EU austerity drive by country by BBC
A succinct picture.
In Ireland’s case, a good start would be to cut the interest rate on the loans. They must be soft or the numbers don’t work. But moral hazard must be expunged and transaction cots reduced.
A succinct picture.
In Ireland’s case, a good start would be to cut the interest rate on the loans. They must be soft or the numbers don’t work. But moral hazard must be expunged and transaction cots reduced.
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