October 2, 2012

Ireland Not Meeting Bailout Requirements

Brendan Keenan, Irish Independent

AP Photo

While it is true that we have met the (very few) financial targets for debt ratios and the like, even a casual reading of the memorandum shows we repeatedly fail to meet other targets for reform. Sometimes those targets are simply stretched into the future, sometimes the memorandum highlights the failure and curtly notes that the date has been changed. Either way, we have failed to meet them.

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TAGGED: Eurozone, Europe, Ireland

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