http://www.irisheconomy.ie/index.php/2010/08/05/update-on-greece/ Thu, 24 May 2012 03:08:10 +0000 http://wordpress.org/?v=2.6.3 http://www.irisheconomy.ie/index.php/2010/08/05/update-on-greece/#comment-63769 Paul Hunt Tue, 10 Aug 2010 14:03:38 +0000 http://www.irisheconomy.ie/?p=7436#comment-63769 While recognising that Greece has lost its sovereignty to the EU/IMF, will the recovery process be more severe and longer in Ireland than in Greece because Ireland is grasping vestiges of sovereignty, e.g., ability to issue sovereign paper without an explicit external guarantee, deciding on the composition of fiscal contraction and adopting a leisurely approach (without any guarantee of sensible outcomes) to deleveraging the state balance sheet and reforming the sheltered sectors? While recognising that Greece has lost its sovereignty to the EU/IMF, will the recovery process be more severe and longer in Ireland than in Greece because Ireland is grasping vestiges of sovereignty, e.g., ability to issue sovereign paper without an explicit external guarantee, deciding on the composition of fiscal contraction and adopting a leisurely approach (without any guarantee of sensible outcomes) to deleveraging the state balance sheet and reforming the sheltered sectors?

]]> http://www.irisheconomy.ie/index.php/2010/08/05/update-on-greece/#comment-62877 Dreaded_Estate Thu, 05 Aug 2010 12:03:39 +0000 http://www.irisheconomy.ie/?p=7436#comment-62877 Greece seems to be on track for an 8% deficit this year. Greece seems to be on track for an 8% deficit this year.

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