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The Observer Editorial: The Irish people have suffered enough. Europe should back off

27-02-2011 8:31pm

#1

Mr. Loverman

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From http://www.guardian.co.uk/commentisfree/2011/feb/27/editrial-ireland-eu-election-debt

The regime being imposed on Ireland is utterly unrealistic. A depressed and deeply indebted economy with just 1.8 million people at work cannot underwrite private banking liabilities of €200bn (135% of GDP). The parties that will form the new government promised to renegotiate the deal with the IMF/EU. If democracy and European solidarity are to mean anything, they should get a sympathetic and fair-minded hearing.

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