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Noonan: 'We can't go mad again.' Ireland leaves its €67.5bn bailout on Sunday (Photo: Guimo)

'We can't go mad again' - the reality as Ireland leaves its bailout

Ireland will become the first eurozone country to exit a bailout on Sunday when it completes its €67.5 billion three-year programme.

However, those hoping that this brings an end to an austerity programme that has seen the country put in place over 270 separate cost-cutting measures will be disappointed.

"This isn't the end of the road. This is a very significant milestone on the road," Finance Minister Michael Noonan said at a press conference on Friday (13 December), before addi...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

Noonan: 'We can't go mad again.' Ireland leaves its €67.5bn bailout on Sunday (Photo: Guimo)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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