It seems so simple, so civilised – a debt conference for the euro-periphery. A multilateral, multinational affair to agree a series of writeoffs and term extensions to make the unsustainable sustainable. Then step back, and watch the PIIGS [Portugal, Italy, Ireland, Greece and Spain] take off like rockets. Or something like that.
Of course, Michael Noonan would be interested in such a thing, especially if he is asked the question at a gathering of Ireland’s...
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