Paradise island trade deal a welcome boost for Irish manufacturers
This is proving to be an unusually good week. The standout event is, of course, exiting the bailout on schedule. That will, among other things, reverse much of the reputational damage done by entering into it in the first place, thereby making Ireland a more attractive place to do business.
But three other positive developments took place over the past seven days.
First, Europe's squabbling politicians moved a little closer to creating a banking union. This should go some way to addressing the fundamental flaws in the design of the euro and lessen the chances of the currency collapsing.