Wednesday 18 January 2017

Our biggest fear is still fear itself

Published 10/01/2012 | 05:00

The president of the European Council, Herman van Rompuy, claims that Europe is slowly but surely overcoming the debt crisis.

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His claim carries very little credibility in the countries worst affected.

Statistics tell us that consumer confidence in Ireland is at a 10-year low. That will surprise nobody; and the reasons are not far to seek. Insecurity has prompted people to hoard money.

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