Positive signs amid the gloom

Our negotiations with the IMF and EU are causing uncertainty, but we must not forget that Ireland also has underlying economic strengths

20th November, 2010

Our sovereign debt and banking crises are undeniable. The difficulties in the banks continue, and the gap in the public finances is enormous by the standards of an economy of our size.

For the first time in the country’s history, we are effectively locked out of the international bond markets and it is increasingly accepted we will have to get help from a combination of the International Monetary Fund (IMF) and the European Financial Stability...

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