FT.com / Comment / Editorial - Ireland attempts to settle its losses
The Govt is usually fast to seize upon favourable comment made by the international financial press.Dublin has bought itself time on banking policy. It should be used to put in place a resolution regime that can distribute future bank losses faster and more fairly than happened in Anglo’s case.
Even this would be small consolation for all the pain that has been inflicted on Irish citizens. The economic loss is at last being accounted for. The political irresponsibility that made it possible has yet to face its reckoning.
Do you think they'll grab at this as quickly?