Sunday 4 April 2010

Rebounding Celtic tiger offers UK harsh lessons in demolishing debt

Telegraph
"Twelve months ago, credit downgrades and a deeply alarming fiscal deficit prompted bond investors to include Ireland in a group of fiscal stinkers known as the PIGS – standing for Portugal, Ireland, Greece and Spain. A year on, the Republic isn't quite smelling of roses but certainly seems to have left the sty. "

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