We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Give a little

25 January 2011 By Neil Unmack

The first bond issue of the euro zone’s 440 billion euro bailout fund was a hit. It is borrowing at below 3 percent, while lending to Ireland at 6 percent. That looks like a racket. Lowering the rate would both give Ireland a breather, and display political unity.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)