Opinion Letters

Tuesday 24 October 2017

It's time for a dose of European solidarity

* The 'Good Book' tells us that there is a time and season for all things. Cycles come and go: boom bust, broke, flush, imposed austerity, and then a return to financial autonomy. All in the blink of a biblical eye.

You might be inclined to wonder what all the hue and cry was about. Especially if you have the mindset of one of the highly paid mandarins in either Brussels or Frankfurt – who with a grandiose ho hum, decree that a serious round of economic hardship is just the tonic to soften our coughs. Or maybe not. For it seems that this will no longer do.

Chancellor Angela Merkel has secured her next term in office, which will keep her in power until 2017, so the fashion for belt-tightening of the lederhosen has flashed by faster than you can say fiscal rectitude. All the same, the alacrity with which our Government dispensed with the masochistic fetish of economic flagellation was startling.

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