Bailout or knock-out?

Real story of bailout exit is how good crisis was wasted - Economic News | Ireland & World Economy Headlines |The Irish Times - Mon, Nov 11, 2013: "There is no such thing as a good bailout – it is an oxymoron – but that has not not stopped us claiming whatever kudos were going over the past three years. To paraphrase the Taoiseach, we have become the best small country in the world in which to do bailouts by 2013.
This is not nearly as pathetic as it seems. Our ability to meet pretty much all the conditions of the bailout has done much to restore international confidence in Ireland and its institutions. Making a virtue out of this necessity was the obvious and correct strategy."

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