Oh no, say it ain’t so Joe…….
- Irish policy implementation remains steadfast despite the challenging external environment (good show)
- Expects that Irish fiscal targets for 2012 will be met
- Continued to discuss possible technical solutions to improve the sustainability of Ireland’s well-performing adjustment programme
- Intensified efforts are required to deal decisively with mortgage arrears and further reduce bank operating costs
EUR/USD sits at 1.2990, a mere 10 pips firmer from when I turned up
Plus ca change, plus c’est la meme chose………