Speaking to a committee of the European Parliament, Mr Draghi warned that the recent balance sheet review, carried out by the Central Bank here, “falls short” of the more stringent test that would be carried out ahead of the ECB assuming the role of overall banking supervisor next year.
He said the exercise carried out by the Central Bank was “not forward looking”.Responding to a question by the Fine Gael MEP Gay Mitchell, a member of the parliament’s economic and monetary affairs committee, Mr Draghi also said the ECB had a “positive, but more cautious,” assessment of the budget for 2014.

 

 

Irish banks remain source of ‘some concern’ – Mario Draghi (RTE)

 

cosmos

Saturday December 21st: I Am The Cosmos, Terrierz, Elastic Witch DJs @ Twisted Pepper, Middle Abbey Street, Dublin (€10, 11pm )

Nialler9 writes:

Creators of my Irish album of the year (do vote for yours in the annual readers poll – ) play a rare live show. Their album Monochrome is top-class moody analogue synth-disco music inspired by a single song by ’80s Japanese band Mariah. Great poster too…

 

Nialler9’s Gig Guide December 16- 31 (Nialler9)

14/5/2012. Campaigns For Fiscal Stability Treaties Minister of State Brian Hayes (left) spoke on BBC Radio 4’s The World Tonight on Friday with presenter Ritula Shah.

[soundcloud url=”https://api.soundcloud.com/tracks/125107153″ params=”color=ff6600&auto_play=false&show_artwork=false” width=”100%” height=”166″ iframe=”true” /]

 

Ritula Shah: “There are a lot of people emigrating. A lot of people are voting with their feet and getting out and there is a question if austerity is to continue, you know how much more can people take?”

Brian Hayes: “Well, emigration has been a feature since our independence from Britain. In the last 12 months, yes, 80,000 people have left. But 50,000 people have come back. And of the 80,000 who have left, half of them were non-Irish nationals who were going back to third countries where they had come from originally in the European Union. There is a lot of churn within the population figures and I think what we need to do is to keep those people in Ireland because they’re going to be the social entrepeneurs, they’re going to be the business start-up people of the future.”

Right so.

Listen in full here.

Mark Stedman/Photocall Ireland

Broadsheet.ie