Ireland

Some context for the ongoing growth debate

Listening to Ed Miliband’s speech today, you’d be left with the impression that the UK is suffering a huge decline in government spending this year, and that this is to blame for most of our economic ills. The facts are a little different, as the below chart shows. The European Commission estimates that the UK is likely to have the second largest growth in government spending of any of the EU’s 27 members this year, clocking in at a robust 1.5 per cent increase for the year. Yet this has done nothing to help the UK’s relative growth performance. The UK is forecast to be the fifth slowest growing economy

The Italian domino effect

For all the debate about Theresa May and border security, the big news has not been at Westminster today. Instead, people have been watching what is happening in Italy. For it is far from certain that Europe, or the Western world for that matter, has a bucket bigger enough to bail out a country that owes more than Greece, Ireland, Portugal and Spain do combined. As the New York Times reports, the European Central Bank is reluctant to step in and start buying Italian bonds because it fears that its previous bond buying efforts have simply enabled the Italians to avoid necessary reforms. It feels that only market pressure will

Ireland picks its President

Well, the oldie got it. Michael D. Higgins — commonly known as Michael D — has all but won the Irish presidential election. The little man who resembles a bard or a leprechaun, depending on your point of view, appears to have beaten off six undistinguished competitors to succeed the formidable Mary McAleese. At 70, he was the oldest in the field and looks, in fact, rather older. You could say it’s a victory for non-partisan, non-party politics. Mr Higgins was the Labour candidate but he stood aloof from the fray during the campaign, declining to criticise his opponents. That presidential stance went down well — it set him apart,

Irish Economic Meltdown: It Wasn’t Fianna Fail’s Responsibility!

Even by the lofty standards of delusional politicians, Bertie Ahern remains a man apart. The former Taoiseach who once boasted that “the boom times are getting boomier” has a novel theory to explain Ireland’s economic bust: it was the fault of the newspapers. Apparently they were too interested in writing about the curious way in which Bertie’s life was funded by a number of generous and wealthy pals and businessmen. If they hadn’t been persecuting the cutest hoor on the northside perhaps they’d have noticed what else was going on. Really, this is what the man says: Bertie Ahern has called for an investigation into the media for what he

On the Centenary of Flann O’Brien

How many times must a man be considered “overlooked” or recalled as a “forgotten genius” before it must become apparent to even the meanest inteligence that he can no longer sensibly be considered “forgotten” or “overlooked”? This is something worth observing in the case of Brian O’Nolan, better known to you perhaps as Flann O’Brien and, to the true cognoscenti, as Myles na Gopaleen too. What with an official stamp available as of this very day, the centenary of his emergence in bonny Strabane, a lengthy piece by Fintan O’Toole to say nothing of puffery in the New Yorker and the Guardian and lord knows where else, you cannot credibly

No, Martin McGuinness is Not a Fit and Proper Person.

Since I’ve always thought Shaun Woodward a nasty little toad it’s reassuring to discover the man will do nothing to earn a reassessment. Is anyone surprised he is entirely relaxed about Martin McGuinness’s campaign for the Irish presidency? Of course not. why would ayone be surprised? As the dreadful Woodward made clear, speaking at a fringe event at the Labour conference, McGuinness’s campaign is in some sense the next step in the “peace process”. Yes, really, Martin McGuinness, mass murderer, is a “fit and proper” person to be Head of State. According to Woodward: But what I can do as a fellow-member of the [Labour] race and somebody who was

An Irish Recovery?

I think it’s tiresome the way countries in desperate economic trouble are treated as lab rats by pundits far away whose sole interest in their travails lies in their providing an argument to buttress favoured policies back home. It’s a pretty grim game, really. So when Paul Krugman spends a summer writing about Ireland’s enforced austerity he’s not really writing about Ireland at all. He’s arguing about the United States and never mind what the hell happens to the poor, miserable Irish. The worse things go for them, the better they go for the Krugman school. Tyler Cowen documents all this rather neatly. This doesn’t mean that a return to

Martin McGuinness Asks Ireland to Forget History

Martin McGuinness’s campaign for the Irish Presidency is, of course, a disgusting affair. How could it ever be otherwise? But even by Sinn Fein’s grim standards, it’s off to a loathsome, disingenuous beginning. Speaking on Irish radio this morning, McGuinness complained that a coterie of “West Brits” in the Dublin media are out to get him. Only someone whose loyalty to the Republic might be questioned by the more rancid brand of nationalist, you see, would be vulgar enough to bring up McGuinness’s murderious past. Indeed, it’s just “people who are hostile to my candidacy” who have the gall to mention McGuinness’s IRA past. This is strange since, as Fintan

All in a night’s work

This inter-war story of an Anglo-Irish family in crisis opens with a bang. Caroline Adair, recovering from measles at Butler’s Hill, her aunt and uncle’s lovely house in the South-west, wakes in the night to find  Sinn Feiners surrounding the place. This inter-war story of an Anglo-Irish family in crisis opens with a bang. Caroline Adair, recovering from measles at Butler’s Hill, her aunt and uncle’s lovely house in the South-west, wakes in the night to find  Sinn Feiners surrounding the place. The family are given ten minutes to clear out. ‘Don’t be frightened, darling’, says kind Aunt Moira, ‘they won’t do us any harm, they only want to burn

Irish Green Shoots?

