Euro crisis: “by the fifth instalment producers have to ramp up the violence and special effects.”

There have been some choice quotes flying around as the Greek government neared the 8pm deadline for securing sufficient private sector creditor involvement in their bond swap deal [and convincing Frau Bundeskanzlerin – Ed].  Like this quote from the Guardian live-blog at 6.59pm “if it closes at more than 90% its a triumph,” one well-briefed government official said. “If it’s above 75% its relatively good, if it’s lower than that we’re fucked,” he added saying the effects on market psychology would …

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Euro crisis: “The expectation, however, must be for a fudge.”

When 25 of 27 EU leaders signed the “fiscal compact” [pdf file] designed to enforce budget discipline within the eurozone there was a rare, and unexpected, mood of optimism in the corridors of Frankfurt Brussels.  An enthusiastic editorial in the Irish Times today calls for widespread political debate about the required new economic and political architecture. …the euro zone will not be stabilised without putting some such new economic architecture in place. A new political structure will also be required to ensure …

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SIx Nations – Let’s try this again…

A miracle or a massacre? – From the Irish Independent: Le massacre du printemps, incidentally, was a headline from L’Equipe on the morning of the 1992 fixture in the old Parc des Princes, where Ireland managed never to win — against France or Argentina. Philippe Saint-Andre was on the wing that day when the home team romped home 44-12. For optimum effect we fiddle around with the stats from Ireland’s record in Paris, but the one that best illustrates the …

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Six Nations – Weekend 3

It’s time to start building a fortress. From the Irish Times: WHEN IRELAND first returned to Lansdowne Road in the autumn of 2010, Brian O’Driscoll spoke for all when declaring Ireland’s need to make the Aviva a fortress. Alas, not helped by the IRFU’s ticketing fiasco, as fortresses go it’s been more akin to the Maginot Line, which the Germans stormed in about a day. Should be comfortable – Italy can be awkward – but in areas where Ireland are …

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Six Nations: Paris in the Spring – A day for heroes…or a cold night in hell?

Well, late winter really but that ain’t quite got it..from the Irish Times – it’s minus nine degrees: At least les bleus won’t be playing with the sun on their backs in springtime. Otherwise, this one doesn’t look too promising. Not only do France have a hex on Ireland like no one else, nowhere does this apply more than the French capital. Ireland have won just once in their last 20 visits, and les bleus have also won 11 of …

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Euro crisis: You have six days to comply…

That’s the message to Greece from Germany the EU finance ministers.  Despite initial reports, prompted by the Greeks themselves, what was agreed yesterday between the party leaders there fell short of what was required – by some €300-odd million.  From the Irish Times report The ministers imposed a six-day deadline on Greek authorities to comply with their wishes and said all three parties in its coalition must pledge to implement the austerity plan and continue to do so after a …

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Euro crisis: “We are not fully in control of the sequence of events…”

Having watched as yesterday’s ‘deadline’ went whooshing past their heads, Greek party leaders are due to meet later tonight to consider another draft bail-out deal – once it’s been translated into Greek…  You can follow events as they unfold at the Guardian’s live-blog. Meanwhile, as promised, Frau Bundeskanzlerin has joined Nicolas Sarkozy on the campaign trail in a joint television interview, following a joint French/German cabinet meeting – as the BBC reports Earlier the two leaders held a joint cabinet meeting, …

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$cientology loses appeal against fraud ruling

The Irish Times reports from France, where the inheritors of L Ron Hubbard’s greedy and manipulative anti-science cult of scientology have lost their appeal against a 2009 ruling that “two French branches of the US-based organisation were guilty of “organised fraud” and gave four of its leaders suspended jail sentences of up to two years.”  A Huffington Post report notes During the appeals process, the prosecution had asked for the church to be fined at least euro1 million ($1.3 million) and …

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Six Nations – wide open.

This weekend sees the start of the most unpredictable Six Nations for a while. (There’s still time to make your predictions here). Are those Polish freezers still working for Wales? (BBC) Keith Earls has some pretty big boots to fill….(Belfast Telegraph) If you were Mr Lancaster would you like to start things anew at a freezing hostile Murrayfield…..? From the Record Andy Robinson is pressing the right buttons. Of England’s World Cup: What surprises me about England is they fell into a …

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Sarkozy: “I did not know she voted in France…”

At the Guardian’s Politics Blog, Michael White has some fun with reports that Nicolas Sarkozy has enlisted Frau Bundeskanzlerin in his French presidential re-election campaign.  Although this post’s title quote, from the Wall Street Journal blogs, suggests he may already be having second thoughts…  ANYhoo…  From Michael White’s post We can assume that pollsters have advised Sarko that the pluses of being identified positively with the much-admired German economy will outweigh the risks . Marine Le Pen, the National Front (NF) …

