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AN INFLUENTIAL GERMAN economist and member of the European Central Bank (ECB) executive board, Jorg Asmussen has said it’s crucial that Ireland stick to the €3.1 billion target set by the Government.
Speaking on RTÉ’s The Business radio programme, he said that delaying adjustment would be a “risky strategy”.
He said “I would conclude that it is crucial that the authorities stick to the programme’s objectives as they have done in order to ensure that the country remains on a sustainable path”.
ESM
When asked if he thought there would ever be approval that the European Stability Mechanism (ESM) would be used retroactively in recapitalisation, he said that as it stands now, he did not think the ESM could be used to retroactively fund Ireland’s bailout of the banks.
He said the mortgage arrears is specifically important in Ireland, but said there is ongoing stress test for banks now.
He added that Ireland had made “significant progress so far”.
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Jebus. A wave from Kinsale made it up to the M4!
Ffs will the weather just cop on already… If it insists on being sh*tty it should snow at least then we could have some fun with it
Watching too many US TV shows, Caoimhe?
No I just prefer snow to rain- you can’t make a rain man now can you?
Tom Cruise can!
He’s refering to tge already. . We dont say that here.
Mind blown
Hows prison Joe ? I’ll get me coat ….
Was Seamus out with a measuring tape?
These spam bots are really out to catch the slowest in society. $21,432/$89 = 240 hours of work. Let’s say there’s 21 working days in a typical month, so just under 12 hours per day. Hardly “a few hours” now, is it?
Well if you’re willing to put the hours in i say go for it. I wonder what you have to do “on the laptop” !
Sure Cork is only massive :-)
Love some of the comments on here on response to the jokes that somehow this wave credits Cork. Some muppets out there portrait jealousy. Just too funny altogether!
Ye know like, our waves are bigger than yours. Sleepy little Cork.
Great Marc, really happy for you. Congrats man
Lighten up Tommy. Typical of you. No sense of humour….
Ye have to feel sorry for the poor ba**ard who has to measure those bloody waves.
Ah but a cork man will tell you the alaskan waves arent as hard or mighty as the cork waves
Isnt it Gas that they never thought to get a picture of this massive wave from the platform….
They did… but with the 178km winds the camera is somewhere over Norway right now.
Hi everybody big wave to you all on this mad day in Irish History.
im waving at everyone right now
Soft day, thank God.
Crab fishermen in Alaska fish in waves twice that size
Go join them
And you wonder why all the weirdos stalk you,#creep
You might be able to lie to your missus but we know that there’s a difference between a foot and a meter!
160 foot waves? Oh dear.
Ian, correct. You can’t measure your gas usage with a foot but you can with a meter. A metre, on the other hand……….
Would all the cork people get on that wave and feic off…..
You will have nobody to laugh at then.
What is it about Cork that fascinates non-Corkonians so much. They can’t all be envious.
Predictive text will be the undoing of journalism. “Precious” record? Previous, surely.
Surf’s up.
50 year storm man!!
Do they measure every wave all around the coast?
No just the big ones
How old is Kinsale Gas Platform exactly ?.,… Calm down, like this hasn’t happen before, jeus, sure wasn’t hurricane Charlie worse !. If that movie An Inconvenient Truth, hadn’t been released , Irish Media be like, sure another typical Irish day, All seasons in one day .. rather than the lame duck it has become sadly…… Granted the last few winters have been mild, ok that was put down to Climate change, Global warming….now we have a winter that is dull and stormy and its down to Climate change, Global warming. Make up your mind, which is it. If you are going to push it like a drug dealer, set a price at least ………. Oceanic currents work on a 60 year cycle at least. Some have seen better weather and worse than this before !
?
Take your medication..
A water meter is it?
Twenty five meters,thats roughtly around 82 feet,wow, i bet not to many brave soul wave riders would attempt that,plus the tidal currents around the Old Head are enought to make your head spin.
whateva about waves i hate the world…i wish i was living on another planet lite years from here
How much shorter than a light year is a lite year ? Has the speed of light increased, (in Cork) ?
Cork, Cork, Cork ! Sickens me, deepest water, heaviest snow, highest wave……. Dublin just announced the name of a guy going to contest the local elections and his domain name value (www.Kenneth Egan.com) has shot up in value to €600. Beat that ye hoors.
You poor man
Holey shite!
Goiengineering
Hi everyone big wave from kinsale
Did u know that witnessing big waves is a sign of big feet #shoes
Did anyone surf it?
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