http://www.irishcentral.com/topics/bundled+in+with+the+deal+for+Greece IrishCentral bundled in with the deal for Greece en-us http://www.irishcentral.com/story/roots/ireland_calling/breathing-space-for-irish-economy-126240763.html http://www.irishcentral.com/story/roots/ireland_calling/breathing-space-for-irish-economy-126240763.html Wed, 27 Jul 2011 04:50:06 PDT
Taoiseach Enda Kenny and Finance Minister Michael NoonanBeware of Greeks bearing gifts, the old saying goesAnd there is a downside to the great news we got last week, bundled in with the deal for Greece, that the terms of Ireland's huge debt burden are to be easedThis gift -- and it is a gift because it had nothing to do with the Irish government's negotiating skills on the matter -- will give much needed breathing space to the Irish economyWhat happened last week was that a summit meeting in Brussels of the European leaders finally agreed a package of measures to prevent an imminent default by Greece on its massive debt and to ease the terms of the bailouts for Ireland and Portugal to prevent them going down the tubes as well READ MORE ]]>