The decision was made just over a year ago, and implemented this weekend 12 months ago. Ireland, after suffering three years of a stringent, embarrassing bailout, would leave the process unaided – without the financial safety net of a precautionary credit line.
The Economic Management Council (EMC), the high powered “cabinet within a cabinet”, had been meeting for months, mapping out Ireland’s post-bailout battle plan and the country’s re-emergence on to the world stage....
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