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Six Nations 2012 Prediction Contest

Ok – it’s that time of the year. Same rules as usual which are: 1 point for a correct home win, 3 points for a correct away win, 7 points for a correct draw. This year we need the top try scorer. 3 points if it’s one bloke, 2 if it’s joint, 1 if it’s shared by three. Any more than 3 top try scores it’s nowt. Tie breaker is total points scored. Here’s the fixtures: 1  France v Italy …

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Mario Draghi: “no doubt whatever about the strength of the euro, its permanence, its irreversibility…”

The Guardian reports the comments by European Central Bank president Mario Draghi that he has “no doubt whatever about the strength of the euro, its permanence, its irreversibility”.  But then, he would say that, wouldn’t he? Meanwhile, some European countries have agreed to provide €150billion to the International Monetary Fund to cover eurozone countries’ debt – short of the €200billion they were aiming for.  The UK declined an invitation to contribute.  The Daily Telegraph’s Ambrose Evans-Pritchard lists 6 good reasons why. And as …

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Euro crisis: “Anyone who claims to know what is about to happen to Europe is a fool.”

In the Guardian, Simon Jenkins identifies a key point missing from most analysis of the aftermath of the EU crisis summit.  From the Guardian article Anyone who claims to know what is about to happen to Europe is a fool. An unprecedented collapse in world credit has hit against years of reckless state borrowing to produce economic meltdown. Where there is economic meltdown, there is always a danger of political meltdown. While all other sciences have advanced over the ages, …

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Thoughts from Brussels on the euro crisis

I have been prodded – both by being on a radio panel discussion today and by the awesome Catie – to assemble some thoughts on the euro crisis and what it means for both parts of Ireland. There is a certain air of pessimism at present, driven largely by recent pieces in the Financial Times and the Economist predicting that the end is nigh and that the single currency is on the verge of breaking up. I must say that …

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Euro crisis: “it is time to send for the Borg…”

You can follow the latest developments in the eurozone crisis at the Guardian’s live-Business blog as pressure mounts on Italian Prime Minister designate, Mario Monti – who was nominated to replace Silvio Berlusconi three days after the Italian President, Giorgio Napolitano, appointed Monti a Lifetime Senator.  From his Wikipedia entry In 2007, Monti was one of the first supporters of the first European civic forum, Etats Généraux de l’Europe, initiated by European think tank EuropaNova and European Movement. In December 2009, he …

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Euro crisis: “The Greek government has become adept at playing Europe’s leaders…”

The Guardian’s Business blog team are live-blogging events following the ‘bolt from the blue’ that was the Greek Prime Minister, George Papandreou calling for a referendum on the ‘rescue package’.  And there’s an emergency Greek government cabinet meeting at 4pm [GMT]. BBC business editor, and still everyone’s hero, Robert Peston, looks at “the price of Greek democracy”. Opinion polls wouldn’t suggest there’s a high probability of Mr Papandreou winning the day. But views can change. What’s in it for the Greek people? Well, …

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Euro crisis: “And all bets are off if Europe does not start to grow again…”

At the Guardian’s business blog, Graeme Wearden is live-blogging the European debt crisis, as the “OECD predicts some negative growth in eurozone in 2012… and calls for “bold” action from the G20, Italian bond yields hit 6.13%, Markets fall as bailout deal euphoria peters out, [and the] Euro crisis drags MF Global to the brink“. Meanwhile BBC Europe editor, Gavin Hewitt, considers “Europe after the euphoria” Maybe it was the lack of sleep, or that expectations had been exceeded, but there was a whiff …

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RWC – almost done….come on All Blacks!

Enjoy: Power’s back on in Auckland. Sticking with the Herald – A number of All Blacks are pacing around the playing surface.. Enjoy! DewiWelsh Nationalist. Rugby Fan. Know a bit about History and Railways…

RWC: Final – Will France make a game of it?

New Zealand unchanged and supremely confident. France? “le match de toute une vie”  – Imanol Harinordoquy ain’t a bad player. Let’s face it – they’ve done it before.. I hope New Zealand stuff them and sink their ship on the way home. Any objective observations? DewiWelsh Nationalist. Rugby Fan. Know a bit about History and Railways…

“It is highly unlikely that channel will get any airing in San Sebastián this week.”

As of yet, there’s been no response from Basque terrorist group ETA to the declaration by the great and the good Former United Nations Secretary General, Kofi Annan, former Norwegian Prime Minister, Gro Harlem Bruntland, Former Taoiseach Bertie Ahern, Former French Minister, Pierre Joxe, International Representative for west Belfast Louth, Gerry Adams, TD, and… ermm… his sometime speech-writer, Tony Blair’s former Chief of Staff, Jonathan Powell.  That’s despite it being what the BBC described as a “carefully choreographed” event. Not that I’d expect …

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