Monday July 13, 2020

Europe can help itself by helping Ireland - FT

Ireland will struggle to achieve financial independence before its rescue package expires in 2014 if it is left to its own devices, an editorial in today’s Financial Times newspaper.

13th July, 2012

Ireland will struggle to achieve financial independence before its rescue package expires in 2014 if it is left to its own devices, said an editorial in today’s Financial Times newspaper.

The newspaper points as evidence to yesterday’s revelation that Irish growth slowed in the first quarter, despite the fact that the country is often called “the poster child for Europe’s drive to restore competitiveness.”

It said that while...

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