Saturday 3 December 2016

Seamus Coffey: Unlike banjaxed Greece, we can work our way through the pain

Published 27/09/2011 | 17:03

AS Greece totters on the edge with a sovereign debt default now viewed as imminent as it is inevitable the relative prospects for Ireland seem somewhat brighter.

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However, it could be that Ireland looks better only when compared to the abject failure of the international assistance programme to deal with the Greek problem – too much debt.

Can a programme that has failed so miserably in Greece work in Ireland? A quick run through our debt figures shows that it can.

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