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.
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.