A well performing adjustment programme?
As Mick has noted, the news coming from the latest in a long line of EU economic crisis summits appears to be good for the Irish government. The rather terse statement issued at 4 am this morning is being pored over by economists as if it were some Joycean text, but it is pretty light on detail. Despite the limited information available, RTE are taking the throaty enthusiasm of An Taoiseach at face value and are fairly happy that the state …