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Thursday 3 December 2020
Fine Gael MEP Brian Hayes explains the detail of the new pan-eurozone Single Supervisory Mechanism.
Frankfurt set for bigger role in regulating and punishing Irish banks.
The Minister for Finance met with the head of the eurozone’s permanent bailout fund, Klaus Regling, who reiterated his own view that any retrospective deal is not likely at the moment.
Eurogroup ministers met earlier this week on the topic, but only agreed on general principles.
With Ireland set to exit the Troika programme on 15 December, the question now is whether we’ll need a precautionary credit facility to ease it back into normal lending markets.
The deal with the parliament means that MEPs will now get the ability to pick the leaders of the supervisory board.
“It will not be a retroactive direct capitalisation. If recapitalisation is possible, it will come for the future.”
The German chancellor tells a news conference there “will not be any retroactive direct recapitalisation”. That’s us told.
THIS YEAR HAS given us a lot of unexpected things, but one of the bigger cultural changes of 2020 has been the wide-scale move to working from home.
Writing in TheJournal.ie today, Arlene Vithaldas of the UCC Academy argues that it’s time for society to change its view of a workplace that includes commuting to offices.
Some people have found that working from home has given them more time, because they don’t have to commute both ways or end up getting stuck in the office after hours.
However, others miss the collaborative nature and social aspect of being in the office, as well as the chance to regularly be in urban centres where offices tend to be located.
Today we’re asking: Do you enjoy working remotely?
Poll Results:
Share your story: voices@thejournal.ie
A couple of morning showers
Max: 4 °C
Min: -1 °C
Variable clouds, showers around; chilly
Max: 6 °C
Min: 4 °C
Partly sunny with a couple of showers
Max: 7 °C
Min: 1 °C
