Peter Matthews article in the IT outling his view that the ECB should take 50% of the pain on the bailout given that all of the lending was done on their watch
From the comments at the end of the article from a scary person
From the comments at the end of the article from a negligent person
Restrain lending by all banks with a banking license in Ireland would have sorted it.
The purpose of the 5 year saving scheme was to create a spending bonanza just prior to elections.
Was national debt every paid down? I always understood it reduced as a % as the bubble GDP figures grew but in nominal terms I don’t think it was any smaller than it had been prior to FF coming into government.
Remained around the 40b level I think.