Thursday 22 March 2018

Kenny faces tightrope walk in Brussels

Thomas Molloy

ENDA Kenny will have a difficult balancing act in Brussels today. As the continent's leaders fret about Spain and the survival of the euro, the Taoiseach risks looking like a bigger version of Jackie Healy-Rae if he bangs on about Ireland's interest rate.

All eyes will be on Spain's problems, and every other problem will be seen through that prism. Our interest rate will be trimmed if it helps Spain -- and left untouched if it doesn't. Mr Kenny's task will be to get what he wants, while not appearing to endanger Europe.

Germany, Finland, Austria and the Netherlands have nothing against us; their big fear is that propping up Ireland could encourage Portugal and Spain to slacken their austerity drives.

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