Stabilisation vital for future

The country’s defective banking system must be fixed so that it does not cripple any prospects for recovery

20th November, 2010

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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