Saturday 16 December 2017

Noonan insists: We can't take any more

FINANCE Minister Michael Noonan summed it up after his meeting with the president of the European Central Bank, Jean-Claude Trichet, yesterday: "We can't take much more."

These words did not merely express the views of the new Government. Mr Noonan spoke for the entire Irish population. If there is any difference at all between the minister and the average citizen, it is that the latter might well say "we can't take any more".

Some kind of tipping point may have been reached when his predecessor, Brian Lenihan, left him a €10bn bill for further recapitalisation of the banks that have caused the country so much anguish.

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