Opinion

With banks in America and the UK encountering major difficulties as previously booming economies head towards recession, a similar and perhaps even worse fate may be awaiting Irish banks. Worryingly, the situation is shaping up to be so bad, that the very future of the banks may be under threat, as Richard Douthwaite explains.

Eamon Ryan, former Minister for Communications, Energy and Natural Resources (2007-2011)

Everyone knows that the cheapest way of doing something can turn out to be very expensive in the end. The decision to make Ireland ’s electricity system so reliant on gas is about to bear this principle out. By Richard Douthwaite.