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Thu 02 Feb 2010Ireland distances itself from hardest hit
EXPERT OPINION:IRELAND HAS distanced itself from the high debt problems of Greece, Portugal and Spain out of “sheer bloody-mindedness” by taking hard measures to correct its fiscal deficit, according to a UK author and expert on the euro.
David Marsh, author of The Euro: The Politics of the New Global Currency, said the recent stability of Irish sovereign debt spreads showed that the markets believed Ireland’s recovery plan was “credible, will be maintained and will be ultimately successful”.
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