A week is a long time in politics

From ‘Comical Ali’ ministerial denials of a bailout to the shock announcement by the Green Party that it was calling time on the coalition, Harold Wilson’s oft-quoted adage has never rung more true

27th November, 2010

At 7.50pm last Sunday, the mobile phones of political and financial journalists around Dublin buzzed and beeped with a short message: there would be a press conference at Government Buildings 25 minutes later.

You didn’t have to be following the unfolding story of Ireland’s financial crisis day by day to know what that meant.

The cabinet, which had been meeting for most of the day, had decided that it must formally apply...

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