The deal we should do

The deal we should do

The suggested bailout interest rate of 6 per cent (or even 5 per cent) on the €85 billion ‘rescue’ package would, if agreed, simply kick the default ball down the road for another day, and beggar us all

As the Taoiseach and his ministers unveiled their four-year economic plan last Wednesday to a nervous and fearful public, government bond dealers watched anxiously.

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