- 4 year fiscal plan must first be produced, budget passed and IMF support secured
- Past week has been a traumatic one, people feel misled and betrayed
- Has informed Prime Minister of Green party’s call for parliamentary election
- Reached a point where Irish people need political certainty
- Regrets very much that country is in the hands of IMF, Green party deeply upset
- Can no longer continue in govt once budget, fiscal plan, IMF deal in place
This isn’t helping matters chaps. Time for cool heads. Some of that sounds like border-line hysteria (or is it political opportunism?) Not helping whatever it is.
EUR/USD selling accelerating, presently down at 1.3690.
Ireland’s ISEQ continues under pressure, presently down at 1.2%.