In just 20 years, Ireland has caught up remarkably fast on its neighbours while avoiding the rise of income inequality, especially between generations. While policy issues exist for the future, they are less acute than elsewhere in Europe.
The Government has gambled that corporation tax receipts will rescue budget profligacy indefinitely – a gamble that could even pay off, at least for a while. But failures to limit public spending show a conscious absence of caution.
John Overdeck is trying to prevent a feud with his wife over his $723 million divorce settlement offer from costing him in a battle with his Two Sigma co-founder, writes Peter Rudegeair, The Wall Street Journal.
As energy prices continue to rise, the IMF is the latest forum to explore the lack of economic crisis in the face of repeated assaults. It will take a few more shocks to know if economies have become durably more resilient.
With imminent elections primed to transform the European political landscape and an Irish economy humming along nicely, hitting the fiscal accelerator was unnecessary. But with debt levels low, Ireland is in a strong position to handle any bond market woes.
Ahead of midterms that could turn on high prices and borrowing costs, secretary dresses down officials, write Brian Schwartz, Josh Dawsey, Philip Wegmann and Gregory Zuckerman, The Wall Street Journal.
Ireland has emerged from another global economic shock in relatively good shape, with its relationship with the US looking secure and the energy hit proving manageable. But France could become the big economic risk of 2027.
Record heat withered crops, strained businesses and upended everyday life. It happened faster than anyone expected, write David Luhnow, Stacy Meichtry and Ed Ballard, The Wall Street Journal.
Ireland may not have any intergalactic space warriors, but it still has growth.
Spending €1bn a year on petrol and diesel subsidies is a lot, but this is just one of several billion-euro levers the Government has access to in the lead up to the budget – unless Ireland finally loses its immunity from successive international crises.
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