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Richard Farmer’s chunky bits

Australia is in the top 20% of performers among OECD countries in terms of well-being, but the GFC has had a profound effect. Plus other political snippets of the day.

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Crikey Blogs | EUROPE|

When in doubt, vote no

Irish voters decide to keep their Senate after all, writes Charles Richardson. Meanwhile, British politicians are arguing about giving their voters the opportunity to decide whether to keep EU membership.

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You can bet on those annoying TV ads

Crikeyreaders talk gambling advertising, Big Brother and what now for the Catholic Church.

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Losing the faith? Irish lessons for Catholics under pressure

With Australia’s royal commission into child sex abuse dominating national headlines — and senior Catholic George Pell facing a similar state enquiry today — will the faithful stop going to church? Ireland offers some clues.

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Crikey Blogs | EUROPE|

Ireland uncertain on fiscal austerity measures

The latest opinion poll suggests there is considerable uncertainty in Ireland about support for fiscal austerity policies, reports Richard Farmer.

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The Global Mail | EUROPE|

The luck of the Irish meets the lucky country

Ireland is broke and depressed. Two percent of the population has left since 2008, with Australia the number one destination for those emigrating. Eric Ellis interviews those about to flee.

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Gillard’s looking prime ministerial

If her approval ratings do not improve because of it then Labor really will have reason to despair.

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Rundle: Irish eyes smile on the Left, but coalition is uneasy

The Irish elections were a triumph for the Left, with Labour nearly doubling its vote and Sinn Fein tripling theirs. But will the Fine Gael-Labour government be the wreck of the latter party?

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Crikey Blogs | EUROPE|

Breaking promises: it’s the same the whole world over

So post-election, the first step is to negotiate a coalition agreement and the next is to tell the people who voted for you why you will be breaking your principal promise. Irish politics is following the well worn democratic path, notes Richard Farmer.

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Nothing’s ever quite what you expect in Ireland

Ireland’s election produced very much the expected result, with the governing Fianna Fáil party sustaining the heaviest defeat in its history and losing about three-quarters of its seats.

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Irish Labour eyes a national investment bank

Ireland is only the second country after smaller Iceland to have been bankrupted by its banks and bankers, with considerable assistance from weak politicians and corrupt businessmen.

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Can Fianna Fáil rise above the scandals?

The Irish parliament is expected to be dissolved this week and Fianna Fáil is facing the prospect of a humiliating defeat that could see them become Ireland’s third major political party, writes Keshia Jacotine.

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MacKerras: the conservative case for electoral reform across the Anglosphere

The Conservative Party got the better of the Liberal-Democrats in the negotiations for coalition government. And a new electoral reform agenda will likely go their way, too.

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Rundle’s British Isles bites: Assange to the Frontline … Labour Lord’s it over Tories … Another Ireland crisis …

Looking hale and hearty from his country estate regime, WikiLeaks star-fleet commander Julian Assange yesterday appeared at London’s Frontline Club.

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Crikey Blogs | EUROPE|

Ireland pollies’ message to the poeple: “don’t worry about it!”

Ireland: the country is on the verge of bankruptcy, another major bank is being effectively nationalised and the same politicians who presided over the economic disaster still don’t want the people to know what is actually happening, writes Richard Farmer.

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Crikey Blogs | ECONOMY|

Bond markets in Europe remain sceptical

Ireland’s decision to accept the EU bailout fund relieved the European bond markets for a very brief time, but the risk premiums are already returning higher, reports Richard Farmer.

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Crikey Blogs | ECONOMY|

And financial regulators wonder why smart people don’t trust them…

It was only back in July that the international financial regulators gave the major Irish banks the tick of approval. Fast forward four months and it’s a very different Ireland, notes Richard Farmer.

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Rundle: Ireland failing as economic woes turn to political upheaval

Ireland is edging closer to political uproar today, with Taoiseach (i.e. prime minister for goddsake) Brian Cowen being accused of “clinging to power”, and rumours that members of his own party, Fianna Fail, may vote against him.

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Crikey Blogs | EUROPE|

In Ireland: time for a government to go

The headlines on page one of the Irish Sunday Independent say it all about the state of Ireland and its attitude to the government really, notes Richard Farmer.

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The rise of the Greens

Crikey readers have their say.

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A revolt in the ranks

There’s one thing about the Organisation for Economic Cooperation and Development: when it publishes one of its country reviews it goes out of its way not to openly contradict opinions expressed by the host government’s finance officials.

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Default of the Irish?

Time is running out for Ireland. The debt-plagued country is being urged to accept a bailout to quell worries about its solvency, and to stop the turmoil in financial markets that is endangering weak members of the eurozone, says Karen Maley.

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Not-so-lucky: Ireland’s economic woes worsen

Europe’s economic woes are back in the headlines, with Ireland appeaing in the most immediate danger thanks with the mooted €35 billion cost of bailing out Anglo Irish Bank causing Ireland’s budget deficit to increase to an alarming 32% of GDP (ten times the EU limit).

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Ireland’s warning for America

The losses inflicted by the vainglorious Irish bankers are staggering. Overnight, the Irish government estimated that the total cost of bailing out the Irish banks had risen to a sickening €45 billion ($AUD 63 billion), writes Karen Maley.

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CoreEcon | ECONOMY|

PIGS might fly when it comes to public debt

Rising public debt is a key challenges facing world economies, with many countries with debt to GDP ratios over 100%. And it’s the PIGS (Portugal, Ireland, Greece and Spain) who are at the most risk, explains Mark Crosby.

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