Ireland has a mountain of debt to repay - a whopping €85bn - and a mountain to climb in terms of restoring its reputation with international partners. Yet, Dublin insists it can beat off all competition.
If ever there was a tale of two cities it can be found today in the heaving metropolis of Dublin. Simply contrast the story of general economic woe with the sparkling image being presented by Ireland's public and private sector movers and shakers. On the one hand it's a gruesome melodrama about an overheated domestic economy which has left generations of ordinary citizens facing debts of €85bn - the EU/IMF bail-out package. And on the other, a whole different story is being told, of unprecedented growth in exports (€161bn in 2010) and record breaking figures from the IFIA - the Irish ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes