Wednesday 7 December 2016

Troika's failure shows us where the true power lies in Ireland

Published 16/05/2015 | 02:30

Even the Troika was unable to hammer down legal fees
Even the Troika was unable to hammer down legal fees

Your report on the Troika throwing in the towel on the issue of legal fees in Ireland May 14, is a picture that paints a thousand words as to where real power lies in this country.

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The Troika is not a trio of loony-left groups. On a left / right divide they would in all candour sit on the right. They are fully conversant with the realities of global finance. They equally are cognisant of the fact that, internationally, legal costs are excessively high.

However, even they were shocked when they realised the scale of legal costs in Ireland.

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