A few years ago, I found myself beside Hans Tietmeyer, head of the German Bundesbank for much of the 1990s and a leading expert on international finance.
The occasion was a conference organised by the Catholic Episcopal Commission of the European Union, Comece.
Tietmeyer, also a member of the Pontifical Academy of Social Sciences, told me that he believed that the European Monetary Union was like a ‘‘corset’’ for Ireland. ‘‘It will support, but it...
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