Ireland: Europe’s poster child for austerity or fall guy?
“The plan is working” declares the Taoiseach, in an article above his name in the Irish Times. While I acknowledge that we still have a long way to go, it is clear Ireland is headed in the right direction and there is light at the end of this tunnel .. Other banks have been recapitalised and restructured, with new boards and management teams. The bank guarantee has been ended, some stakes in the banks have been sold, deposits are flowing …