Telegraph: Reports that the economic markets are not impressed by the stalling tactics of Ireland. It could get a lot worse for Ireland if it delays with the EU bailout of its economy, and more important for the UK it could cost the UK taxpayer more if the Irish have to be bullied in to taking the bailout. Its ironic but by stalling Ireland could have a very serious effect on the economies of Portugal and Spain, they could go over a cliff. The Irish should take the money and get over the political humiliation, the UK in the 1970s went through a similar process with the IMF, you learn your lessons and move on.
No comments:
Post a Comment