Slim pickings from revised deal

After all the pre-election promises to renegotiate bailout terms, create jobs and secure better economic days ahead, there were slim enough pickings on offer yesterday when Fine Gael and the Labour Party provided limited details of their revised memorandum of understanding with the EU and International Monetary Fund.

The basic message was one of reassurance to the domestic and international markets: Ireland had met its fiscal and restructuring commitments for the first quarter; Ireland was entitled to draw down agreed funding and Ireland was making good progress. But, like visitors around the bed of a patient on life-support, voices were subdued, even if the tone was positive.

Πηγή: The Irish Times

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