Thursday 8 December 2016

Emmet Oliver: IMF arrival is chance to reform a failed system

Published 20/11/2010 | 05:00

STERN-faced IMF economists are walking the streets, national morale has been crushed, years of debt repayments lie ahead and sovereignty has been unnecessarily compromised by a group of jaded and deluded politicians.

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It may seem churlish and naive to suggest that anything positive can emerge from such a catastrophic economic and political backdrop -- but it can, in time.

This week's arrival in Dublin of an IMF mission is, of course, a moment of national humiliation, although is anyone really surprised it came to this?

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