Friday July 10, 2020

Is this as good as it gets for the Irish economy?

Ireland is still fragile, vulnerable, and highly open

Barry J Whyte

Chief Feature Writer

@whytebarry
14th February, 2016
Investors fled to safe havens such as German bonds last week Picture: AP

When Enda Kenny, Joan Burton, Micheál Martin, and Gerry Adams took to the TV3 stage for the first leaders’ debate of the general election, the Iseq index of Irish shares had lost more than 15 per cent of its value for the year.

Already during the week, it was down 2.4 per cent after some panicked selling.

The Iseq wasn’t alone. Stocks and stock markets around the world were walloped last week as investors...

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