Stabilisation vital for future
The country’s defective banking system must be fixed so that it does not cripple any prospects for recovery
The main analytical challenge confronting the IMF/EU/ECB delegation is to establish the best way to fix the Irish banking system.
However, a parallel task for this group is to assess whether the government’s four-year fiscal plan will be sufficient to stabilise the government debt position.
Accordingly, the publication this week of the government’s fiscal plan is a key step in this process.
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