Ajai Chopra of the IMF in Dublin. Illustration: Eoin Coveney

So it was a mistake, all that austerity, all those cuts that blighted people’s lives, all that squalor, all that doubling of child poverty, all that c(...)

Minister for Finance  Paschal Donohoe: “When you become that vulnerable all choices open to you are bad.”  Photograph: Gareth Chaney/Collins

Minister for Finance Paschal Donohoe has declined to criticise Germany’s role in Ireland’s bailout programme a decade ago, though he agreed the proces(...)

The dominant view in Berlin at the time – particularly in the Angela Merkel chancellery and cabinet table – was to ensure all countries swallowed strong austerity medicine.

Ireland was hit with unnecessarily harsh austerity measures a decade ago at Berlin’s behest, a former German finance ministry official has conceded. (...)

The Bundestag in Berlin.

Comments from a senior former official at the German finance ministry that Ireland was hit with unnecessarily harsh austerity measures a decade ago at(...)

The man who invented Germany’s strict limit on new public borrowing has called for a rethink, saying the country should raise billions of euro in debt to invest in new technology, fight climate change and repair its ageing infrastructure. Photograph: Felipe Trueba/EPA

The man who invented Germany’s strict limit on new public borrowing has called for a rethink, saying the country should raise billions of euro in debt(...)