Great article in one of yesterdays papers expressing surprise that Central Bank Governor John Hurley voted for an interest rate rise in the last ECB meeting.
Then mentioned in the body of the article that ECB board members are specifically required to ignore national interest and vote for the collective interest of the Euro-zone members.
Almost as funny as the editor of some Irish Property magazine which has gone into receivership expressing surprise that publishers "don't want to touch anything with property in the name"..... Well I never.
Anyway, getting back to the topic, whilst the Government can't affect things in the short-term, the decisions they make in the next few months will define how long and how deep the recession lasts and how well positioned we will be to take advantage of any recovery.
I can't say I have much confidence they'll make the right calls.
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