Saturday 27 May 2017

Maeve Dineen: Moment of truth will be bitter, but recovery is sure to follow

Maeve Dineen

THIS week was meant to go very differently. Just a few weeks ago, we promised the world we would outline a convincing four-year plan to end our economic woes.

Instead, that plan has been delayed without any convincing explanation, while the markets speculate that we could be forced to borrow as much as €70bn from Europe tomorrow.

A number of reputable news agencies are already saying it's no longer a case of 'if' but 'when' Ireland will receive a bailout.

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