Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
What punitive rates? I am just saying Belgium had a debt of 115.5% to gdp in 1996 and 73,3% in 2007. So there is real example not that far away.

wWy do you assume that Ireland will always be in recession, never grow again and never be able to balance it's budget? And never gain to able to get lower interest rates?

by IM on Fri Feb 4th, 2011 at 11:57:27 AM EST
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