My friend walks outside and plunges his head into a bucket of freezing water while I check the maximum, reasonable, allowable dosage of aspirin.

 

Ireland.com (Annie West)

Previously: Gather This

The EU-IMF troika has raised the prospect of a new line of “comfort funding” for the Government to ensure there is no disruption to the public finances at the end of the bailout.

Under scrutiny in advance of the 10-day mission, which begins next Tuesday, is whether additional steps should be taken to ensure a smooth exit from the bailout in the autumn.

This question centres on the possibility of the troika providing a new line of credit to the Government as it attempts a full return to private debt markets.

More credit? Well, that’s comforting.

Troika raises possibility of ‘comfort funding’ (Arthur Beesley, Derek Scally, Irish Times)

(Pic: Laurent Gillieron/KEYSTONE, via Associated Press)