Thursday 30 March 2017

Thomas Molloy: Ireland may be on mend but Europe needs a cure

European Commission president Jose Manuel Barroso at a briefing yesterday after the European summit
European Commission president Jose Manuel Barroso at a briefing yesterday after the European summit

THE compromise reached in Brussels early yesterday contains some good news for Ireland but the agreement still leaves Europe a long way from a lasting solution to the underlying problems.

Once again, the continent's leaders have chosen to treat the symptoms of the debt crisis rather than the underlying causes.

This week's summit was already the 14th in less than two years to tackle the crisis; the punishment for once again dodging the underlying causes will be many more sleepless nights in the years ahead.

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