Europe Economics Update Is Greece really so much worse? The recent blow-out in Greek Government bond spreads seems to over-do the depth of its fiscal problems compared to those of other crisis economies like Ireland. But Greece has clearly lost the markets... 28th January 2010 · 1 min read
Europe Commercial Property Update Ireland’s property market will remain in doldrums for next few years Ireland’s exit from recession in the third quarter provides less grounds for optimism about the outlook for commercial property than it may initially seem. Although rental value falls in Ireland have... 18th December 2009 · 1 min read
Europe Economics Update Ireland not out of the woods just yet With the Irish economy expanding again and the Government apparently willing to take the tough actions required to get the public finances on an even keel, Ireland looks set to avoid coming under the... 17th December 2009 · 1 min read
Europe Economics Focus How long will Ireland’s hangover last? There have recently been some encouraging signs that Irelands painful adjustment may be coming to an end. Nonetheless, considerable obstacles remain. We expect the economy to continue to contract in... 3rd December 2009 · 1 min read
Europe Economics Update Irish recovery remains a distant prospect Q2’s Irish GDP figures provide some hope that the economy is not about to go into full-blown meltdown. But a sustained period of positive growth remains a distant prospect. 24th September 2009 · 1 min read
Europe Commercial Property Update Irish and Greek retail rental values hit hard by downturn In our most recent Euro-zone Commercial Property Analyst (Vol. No. 2/2009) we forecast that Greece and Ireland would experience the largest falls in retail rental values. The agents’ latest data... 24th September 2009 · 1 min read
Europe Economics Update Irish bad bank unlikely to get credit flowing again The release of further details of the Irish Government’s “bad bank” plans does little to change our view that bank lending will continue to contract for a sustained period. Ultimately, further... 17th September 2009 · 1 min read
Europe Economics Update NAMA unlikely to solve Ireland’s bank problems The Irish Government’s plans to set up a “bad bank” should eventually help to reduce the uncertainty surrounding the size of banks’ losses. But the sheer scale of the problems in the banking sector... 31st July 2009 · 1 min read
Europe Economics Update No sign of Ireland’s hangover fading. Since the onset of the downturn, the Irish economy has contracted significantly more sharply than other deficit economies such as the US and UK. Unfortunately, Ireland’s troubles appear far from over... 30th June 2009 · 1 min read
Europe Economics Update Deflation in Ireland - a warning sign for the euro-zone The latest Irish inflation figures revealed that core inflation tumbled deeper into negative territory in April, suggesting that the chance of a prolonged bout of negative inflation is growing. This... 21st May 2009 · 1 min read
Europe Economics Update The implications of the Irish bank guarantee Another wave of euro-zone government bailouts and a bank guarantee by the Irish government show that the credit crunch is beginning to take a greater hold on the region, raising the risk of a more... 30th September 2008 · 1 min read
Europe Economics Update Irish boom turns to bust Ireland’s second quarter GDP figures confirmed the inevitable – that the collapse in the property sector has driven the wider economy into a recession. With house prices set to fall considerably... 25th September 2008 · 1 min read
Europe Economics Update Ireland heading for recession The contraction in the Irish economy in Q1 confirmed that the boom of the last decade has finally turned to bust. It seems very likely that the economy is heading into a property-led recession. 30th June 2008 · 1 min read
Europe Economics Focus Ireland: After the party… Recent news on the Irish economy has supported our view that expectations of a relatively soft landing after the boom of the last decade are too optimistic. We now expect the economy to grow by just 1... 3rd April 2008 · 1 min read
Europe Economics Focus How hard will higher interest rates hit Ireland? The Irish economy looks likely to be one of the heaviest sufferers from the upward trend in eurozone interest rates. As such, the consensus view that Irish economic growth will barely slow over the... 18th September 2006 · 1 min read
