Ireland’s Moment of Fiscal Decision
Once again, Europe is watching an Irish referendum with bated breath. Despite the economic pain that Ireland has endured since the financial crisis began, the Irish people understand that they need the EU if they are to recover and build on the country's sound fundamentals.
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DUBLIN – “The construction of Europe is an art,” former French President Jacques Chirac once said. “It is the art of the possible.” If so, then Europe’s deconstruction – or, worse, its collapse – would be a shockingly fearful and painful business.