Life after Debt: will Europe get a debt deal?
Sean Whelan With elections due in several eurozone countries, the electorates of different states have differing views on debt relief
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 ...