Saturday 10 December 2016

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

Maeve Dineen

Published 15/11/2010 | 05:00

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.

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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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