Ireland Still Suffering

Sep 27 2010
Ireland Still Suffering

Ireland looks like it will have to pay even more for the money it borrows.
Stockbrokers said Ireland is likely to pay a slightly higher interest rate in an auction with a sale of up to €1.5 billion worth of bonds.
Fine Gael's finance spokesman Michael Noonan said the higher costs are being fuelled by political instability and a growing lack of confidence in the Government's economic plan.
"There is a growing lack of confidence domestically and internationally that this Government knows what it is doing when it comes to fixing the banking sector and the wider economy,” he said.
He called for a general election to provide certainty.
‘Lover Husband Father Monster’ is set against the background of the collapse of the Irish economy.