Wednesday 22 November 2017

Thomas Molloy: Noonan whistles past graveyard as IMF raises spectre of bond markets

FINANCE Minister Michael Noonan allowed himself to dream out loud about the future yesterday rather than dwelling on the past.

Most of us are worrying about the forthcoming property tax, new water charges and cuts to child benefit but a sunny Mr Noonan soared far above these petty concerns to predict that the country will wave goodbye to the troika's bailout programme late next year and return control of the economy to our elected representatives.

By predicting an end to the bailout programme with or without a deal on bank debt, Mr Noonan has allowed himself to be far more optimistic than most of the economists who look at the economy.

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