Bailout plus 5: was it really worth it in the end?

Five years ago, Ireland was bailed out by the IMF – but at what cost?

22nd November, 2015
The late Brian Lenihan, Brian Cowen and John Gormley at the launch of the Plan for Recovery in 2010 Picture: Tony O’Shea

Ajai Chopra never expected to become a celebrity. The IMF man had made a career out of visiting the world’s financial troublespots – hot, dusty and underdeveloped countries in need of emergency advice and, most importantly, cash. The Merrion Hotel must have been a nice change.

When Chopra stepped outside the five-star hotel, he got his first idea of what it was like to be the face of an unwanted troika in a...

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