Ideally it would be an infrastructure stimulus. Roads, rail, schools and hospitals are priority here. More people back to work in (sustainable) construction and related fields = more disposable income = more tax take = more jobs, etc. plus something useful to show for it.

Unfortunately we can’t stop bickering for long enough to decide what to build and where!

So still printing new money back by neither Gold or Silver and charged with interest that doesnt exist.
I get it now.

Are these lenders mad*? Ireland has gone from 26% debt/GDP to 160%, the politicians won’t touch pay and pensions under CPA, we already have €1.5bn deficit in the state pension fund (which capitalises at a figure over €300bn by 2050), domestic growth has tanked and even after four years of “austerity” the McCarthy report gathers dust, there has been no social welfare reform and we continue to nationalise private banking debt (*perhaps they have been convinced the Irish people will take all cuts to ensure we never default).

Agreed Kevin.
Its such a pity FF sold us up shit street with the bank ‘deal’ Lenihan did.

Yes indded , on money we should not be repaying at all !!!

what makes Ireland different that if we borrow money we shouldnt repay it?

Learn basic economics.

What makes Ireland different that if banks go bankrupt they shouldn’t be let go to the wall?

no. well done to the Irish tax payer, not the government.

Yes Ciaran
Well done to the taxpayer who are standing idly while our pockets are being pick pocketed , by the ”establishment” to line they already over flowing pockets of the very wealthy ! Oh don’t forget the now broke developers who are too good to sign on or not entitled to s w (because they were self employed) and are being given exorbitant gratutities by NAMA…. The mind boggles . Well done taxpayers.!

Let’s hear it for Enda
Hip hip

Well done you say. Seriously, this government is light years away from deserving praise like “well done”.

well done Enda…

Typical response. Just listen to Stephen Donnelly and the facts of the situation as he expressed on Newstalk yesterday on the start of moncrieff. Listen to what his friend in the IMF said perhaps, then come back to me ok?

This is Journal.ie
The normal rules do not apply here. This is a world where black is white, the sun rises in the west and most important of all, no cloud has a silver lining

Fair enough lads, ye know best, debt 160% to GDP will be fantastic and paying €10billion a year in debt will be a drop in the ocean. Don’t ever let facts get in the way of a good ole positive pr BS spin session!

Diarmuid
That is not what the article was about.
The article spoke about how the interest rate being charged on Irish bonds had come down again. Good news.
We all know that there are still huge challenges ahead but this a small step in the right direction & I for one will celebrate tonight with a bottle of red from Lidl tonight.
If you choose to weep into your beer that is your affair.

Really, you’ll have wine for this? God you must have some craic on your birthday! It’s all interlinked, suggesting otherwise is beyond daft! No weeping, just reality!

Any excuse for a bottle in chez Gillespie!!
We might even have another on the strength of all those job announcements
As for reality, way overrated, especially your version of it
“Jimmy’s winning matches”