It’s time for Ireland to just say ‘non’

Ireland has not put a key message across to our EU partners remotely forcefully enough. It is this: by not defaulting on any bank senior debt - even that of Anglo Irish Bank - Ireland is taking a hit for Europe and for the stability of its banking sy

14th May, 2011

Ireland has not put a key message across to our EU partners remotely forcefully enough. It is this: by not defaulting on any bank senior debt - even that of Anglo Irish Bank - Ireland is taking a hit for Europe and for the stability of its banking system. In return for this, we need generous assistance with our bailout plan which is involved in rescuing our banks, a point made in the ESRI report...

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