Sunday 11 December 2016

Stephen Kinsella: Imagine our world without visits from the three wise men

Published 18/02/2012 | 05:00

Ajai Chopra from the IMF during a press conference at European House in Dublin, after
January's quarterly review by the European Commission, ECB and IMF.
Ajai Chopra from the IMF during a press conference at European House in Dublin, after January's quarterly review by the European Commission, ECB and IMF.

IMAGINE a world without the troika. You'd miss them, wouldn't you? No more quarterly visits from pointy-headed technocrats and tummy rubs for the Taoiseach and his ministers for being good boys and girls. No more sensational press briefings.

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And no more money.

Imagine Ireland wasn't able to access funds from the foreign markets in 2010, and, instead of seeking help from the European Central Bank, the European Commission, and the International Monetary Fund, the powers that be decided to go it alone.

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