The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
Do you really think a hedge fund - or any private lender woulds give a credit to the irish banks at 1.75%?
The current negotiated rate for the bailout loan is 5.8%, which looks pretty damn punitive to me - and certainly if you want a country to get out of a depression, loan sharking isn't the most effective way to do it.
Unless you're arguing the case for the loan sharks, of course.
I suppose someone has to.
Burn the ECB! 1.75% is usury!
Friends come and go. Enemies accumulate.
by afew - Apr 20 46 comments
by ChrisCook - Apr 20 2 comments
by DoDo - Mar 19 19 comments
by DoDo - Apr 11 4 comments
by redstar - Apr 2 19 comments
by gmoke - Apr 1 33 comments
by ManfromMiddletown - Apr 241 comment
by ChrisCook - Apr 202 comments
by afew - Apr 2046 comments
by DoDo - Apr 114 comments
by redstar - Apr 219 comments
by gmoke - Apr 133 comments
by DoDo - Mar 1919 comments