Saturday February 22, 2020

A welcome step, but a long road remains

The fact that investors were willing to lend Ireland over €5 billion for periods of five to eight years in last week's bond auction was a positive signal - up to a point.

28th July, 2012

The fact that investors were willing to lend Ireland over €5 billion for periods of five to eight years in last week's bond auction was a positive signal. However, we need to be clear what it does - and does not - mean.

The ability to raise long-term funds from private investors for the first time since September 2010 shows a level of confidence in Ireland's future. That said, it is not viable to fund...

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