Could it be that Ireland has passed through the worst of the storm? Writig in the Financial Times yesterday David Vines and Max Watson argue that maybe, just maybe, it has. [T]he first and most important thing about Ireland is that it is swiftly restoring its competitive edge. Indeed it is moving rapidly towards a sizeable current account surplus – in a range of 3 to 4 per cent of gross domestic product. Of course, recession has also played a role in turning external accounts around, but a steady uptrend in exports has been underway for some time. The second element is that Ireland’s net public debt will probably peak

The Last of Mr Norris

Mary Robinson was (and is!) a woman and, just as importantly, the first President of the Republic of Ireland whose candidacy was not backed by Fianna Fail. Her successor, Mary McAleese is originally from Northern Ireland and thus, like Robinson, some kind of outsider. Both women expanded the idea of the Irish presidency and, in some small measure, helped refine the notion of what it means to be Irish in a modern european context. So you can see why some felt that David Norris, the independent Senator representing Dublin University in the upper house, would make an excellent candidate to succeed Mrs McAleese. These may be grim economic times but

Rengotiating the loan with Ireland

All eyes were on Greece at last week’s crisis summit in Brussels, but other indebted countries took advantage of Angela Merkel’s generous mood. In line with concessions made to Greece, the Irish secured a substantial cut in interest repayments on its bailout loan: the rate has fallen from 6 per cent to somewhere between 3.5 per cent and 4 per cent, and the loan period has been extended from seven to 15 years. This was a long-term goal of Enda Kenny’s government and the renegotiations are being heralded as a major victory. But the matter does not end there. When Kenny first tried to renegotiate the terms of its Eurozone loan in

The Political Speech of the Year

Enda Kenny, Taoiseach, delivered an astonishing speech to the Dail yesterday during which he lambasted the Vatican in ways unprecedented in the history of the Irish Republic. It was, indeed, a republican speech of the best sort during which the Taoiseach asserted  – reasserted would, alas, be too innacurate a way of putting it – the primacy of the state over canon law. At long last a senior politician, responding in this instance to the Cloyne report into clerical child abuse in that diocese and the church’s willingness to cover that abuse up, has stood up to the habitual denial, obstructionism and duplicity of the church in these matters. As

The Cute Hoors of County Kerry

Speaking of yokels, the Healy-Rae dynasty – pictured right, and the pride of South Kerry don’t you know – deserve to be thanked for providing some comic relief in these dark Irish days. As retail sales fall for the 39th consecutive month it’s reassuring that gombeen politics and cute hoorism remain as dependable as ever. The latest evidence for this comes from the unlikely source of a (surely terrible) Irish “reality” television show called Celebrities Gone Wild in which bleak Connemara subsituted for the jungles of Borneo as eight celebrities [sic] did whatever contestants on this kind of programme do to make the best of things. As always a measure

Why Belfast is ablaze

I live three miles away from where the rioting was happening in East Belfast last night, and heard the helicopters whirring overhead. It was the kind of sound that anyone living in the city hoped never to hear again. As a child, I’d lie in bed and hear bombs and sirens and helicopters — and we had all hoped that dark chapter had been closed. A tipping point of violence has now been reached. A press photographer has been shot, another given a fractured skull after a second night of riots. And in the aftermath, the blame game cacophony begins: Who started it? It was them. No it was them

A Bloomsday Puzzle

As yer man said “a good puzzle would be to cross Dublin without passing a pub”. A better puzzle would be why anyone would think this a good idea or profitable use of their time. That said, avoiding Davy Byrne’s is generally sound advice and never more so than today when it will be filled with jackanapes squawking about gorgonzola sandwiches. Nevertheless, there’s a fellow on the internet who claims it can be done. Depending, mind you, on your definition of “across Dublin” and, indeed, “pub“. I suspect, alas, that the open source maps he’s using are incomplete and that his route runs into trouble in the Harcourt Street area.

The Tory divide over European bail-outs

As Obama and Cameron played table tennis yesterday, a considerably more furious game was being waged between the government and Tory backbenchers. It related to a Parliamentary motion tabled by Mark Reckless – and described here – that sought to stem UK involvement in any future bailouts for eurozone countries. All well and good, you’d think, until a rival amendment percolated down from on high to dilute Reckless’s proposals. This new amendment would only go so far as to “urge the Government to raise the issue of the [bailout mechanism] at the next meeting of the Council of Ministers of the European Council”. The green benches were set for a

From the archives: The Good Friday Agreement

On Sunday, it will be thirteen years to the day since the people of Northern Ireland voted in a referendum on the Good Friday Agreement. The result was one of overwhelming support: 71 per cent to 29. Here is Bruce Anderson’s take on the Agreement from his Politics column at the time:   Mr Blair was rough on Mr Ahern (and while Unionists were there), Bruce Anderson, The Spectator, 18 April 1998   Occasionally, one is glad to be wrong. In this column last week, I wrote about the imminent collapse of the Ulster peace process. It seemed then as if everything was unravelling; the gaps between the various sides