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Troika back in town

  • 14-10-2011 7:58am
    #1
    Scofflaw
    Registered Users, Registered Users 2 Posts: 23,283 ✭✭✭✭


    So the troika are in town again for another quarterly review. No major surprises are expected - programme on track etc - and if things go according to the usual form there should be the usual press conference & report next week. Apart from the standard "who died and left them in charge?", the answer to which remains much as before, is the major issue the question of what happens to the asset sales being managed by New Era?

    cordially,
    Scofflaw


Comments

  • #2
    Godge
    Closed Accounts Posts: 21,727 ✭✭✭✭Godge


    I would suspect that they are in town to

    (1) finalise the scale of the budgetary adjustment for 2012, would explain Gilmore's intervention
    (2) decide on the nature of that adjustment.


  • #3
    Scofflaw
    Registered Users, Registered Users 2 Posts: 23,283 ✭✭✭✭Scofflaw


    Godge wrote: »
    I would suspect that they are in town to

    (1) finalise the scale of the budgetary adjustment for 2012, would explain Gilmore's intervention
    (2) decide on the nature of that adjustment.

    I'd imagine that it would play a large part in determining the outcome of the Budget, but given that the government has to stick within the programme agreed with the lenders, it would seem likely that there would be slightly more detailed constraints.

    cordially,
    Scofflaw


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