Sunday 24 September 2017

Ten steps toward economic survival

To avoid surrendering our sovereignty to Europe, the solution is not to be found in any one measure but in a package of linked initiatives that need to be implemented in sequence.

The first of these is resolving that we must quickly leave the euro and revert to our own currency, which will be set at a fixed rate of devaluation to the euro, in the region of 30pc.

The second step is to urgently engage with all subordinated bondholders who have lent money to both Anglo Irish Bank and Irish Nationwide to set about negotiating a reduction in debt and a repayment programme of the revised balances owed.

Please sign in or register with Independent.ie for free access to Opinions.

Sign In

Don't Miss