Bill Emmott

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Paschal Donohoe: the “magical mediocrity of sustained average rates of growth” is what enables countries to plan for the future, the Minister for Finance says. Photograph: Chris Ratcliffe/Bloomberg

Steady. Unspectacular. Dull. Boring, even. These are the ambitions of Paschal Donohoe, Ireland’s young Minister for Finance, as he ponders his steward(...)