Monday 19 February 2018

James Downey: We have a right to be kept in loop -- it's called democracy

James Downey

James Downey

SPAIN has got itself sorted out nicely. The €100bn bailout of the country's banks will help to "bring stability to the euro and the eurozone".

No, I'm not making it up. These were Enda Kenny's words on Monday. At the time he uttered them, he must have felt the "sense of security and stability" of which he spoke. He should have waited a few hours.

By the end of the day, the financial markets had delivered an unfavourable verdict. By Thursday, Michael Noonan was back in full doom-and-gloom mode.

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