“2013 *can* be the year in which Ireland exits its Programme”
No forgone conclusion then from the Taoiseach speaking at the LSE in London yesterday, who is clearly trying to make the most of his government’s billing as poster child for austerity. We are implementing a very challenging budgetary adjustment of about 20% of GDP over the period from 2008 to 2015, with most of this already achieved. We remain on track to fall to below the 3% of GDP-target by 2015. This new stability and confidence has been hard-won. But it …