Wednesday 16 August 2017

Bord Gais generates hope

We could not have hoped for a better event to mark of the second anniversary of the EU/IMF bailout.

Yesterday Bord Gais was offered a staggering €6.5bn by international money managers in less than an hour. It was one of the most extraordinary debt auctions ever witnessed in Europe.

The deal is the clearest sign yet that the same markets that slammed shut for Ireland in 2010 believe there has been a dramatic change in this country's economic prospects.

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