Monday 23 October 2017

Seamus Coffey: Unlike banjaxed Greece, we can work our way through the pain

AS Greece totters on the edge with a sovereign debt default now viewed as imminent as it is inevitable the relative prospects for Ireland seem somewhat brighter.

However, it could be that Ireland looks better only when compared to the abject failure of the international assistance programme to deal with the Greek problem – too much debt.

Can a programme that has failed so miserably in Greece work in Ireland? A quick run through our debt figures shows that it can.

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