Oh Yeh, Enda??

In Davos, Mr Kenny was optimistic that growing financial market
confidence in Ireland was spreading. He said the positive market
reaction to Wednesday’s €3.5 billion bond swap was a “small step”
towards financial independence after 2013.

But US economist Joseph Stiglitz described ongoing Irish payments to
unsecured bondholders as “unconscionable. Why should Irish taxpayers
have to give up health and education to make good on a loan from a
private bank?” Prof Stiglitz said in an interview with The Irish

Mr Kenny said the Nobel prize -winning economist was a “very important
personality, but politicians have to make decisions and commentators
comment. We are not heading down the road of looking for debt
write-downs or default,” he said.
Wrike – Project Management