irishtimes.com: Ireland's case for debt relief

The arguments for debt relief are persuasive at national and European levels, even if there are real difficulties in getting it agreed. Ireland faces a huge problem to achieve a primary surplus on its public income and expenditure through spending cuts and tax increases. This has to be tackled irrespective of what is done about public debt and is the principal focus of the support programme from the European Union and the International Monetary Fund. But it will not be possible to stimulate recovery and growth on the basis of a more competitive economy if the burden of debt remains. That in turn would undermine returning to the markets, in a signal the programme had failed.

Mein Blog befasst sich in einem umfassenden Sinn mit dem Verhältnis von Wissen, Wissenschaft und Gesellschaft. Ein besonderes Augenmerk richte ich dabei auf die Aktivitäten des Medien- und Dienstleistungskonzern Bertelsmann und der Bertelsmann Stiftung.