The Irish example

The Swiss newspaper Le Temps of today summarised it nicely:

L’Irlande finit par assainir sa situation économique
L’ancien tigre celtique pourrait se passer du soutien européen fin 2013. La croissance reste cependant atone et le chômage massif.

“Ireland succeeds in curing its economy – The old Celtic Tiger will be able to do without European support at the end of 2013. However, growth remains sluggish and unemployment massive.”

For those of you who read Spanish, this article, written by Vicenç Navarro, may be interesting. It argues that Spain should not follow the Irish example.