Ireland’s taxpayers have shouldered too much

Commentary feature. This is not just an Irish problem. European governments everywhere are scared of touching bondholders, writes Wolfgang Münchau.

ESO: Background information: Ireland’s budget position worsens http://www.europeansources.info/record/irelands-budget-position-worsens/

ESO: Background information: Ireland unveils bank rescue package http://www.europeansources.info/record/ireland-unveils-bank-rescue-package-anglo-failure-would-bring-down-ireland/

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