Monday April 6, 2020

Four futures for Ireland

The EU/IMF/ECB troika’s struggle to deal with the Greek crisis has major implications for Ireland

28th May, 2011

Greece is wobbling. And Europe is in trouble.

The approach to bailing out the peripheral countries is not working.

What US economist Nourini Roubini - Dr Doom - has dubbed the ‘‘lend and pray’’ approach - where more money is loaned to peripheral countries in the hope that things will somehow get better - is not doing the trick. Instead of getting better, everything is just getting worse. Every route forward is dangerous. Taxpayers in...

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