Friday 23 February 2018

Michael Brennan: Government has done just enough as 'landlords' are shown the door

Ajai Chopra, left, deputy director of the European department of the IMF, and a colleague pass a beggar on their way to the Central Bank during the troika’s first visit to Dublin in November 2010. PETER MORRISON
Ajai Chopra, left, deputy director of the European department of the IMF, and a colleague pass a beggar on their way to the Central Bank during the troika’s first visit to Dublin in November 2010. PETER MORRISON

IT is now almost three years since the troika first arrived in town, but it will soon be heading for the departure lounge. The inspection visit that begins today is the 12th and final one since the IMF's Ajai Chopra was famously pictured walking past a beggar on the streets of Dublin in 2010.

Since the troika's arrival, the country has gone through an unprecedented upheaval, with Fianna Fail being turfed out of office, young people leaving the country again in droves and extreme weather conditions, from the Arctic winter of 2010 to the heavy rainfall this spring that caused a fodder shortage.

The Government has found its own way of dealing with the troika, which is similar to the old landlord-tenant relationship that existed under British rule. There is much doffing of the cap and promising to do exactly what the troika wants. The property tax has been implemented and water charges are on the way. But many of the troika demands have been quietly ignored or half-implemented at best.

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